1309 S Mesa St, San Pedro, CA 90731

Description

This exceptional 7-Unit property represents a rare investment opportunity with outstanding rental income potential. Currently delivering a robust cap rate of over 4.7%, it stands out as a prime addition to any portfolio. Built in 1912, this historic asset encompasses 4,102 square feet of thoughtfully designed living space, situated on a generous 4,500-square-foot lot with convenient alley access. The property features two charming, well-maintained 2-bedroom, 1-bath units alongside five inviting studio apartments, offering a diverse and flexible rental mix. Perfectly positioned within strolling distance to the vibrant Main Channel Waterfront, South Pacific Avenue's retail ...