Seller Financing Available: $716,000 at 5.5% Interest-Only, Fixed for 9 Years. No assumption fee or prepayment penalty, providing are and flexible financing structure for investors. The property consists of (2) 2 Bed / 1 Bath and (3) 1 Bed / 1 Bath units. Each unit is individually metered for gas and electricity and features washer/dryer hookups, copper plumbing, and individual water heaters. Kitchens and bathrooms are finished with tile flooring and showers, while the two upstairs units enjoy a harbor-facing balcony and a carpeted entry staircase.Three garages are located at the rear of the property (3x rented at $175 each), providing additional income potential or the option for ADU conversion. Well maintained and located in a residential neighborhood, the property offers strong cash flow with long-term upside supported by below-market operating expenses.
Sold for $975,000
$975,000
1224 S Mesa St, San Pedro, CA 90731
4beds
5baths
3,559sqft
Multi Family
Built in 1922
-- sqft lot
$-- Zestimate®
$274/sqft
$4,724 Estimated rent
Home value
Not available
Estimated sales range
Not available
$4,724/mo
Zestimate® history
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List your homeWhat's special
Harbor-facing balconyTile flooringCarpeted entry staircaseCopper plumbingIndividual water heaters
Zillow last checked:
Listing updated:
Listed by:
Chase Simonton DRE # 01766871 310-383-5927,
RE/MAX One 818-366-3300
Bought with:
Chase Simonton, DRE # 01766871
RE/MAX One
Source: CLAW,MLS#: 25589019
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
Heating
- None
Cooling
- None
Interior area
- Total structure area: 3,559
- Total interior livable area: 3,559 sqft
Property
Parking
- Total spaces: 3
- Parking features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,013 Square Feet
Details
- Additional structures: None
- Parcel number: 7456009025
- Zoning: LARD1.5
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1922
Community & HOA
Location
- Region: San Pedro
Financial & listing details
- Price per square foot: $274/sqft
- Tax assessed value: $801,232
- Annual tax amount: $11,539
- Date on market: 9/8/2025
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2025 | Sold | $975,000-9.3%$274/sqft |
Source:  CLAW #25589019 Report a problem | ||
| 9/8/2025 | Listed for sale | $1,075,000-2.3%$302/sqft |
Source: CLAW #25589019 Report a problem | ||
| 5/1/2025 | Listing removed | $1,100,000$309/sqft |
Source: CLAW #25494855 Report a problem | ||
| 3/4/2025 | Price change | $1,100,000-2.2%$309/sqft |
Source: CLAW #25494855 Report a problem | ||
| 2/18/2025 | Price change | $1,125,000-5.9%$316/sqft |
Source: CLAW #25494855 Report a problem | ||
| 2/5/2025 | Listed for sale | $1,195,000+33.5%$336/sqft |
Source: CLAW #25494855 Report a problem | ||
| 12/27/2024 | Sold | $895,000$251/sqft |
Source: CLAW #24-465415 Report a problem | ||
| 12/10/2024 | Contingent | $895,000$251/sqft |
Source: CLAW #24-465415 Report a problem | ||
| 11/20/2024 | Listed for sale | $895,000+452.5%$251/sqft |
Source: CLAW #24-465415 Report a problem | ||
| 12/22/2019 | Listing removed | $1,200 |
Source: Zillow Rental Manager Report a problem | ||
| 11/14/2019 | Price change | $1,200-7.3% |
Source: Zillow Rental Manager Report a problem | ||
| 9/16/2019 | Listed for rent | $1,295 |
Source: Zillow Rental Manager Report a problem | ||
| 7/1/1994 | Sold | $162,000-36.8%$46/sqft |
Source: Public Record Report a problem | ||
| 2/4/1994 | Sold | $256,465$72/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,539 +10.4% | $895,000 +11.7% |
| 2024 | $10,454 +1.9% | $801,232 +2% |
| 2023 | $10,263 +4.6% | $785,523 +2% |
| 2022 | $9,810 +1.3% | $770,122 +2% |
| 2021 | $9,680 -0.9% | $755,023 +1% |
| 2020 | $9,770 | $747,282 +2% |
| 2019 | $9,770 +4.9% | $732,630 +2% |
| 2018 | $9,316 | $718,266 +2% |
| 2017 | $9,316 +2.6% | $704,183 +2% |
| 2016 | $9,077 +2.6% | $690,376 +1.5% |
| 2015 | $8,851 +1.2% | $680,006 +2% |
| 2014 | $8,748 | $666,687 +5.3% |
| 2010 | -- | $633,139 -0.2% |
| 2009 | -- | $634,644 +2% |
| 2008 | -- | $622,200 +2% |
| 2007 | -- | $610,000 +65.4% |
| 2005 | -- | $368,734 +27.1% |
| 2002 | -- | $290,000 -11.5% |
| 2000 | -- | $327,857 |
Find assessor info on the county website
Neighborhood: San Pedro
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Nearby schools
GreatSchools rating
- 4/10Fifteenth Street Elementary SchoolGrades: K-5Distance: 0.2 mi
- 4/10Richard Henry Dana Middle SchoolGrades: 6-8Distance: 0.6 mi
- 7/10San Pedro Senior High SchoolGrades: 9-12Distance: 0.8 mi
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- California
- Los Angeles County
- Los Angeles
- 90731
- San Pedro
- 1224 S Mesa St
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