Property Detail

1224 Mesa

San Pedro CA 90731

$1,075,000

Status: Active

Property Details

Description

Seller Financing Available: $716,000 at 5.5% Interest-Only, Fixed for 9 Years. No assumption fee or prepayment penalty, providing are and flexible financing structure for investors. The property consists of (2) 2 Bed / 1 Bath and (3) 1 Bed / 1 Bath units. Each unit is individually metered for gas and electricity and features washer/dryer hookups, copper plumbing, and individual water heaters. Kitchens and bathrooms are finished with tile flooring and showers, while the two upstairs units enjoy a harbor-facing balcony and a carpeted entry staircase.Three garages are located at the rear of the property (3x rented at $175 each), providing additional income potential or the option for ADU conversion. Well maintained and located in a residential neighborhood, the property offers strong cash flow with long-term upside supported by below-market operating expenses.

Map Location

Listing provided courtesy of Chase Simonton of RE/MAX One. Last updated 2025-09-11 08:12:11.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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