This exceptional 7-unit property offers a rare opportunity to own a well-located, vintage San Pedro asset with compelling in-place performance and long-term upside. Built in 1912 and spanning approximately 4,102 square feet on a 4,500-square-foot lot with alley access, the property delivers a flexible unit mix of two well-maintained 2-bedroom/1-bath residences and five inviting studios, ideal for broad tenant demand and diversified cash flow. Currently producing a cap rate of over 4.5%, it stands out as a prime addition to any investment portfolio. Enjoy a true walk-to lifestyle just moments from the Main Channel Waterfront, South Pacific Avenue’s popular shops and restaurants, and nearby parks positioned in one of Los Angeles’ most promising emerging beach communities.
Property Details
Price:
$999,000
MLS #:
26638163
Status:
Active
Beds:
5
Baths:
7
Type:
Single Family
Neighborhood:
185plaza
Listed Date:
Jan 14, 2026
Finished Sq Ft:
4,102
Total Sq Ft:
4,102
Lot Size:
4,500 sqft / 0.10 acres (approx)
Year Built:
1912
See this Listing
Schools
Interior
Levels
U
Exterior
Financial
Map
Community
- Address1309 S Mesa ST San Pedro CA
- CitySan Pedro
- CountyLos Angeles
- Zip Code90731
Subdivisions in San Pedro
Market Summary
Current real estate data for Single Family in San Pedro as of Apr 15, 2026
232
Single Family Listed
85
Avg DOM
321
Avg $ / SqFt
$697,742
Avg List Price
Property Summary
- 1309 S Mesa ST San Pedro CA is a Single Family for sale in San Pedro, CA, 90731. It is listed for $999,000 and features 5 beds, 7 baths, and has approximately 4,102 square feet of living space, and was originally constructed in 1912. The current price per square foot is $244. The average price per square foot for Single Family listings in San Pedro is $321. The average listing price for Single Family in San Pedro is $697,742.
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