1309 S Mesa St Active

San Pedro,CA 90731

$ 1195000

5 Beds

7 Baths

4102 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,102 sqft

Price per Sqft $291

MLS Listing ID 25602433

Bedrooms 5

Year Built 1912

Lot Size 4,500 Sqft

Property Sub-Type Multi-Family

Property Description

This property presents an exciting investment opportunity with significant rental upside potential. This 7 unit apartment offers 4,102 square feet of comfortable living space on a spacious 4,500-square-foot lot. The property includes two charming 2-bedroom, 1-bath units along with four cozy studio units and a 1 bedroom unit, providing versatile rental options. Ideally located within walking distance of the Main Channel Waterfront, South Pacific Avenue retail and dining, and 22nd Street Park, it offers both convenience and lifestyle appeal. The owner is offering attractive seller carryback financing with just 35%down at a 4.5% interest-only rate for a 24-month term. This makes it a compelling cash-on-cash opportunity in one of LA's emerging beach communities, blending historical charm with tremendous growth potential.

Location

State CA

County Los Angeles

Area Plaza

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall Gas

Cooling Window Unit(s)

Equipment Range/Oven

Exterior

Parking Features On street

Others

Special Listing Condition Standard

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