San Pedro, CA 90731,2215 S Mesa Street
San Pedro, CA 90731,2215 S Mesa Street
San Pedro, CA 90731,2215 S Mesa Street
$910,000
Est. payment /mo
$950,000
4.2%
Est.Price: ?

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3 Beds
2 Baths
4,900 Sqft Lot
SOLD DATE : 07/14/2023

Key Details

Sold Price $910,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR23078086

Sold Date 07/14/23

Bedrooms 3

HOA Y/N No

Lot Size 4,900 Sqft

Property Description

Stones throw from Cabrillo Way Marina and the Pacific Ocean lies this wonderful Triplex featuring (1) 2+1unit and (2) 1+1 units. The buildable is approximately 1,872 SF on a 4,900 SF rectangular lot. The spacious units are all turnkey with new vinyl flooring and desirable layouts which most tenants desire. This opportunity presents an astute investor an opportunity to purchase a turnkey property which can easily be rented out at high 5% Cap rate in its current condition or renovate to maximize this rental properties full income potential. The rectangular lot also presents the potential to add ADU units to the rear of the building or to redevelop the property in its entirety. San Pedro is a thriving community with multiple real estate developments underway including the 330,000 SF West Harbor waterfront project and a developing and gentrifying downtown area. San Pedro is one of the last underdeveloped waterfronts in Southern California presenting you an amazing opportunity to purchase a property close to the water. This property is located very close to Cabrillo Way Marina, Fort MacArthur, West Harbor waterfront development and all the other amenities including Marinas, Beaches and monuments that San Pedro is well known for. See attached Supplement for property income Setup.
Stones throw from Cabrillo Way Marina and the Pacific Ocean lies this wonderful Triplex featuring (1) 2+1unit and (2) 1+1 units. The buildable is approximately 1,872 SF on a 4,900 SF rectangular lot. The spacious units are all turnkey with new vinyl flooring and desirable layouts which most tenants desire. This opportunity presents an astute investor an opportunity to purchase a turnkey property which can easily be rented out at high 5% Cap rate in its current condition or renovate to maximize this rental properties full income potential. The rectangular lot also presents the potential to add ADU units to the rear of the building or to redevelop the property in its entirety. San Pedro is a thriving community with multiple real estate developments underway including the 330,000 SF West Harbor waterfront project and a developing and gentrifying downtown area. San Pedro is one of the last underdeveloped waterfronts in Southern California presenting you an amazing opportunity to purchase a property close to the water. This property is located very close to Cabrillo Way Marina, Fort MacArthur, West Harbor waterfront development and all the other amenities including Marinas, Beaches and monuments that San Pedro is well known for. See attached Supplement for property income Setup.

Location

State CA

County Los Angeles

Area San Pedro (90731)

Zoning Assessor

Building

Story 1

Lot Size Range 4000-7499 SF

Others

Monthly Total Fees $30

Acceptable Financing Conventional

Space Rent $2,300

Listing Terms Conventional

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Kunal S. Sethi • Sync Brokerage, Inc.
Bought with General NONMEMBER • NONMEMBER MRML
agent-avatar

+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

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