$999,000

1309 S Mesa Street, San Pedro, CA 90731

  • 5 beds |
  • 7 baths |
  • 4,102 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1912
  • Property Lot Size Icon4,500sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $244/sqft
  • Property List Date Icon Listed 24 days ago

Property 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 and dining hotspots, and 22nd Street Park, it combines unparalleled convenience with an exceptional lifestyle. San Pedro, one of Los Angeles' most promising emerging beach communities, seamlessly blends historic allure with dynamic growth potential, making this property a compelling opportunity for savvy investors seeking long term returns and appreciation!

Listing Status:
Active
Date Added:
January 14, 2026
Data Last Updated:
February 7, 2026 at 10:19PM
Listing Office:
Global Platinum Properties, Inc. : 424-394-1030
Listing Agent:
Armin Soleimani : 310-666-2246
MLS ID:
26638163
  • Parking: On StreetParking spaces: 0
  • General: 2
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LARD1.57456015028
  • Source: CRMLS_CL

Presented by Veterans United Realty

This listing courtesy of Armin Soleimani , Global Platinum Properties, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

1

15th Street Elementary School

1527 S Mesa St, San Pedro, CA, 90731

Grades KG-5

0.13 miles away

D

Dana Middle School

1501 S Cabrillo Ave, San Pedro, CA, 90731

Grades 6-8

0.54 miles away

S

San Pedro High School

1001 W 15th St, San Pedro, CA, 90731

Grades 9-12

0.79 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.