1224 S Mesa Street, San Pedro, CA 90731

SELLER FINANCING AVAILABLE WITH 35% DOWN. We are excited to present our latest exclusive listing in San Pedro. This 5-unit multifamily property is conveniently located just three blocks from Ports O’ Call Village and minutes from Cabrillo Marina. Seller financing is available, with over 9 years remaining on the current note, offering an interest-only rate of 5.5%and no assumption fee. The property features spacious units, including three1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units. Well maintained over the years, the property offers a 5.15% CAP rate based on current income, with a pro forma CAP rate of 9.63%. The property also presents an estimated 65% upside in rents. It is individually metered for gas and electricity, and each unit includes washer/dryer hookups. The property is primarily equipped with copper plumbing and individual water heaters. Three garages at the rear provide potential for additional income or conversion into an ADU. For more details, please contact the listing agents.