902 S Mesa Street San Pedro, CA $ 1,095,000
902 S Mesa Street
$ 1,095,000
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902 S Mesa Street

San Pedro, CA, 90731
$ 1,095,000
Baths2.0 Sq 4,402

Monthly Estimate*

$ 6,831

Listed by Buckingham Investments, Inc
902 S Mesa Street, San Pedro, CA 90731 - Image 1
902 S Mesa Street, San Pedro, CA 90731 - Image 2
902 S Mesa Street, San Pedro, CA 90731 - Image 3
902 S Mesa Street, San Pedro, CA 90731 - Image 4
902 S Mesa Street, San Pedro, CA 90731 - Image 5
902 S Mesa Street, San Pedro, CA 90731 - Image 6
902 S Mesa Street, San Pedro, CA 90731 - Image 7
902 S Mesa Street, San Pedro, CA 90731 - Image 8
902 S Mesa Street, San Pedro, CA 90731 - Image 9
902 S Mesa Street, San Pedro, CA 90731 - Image 10
902 S Mesa Street, San Pedro, CA 90731 - Image 11
902 S Mesa Street, San Pedro, CA 90731 - Image 12
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Studio

Multi-Family Home for sale in San Pedro, CA

for $1,095,000 with 2 full baths. This 4,402 square foot home was built in 1919 on a lot size of 0.2301.

Huge 4 unit property 2 blocks outside of Downtown San Pedro on 10,000 square feet of buildable land and a 26% upside to rents. Four 3 bed units, 1 with 2 baths and 3 with 1 bath averaging 1100 square feet each. Existing building is situated on one side of a huge flat 10,000 square foot corner lot with access on three sides from streets and alley. Potential for sizable new construction ADUs on this lot in addition to the existing structure. Very well priced at only $249/sq ft and 12.6X GRM on actual rents with a 26% upside to a market GRM of 10 and cap rate of 5.7% before any ADUs. One unit recently renovated and re-leased at $2350 in 2025. Separately metered for electricity and gas. Tons of space for parking Only 2 blocks from the massive 42 acre West Harbor LA Waterfront development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026. 2 blocks from Downtown San Pedro with art galleries, restaurants, boutiques, and other retail Only a few blocks from Cabrillo Marina and Cabrillo Beach.

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Multi-Family Contingent

Price

$ 1,095,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2301

Year Built

1919

Town/City

San Pedro

County/Region

Los Angeles

MLS | Web ID

SB25233743

Days on Market

99

Features
General
Sewer Public Sewer
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1919
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 86784
Community Features Suburban
County Los Angeles
Net Operating Income 43161
Operating Expense 39283
Insurance Expense 5503
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 4122
Garage Y/N false
Special Listing Conditions Standard
Status Active Under Contract
Directions SE Corner of 9th St and Mesa St
City San Pedro
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 10
Number Of Units Total 4
MLS Area 185 - Plaza
Lot Size Units Square Feet
Lot Size Square Feet 10024
Carport Spaces 0
Number of Units Leased 4
Listing Terms Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 0
Water Sewer Expense 8973
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Assessor
Tax Lot 2
Total Actual Rent 7232
Property Sub Type Additional Quadruplex
Taxes 13688
Cap Rate 10
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Laundry Features None
Entry Level 1
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Exterior
Parking Features Gravel
Lot Features Rectangular Lot
Water Source Public
Total Parking 10
Lot Size Area 10024
Number of Buildings 1
Building Area Total 4402
Lot Size Acres 0.2301
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Buckingham Investments, Inc

Broker

Anthony.walker@buckinghaminvestments.com

Email

Affordability Calculator

$6,831
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,831
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,095,000 Listed Price

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902 S Mesa Street, San Pedro, CA, 90731 is a Multi-Family Home for sale at $1,095,000 with 4,402 sqft and a lot size of 0.2301. 902 S Mesa Street is a studio with 2.0 baths and was built in 1919. The property's zip code is 90731 which is in San Pedro, CA