1309 S Mesa ST new Save Request In-Person Tour Request Virtual Tour
San Pedro,CA 90731
Key Details
Property Type Single Family Home
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 4,499 Sqft
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 185 - Plaza
Zoning LARD1.5
Exterior
Parking Features On Street
Building
New Construction No
Others
Special Listing Condition Standard