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1224 S Mesa St, San Pedro, CA, 90731

$895,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
5 Baths
3,559 SqFt
$251/SqFt
House

Location

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1224 S Mesa St, Los Angeles$895,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
Year Built1922
HeatingWall Furnace
CoolingNone
MLS #24465415
Lot Size0.12 Acres
StatusActive

About 1224 S Mesa St

We are pleased to present our newest exclusive listing in San Pedro. This 5-unit multifamily property is located only 3 blocks away from Ports O' Call Village and minutes from the Cabrillo Marina. The property boasts spacious units comprised of three 1 bedroom/1 bathroom and two 2 bedroom/1 bathroom units. The property has been well taken care of over the years and boasts a 5.28% CAP RATE on current income with a 10.62% proforma cap rate. Additionally, the property has an estimated 65% upside in rents. The property is individually metered for gas and electric and all units have washer/dryer hookups. The property is mainly copper plumbing and has individual water heaters. There are three garages in the rear that can used for additional income or potentially converted into an ADU. For more information, please reach out to the listing agents.

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Stories: 2
  • Living Area: 3,559 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (424) 405-3900
  • Listing Agent: Jonathan Weir

Interior Features

Interior Information:

  • Appliances: Disposal, Refrigerator

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: S Mesa St & W 13th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $895,000
  • Price Per SqFt: $251/SqFt

Tax Information:

  • Annual Amount: $9,680
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1224 S Mesa St vs Los Angeles

1 DAY ON ROCKET

-37 Days

$895,000

-$128.4K Less

$251/SqFt

-$390 Less

KEY TAKEAWAY

This property is $128.4K less than the Median Sold Price and $390/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24465415

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (424) 405-3900
  • Listing Agent: Jonathan Weir

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 29, 2006Home Sold
$595,000
Jul 01, 1994Home Sold
$162,000
Jul 13, 1990Home Sold
$360,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,680$755,023
2020$9,405$747,282
2019$9,316$732,630
2018$9,077$718,266
2017$9,077$704,183

History based on county public records data.

Payment Calculator

$4,534

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,750

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-167268
3
/10

  • 15th Street Elementary School

  • 1527 S Mesa St

  • 0.18 miles

  • Public District Grades KG-5

school-card-donut-167269
5
/10

  • Cabrillo Avenue Elementary School

  • 732 S Cabrillo Ave

  • 0.60 miles

  • Public District Grades KG-5

school-card-donut-167270
3
/10

  • Barton Hill Elementary School

  • 423 N Pacific Ave

  • 0.96 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,829. The majority of Los Angeles, CA residents have income less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1224 S Mesa St

What is the listing price of this property?

The listing price of 1224 S Mesa St property is $895,000.

What type of property is this?

The property 1224 S Mesa St is a house located in San Pedro, California, 90731.

Is this property for sale now?

Active Listing: 1224 S Mesa St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,680 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 29, 2006 for $595,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1224 S Mesa St has 7 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 1224 S Mesa St is 3,559 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1224 S Mesa St is 1922.

Rocket Homes›California›Los Angeles County›Los Angeles›90731›1224 S Mesa St

This home is located at 1224 S Mesa St in San Pedro, CA and zip code 90731 in the The Harbor neighborhood. This 3,559 square foot home, which was built in 1922, sits on a 0.12 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $895,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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