CA > San Pedro
San Pedro, CA 90731,902 S Mesa Street
San Pedro, CA 90731,902 S Mesa Street
San Pedro, CA 90731,902 S Mesa Street
12
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$1,095,000
Est. payment /mo
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12 Beds
10,024 Sqft Lot
Active Under Contract

902 S Mesa Street San Pedro, CA 90731

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Richard Combs

Richard Combs

+1(619) 838-9307

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID SB25233743

Bedrooms 12

Lot Size 10,024 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Huge 4 unit property 2 blocks outside of Downtown San Pedro on 10,000 square feet of buildable land and a 26% upside to rents. Four 3 bed units, 1 with 2 baths and 3 with 1 bath averaging 1100 square feet each. Existing building is situated on one side of a huge flat 10,000 square foot corner lot with access on three sides from streets and alley. Potential for sizable new construction ADUs on this lot in addition to the existing structure. Very well priced at only $249/sq ft and 12.6X GRM on actual rents with a 26% upside to a market GRM of 10 and cap rate of 5.7% before any ADUs. One unit recently renovated and re-leased at $2350 in 2025. Separately metered for electricity and gas. Tons of space for parking Only 2 blocks from the massive 42 acre West Harbor LA Waterfront development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026. 2 blocks from Downtown San Pedro with art galleries, restaurants, boutiques, and other retail Only a few blocks from Cabrillo Marina and Cabrillo Beach.

Location

State CA

County Los Angeles

Zoning Assessor

Direction SE Corner of 9th St and Mesa St

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 7455009001

MLS Router / San Diego MLS
Listed by Anthony Walker Buckingham Investments, Inc

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Richard Combs

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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902 S Mesa Street

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