Listing provided courtesy of Jonathan Weir of Marcus & Millichap. Last updated 2024-11-24 09:14:51.000000. Listing information © 2024 Sandicor.

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Asking Price: $895,000

1224 Mesa, San Pedro CA 90731

Community: 185 - Plaza

This property was built in 1922 and is priced at $895,000. Please see the additional details below.

0 Sq Ft
0 bathrooms
0 bedrooms
MLS#: 24465415
Type:
Year Built: 1922

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.

Call or Email Ever Eternity now to inquire about this property

858-688-4113

Information

Address:	1111 Prospect St, Suite 100 La Jolla CA 92037
Phone:	858-688-4113
E-mail:	Send a Message
DRE#:	01794847

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