1309 S Mesa Street

San Pedro , CA 90731

MLS#: 25602433

$1,195,000

Status: Active
Listing number: 25602433
Listing provided by: Global Platinum Properties, Inc.
Listing agent phone: None
Last update: 5 days ago
On site: 6 days ago
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Property

Beds

5

Full Baths

None

1/2 Baths

None

Year Built

1912

Sq.Footage

4,102

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.

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1033

  • Property Type

    Residential Income

Price

  • Sales Price

    $1,195,000

  • Sq. Footage

    4, 102

  • Price/SqFt

    $291

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

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Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Armin Soleimani , Global Platinum Properties, Inc.

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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.

1309 S Mesa Street

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