CA > San Pedro
San Pedro, CA 90731,902 S Mesa ST
San Pedro, CA 90731,902 S Mesa ST
San Pedro, CA 90731,902 S Mesa ST
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$1,095,000
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10,023 Sqft Lot
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902 S Mesa ST San Pedro, CA 90731

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Coldwell Banker West

Coldwell Banker West

+1(619) 737-2126

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25233743

HOA Y/N No

Year Built 1919

Lot Size 10,023 Sqft

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

Area 185 - Plaza

Interior

Fireplace No

Laundry None

Exterior

Parking Features Gravel

Pool None

Community Features Suburban

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Total Parking Spaces 10

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7455009001

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

CRMLS – RECore
Listed by Anthony Walker Buckingham Investments, Inc 310-561-4776

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Coldwell Banker West

Coldwell Banker West

Broker | License ID: 00889834

+1(619) 737-2126

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