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Sold for $910,000 on 07/14/23
  • Listing Provided by: 

    Kunal Sethi DRE #01351160 818-770-3660,

    Sync Brokerage, Inc.

    $910,000

    2215 S Mesa St, San Pedro, CA 90731

    --beds
    --baths
    1,872sqft
    Triplex
    Built in 1951
    -- sqft lot
    $1,216,800 Zestimate®
    $486/sqft
    $2,926 Estimated rent

    What's special

    Stone’s 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.

    Zillow last checked: 7 hours ago

    Listing updated: July 17, 2023 at 12:13pm

    Listing Provided by:

    Kunal Sethi DRE #01351160 818-770-3660,

    Sync Brokerage, Inc.

    Bought with:

    General NONMEMBER, DRE #01383641

    NONMEMBER MRML

    Source: CRMLS,MLS#: SR23078086MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Appliances
    • Laundry: None
    Features
    • Flooring: Laminate
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 1,872
    • Total interior livable area: 1,872 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 3
    Features
    • Entry location: East
    • Pool features: None
    Lot
    • Size: 4,900 sqft
    • Features: 2-5 Units/Acre, Lawn, Rectangular Lot
    Details
    • Parcel number: 7465004012
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1951

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & neighborhood

    Community
    • Community features: Biking, Fishing, Urban
    Location
    • Region: San Pedro

    Other

    Other facts
    • Listing terms: Cash to New Loan,Conventional
    Services availability
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    Estimated market value

    $1,216,800