2215 S Mesa St
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2215 S Mesa St
3 Unit Apartment Building $1,299,000 ($433,000/Unit) San Pedro, CA 90731
Investment Highlights
- Fully Remodeled - Turn Key Condition
- Washer/Dryers in each unit
- Walking distance to San Pedro Marina
Executive Summary
3 unit multifamily property with ADU pending approval. 2215-2219 1/2 South Mesa St San Pedro CA will be the updated address once the ADU is completed. Seller has completed plans and is in process with the City of San Pedro/Coastal Commission to finalize.
Property has been fully remodeled, electrical upgraded, sewer lines updated - turn key asset. Washer/Dryer in each unit.
Current Income:
Unit #1 - $2.090
Unit #2 - $2,500
Unit #3 - $2,900 - New Lease (June 2024)
ADU (in process) - $3,200 potential income- Stand Alone
Property has been fully remodeled, electrical upgraded, sewer lines updated - turn key asset. Washer/Dryer in each unit.
Current Income:
Unit #1 - $2.090
Unit #2 - $2,500
Unit #3 - $2,900 - New Lease (June 2024)
ADU (in process) - $3,200 potential income- Stand Alone
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $1,299,000 | Apartment Style | Low Rise |
| Price Per Unit | $433,000 | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 1,872 SF |
| No. Units | 3 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1951/2024 |
| Property Subtype | Apartment | Parking Ratio | 1.6/1,000 SF |
| Price | $1,299,000 |
| Price Per Unit | $433,000 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Lot Size | 0.11 AC |
| Building Size | 1,872 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1951/2024 |
| Parking Ratio | 1.6/1,000 SF |
Unit Amenities
- Air Conditioning
- Washer/Dryer
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 1+1 | 5 | - | - |
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Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (84)
zoning
| Zoning Code | LA RD 1.5 (LA RD 1.5) |
| LA RD 1.5 (LA RD 1.5) |
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2215 S Mesa St
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