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.
MLS #
CRSB25233743
MLS Source
California Regional MLS
Days on Site
60
Laundry
None
Pool
None
Garage/Parking
Other, Garage: 0 Car(s)
HOA Fee
$0
Listing Agent
Anthony Walker
Buckingham Investments, Inc
License #: 01908153
Phone: (310) 982-7055
Co-Listing Agent
Josh Ess
Buckingham Investments, Inc
License #: 02035659
Phone: (310) 982-7055
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 4 |
902 S Mesa St is a Residential Income in San Pedro, CA 90731. This – square foot property sits on a 10,024 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,095,000 and was built in 1919. This address can also be written as 902 S Mesa St, San Pedro, CA 90731.
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This listing information is up-to-date as of November 24, 2025. For the most current information, please contact Anthony Walker, (310) 982-7055