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$ 1,095,000
Est. payment /mo
Active
902 S Mesa Street San Pedro (los Angeles), CA 90731
12 Beds
4,402 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,402 sqft
Price per Sqft $248
MLS Listing ID CRSB25233743
Bedrooms 12
HOA Y/N No
Year Built 1919
Lot Size 10,024 Sqft
Acres 0.23
Property Sub-Type Quadruplex
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
Interior
Fireplace No
Laundry No Hookups
Exterior
Total Parking Spaces 10
Building
Lot Description Other
New Construction No
Others
Tax ID 7455009001
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Anthony Walker • Buckingham Investments, Inc