$1,075,000

1224 S Mesa St San Pedro, CA 90731

Estimated payment $6,802/month

Total Views 752
4 Beds
5 Baths
3,559 Sq Ft
$302 Price per Sq Ft

About This Home

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.

Listing Agent

Chase Simonton

RE/MAX One License #01766871 Listed on: 09/08/2025

RE/MAX One

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 5,014 Sq Ft Lot

Parking

  • 3 Parking Spaces

Interior Spaces

  • 3,559 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 7456-009-025

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3559
  • Lot Acreage: 0.1151
  • Stories: 2
  • Year Built: 1922
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 302.05

Exterior Features

  • Other Structures: None

Garage/Parking

  • Total Parking: 3

Lot Info

  • Assessed Improvement Percent: 34.43
  • Assessed Improvement Value: 275833
  • Assessed Land Percent: 65.57
  • Assessed Land Value: 525399
  • Total Assessed Value: 801232
  • Assessor Parcel Number: 7456-009-025
  • Lot Size Area: 5014

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 11.87
  • Number Of Units: 5
  • Total Annual Expense: 30855
  • Type Of Units: 5
  • Vacancy Rate: 0

Map

Range of Values:

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 For Sale $1,075,000 +20.1% $302 / Sq Ft
12/27/2024 12/27/24 Sold $895,000 0.0% $251 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
11/18/2024 11/18/24 For Sale $895,000 -- $251 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25589019

The MLS
California Los Angeles County San Pedro 90731

1224 S Mesa St, San Pedro, CA

This home is located at 1224 S Mesa St, San Pedro, CA 90731 and is currently priced at $1,075,000, approximately $302 per square foot. This property was built in 1922. 1224 S Mesa St is a home located in Los Angeles County with nearby schools including Fifteenth Street Elementary School, Dana Middle School, and San Pedro Senior High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Chase Simonton
Listing Agent
Chase Simonton
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RE/MAX One
(310) 626-1469