$895,000
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Mesa St San Pedro, CA 90731
Other
Residence
7
Beds
5
Baths
...
Bed/Bath
3,559
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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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MLS#
24-465415
Property Type
Other
Bedrooms
7
Bathrooms
Year Built
1922
Square Feet
3,559
sq. ft
Price per Sq. Ft.
$251.48
Lot Size
0.12
Sewer
No Sewer
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