Commercial For Sale | Multifamily | Apartment building / Low Rise / Garden Style / 1-3 stories high

1309 South Mesa Street . San Pedro , CA 90731

Potential of 150% rental upside! Coming Soon - 7 Units in San Pedro, California. For more information contact the listing agent Armin Soleimani arminsoleimani@gmail.com 310 666-2246

Posted: 03/06/2021 5:25 pm | On HOMEiZ: 1139 days | Updated: 2 years ago | Views: 1137 | Saved to favorites: 1

Location Map

Property Type

Sold

Property Price

$995000
$995000
08/24/2021
4,500.00 Sq. Ft.
$243
3.12%
$0
$31044
17.71
1.25%
$12438

Property Location & Description

Potential of 150% rental upside! Coming Soon - 7 Units in San Pedro, California. For more information contact the listing agent Armin Soleimani arminsoleimani@gmail.com 310 666-2246
Rent Control
The subject property was built in 1912 and consists of 4,102 SF of living space situated on a 4,500 SF lot. The said offering features a unit mix consisting of (2) 2-bed/1-bath and (5) studio units. . With over 100% in upside rent potential, this property is an ideal value-add opportunity for any investor.
The property is located within walking distance to the Main Channel Waterfront, S Pacific Ave Retail & Dining, and 22nd Street Park.
7
$142143
No.
Description
No. Units
Sq. Ft.
Avg. Mo. Rent
1.
0+1 (Studio)  
4 
 
$561
2.
2+1 
2 
 
$817
3.
1+1 
1 
 
$806
4.
 
 
 
5.
 
 
 
745-6015-028
LARD1.5
100%
2
1912
Good
Priced at just over $140k per door.
Priced at $240 per square foot
Potential of 150% rental upside

Property Information

Sewer

Sewer System (Public)

Parking

On-street
Assigned Parking
10

Investment Overview

Energy Efficiency

No
No Data
N/A
N/A
No
No
No
No

Neighborhood lifestyle

Urban Core

More information

http://www.globalmajorproperties.com/author/armin/

Listing Info

Listing ID: 2650
Sold

For Sale

$995,000

Listing Presented by

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