This Multifamily Property is no longer advertised on LoopNet.com.

1224 S Mesa St
San Pedro, CA 90731
5.5% SELLER FINANCING!!! · Multifamily Property For Sale · 5 Units

Investment Highlights

  • 3 Blocks From Ports O’ Call
  • 9.63% Proforma CAP RATE
  • 5.5% Interest-Only Seller Financing Available
  • ADU Potential

Property Facts

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.12 AC
Building Size 3,559 SF
No. Stories 2
Year Built/Renovated 1922/1960
Parking Ratio 0.84/1,000 SF
Zoning RD1.5 - Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations

Amenities

Unit Amenities

  • Air Conditioning
  • Washer/Dryer Hookup
  • Kitchen
  • Sprinkler System
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Public Transportation
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 $1,801 712
1+1 3 $1,745 712

Property Taxes

Property Taxes

Parcel Number
7456-009-025
Land Assessment
$550,000
Improvements Assessment
$345,000
Total Assessment
$895,000
  • Listing ID: 34730745

  • Date on Market: 2/5/2025

  • Last Updated:

  • Address: 1224 S Mesa St, San Pedro, CA 90731

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