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ResidentialIncome — 1625 S Mesa, San Pedro, CA

$849,000

1625 S Mesa, San Pedro, CA

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About this property

Fantastic triplex in the heart of San Pedro featuring ONE VACANT UNIT, presenting an ideal opportunity for an owner-occupant or investor alike. Live in one unit while collecting rental income, or lease the vacant unit at market rent to maximize returns. This property offers a great unit mix, highlighted by a spacious front home featuring three bedrooms, two bathrooms, and indoor laundry. The rear units consist of two studio apartments situated above the garages, including one being FULLY RENOVATED. The occupied units provide solid income with additional long-term rental upside. Additional features include four single garages (two will be vacant) with the possibility of adding future value through an Accessory Dwelling Unit (ADU) conversion, which would generate more income. Located just blocks from the vibrant downtown area and the exciting San Pedro waterfront redevelopment (West Harbor), this well-positioned asset offers a compelling combination of stable income, future appreciation, and value-add potential. Reach out today for additional information or to schedule a showing!

Property details

Year built
1962
Property type
ResidentialIncome

Location

1625 S Mesa • San Pedro, CA 90731

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Listed by

Peter Hazdovac · HH Coastal Real Estate