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1224 S Mesa Street
USD 895,000
Property ID: 24465415
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1224 S Mesa Street ,90731
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icon 5014 SqFt
icon Built in 1922
icon USD 179/SqFt
icon 7 Beds
icon 5 Full
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Location Street View
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Interior Details
Bedrooms
7
Bathrooms
5
Interior Size
3559
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1922
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Detailed Introduction Of This Home
We are pleased to present our newest exclusive listing in San Pedro. This 5-unit multifamily property is located only 3 blocks away from Ports O' Call Village and minutes from the Cabrillo Marina. The property boasts spacious units comprised of three 1 bedroom/1 bathroom and two 2 bedroom/1 bathroom units. The property has been well taken care of over the years and boasts a 5.28% CAP RATE on current income with a 10.62% proforma cap rate. Additionally, the property has an estimated 65% upside in rents. The property is individually metered for gas and electric and all units have washer/dryer hookups. The property is mainly copper plumbing and has individual water heaters. There are three garages in the rear that can used for additional income or potentially converted into an ADU. For more information, please reach out to the listing agents.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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+87
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Contact Development/Agent
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Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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1224 S Mesa Street
USD 895,000 7 Beds
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