2222 S Mesa Street 22, San Pedro, California 90731, San Pedro, 90731 - 2 bed, 3 bath

2222 S Mesa Street 22, San Pedro, California 90731 home-pic-0
ACTIVE$350,000
2222 S Mesa Street 22, San Pedro, California 90731
2Beds
3Baths
1,736Sqft
58,275Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Top Cons:
Land Lease Structure: The property is subject to a land lease ($1,414/month), meaning the buyer owns the structure but not the land, which can impact long-term equity and appreciation.

Compared to the nearby listings

Price:$350.0K vs avg $702.5K ($-352,500)10%
Size:1,736 sqft vs avg 1,608.5 sqft70%
Price/sqft:$202 vs avg $45210%

More Insights

Built in 1990 (35 years old).
Condition: Built in 1990, this townhouse is well-maintained but shows its age. The kitchen features dated cabinets and countertops, and appliances are not modern stainless steel. Bathrooms also appear to have original or lightly refreshed fixtures and finishes from the 1990s or early 2000s. Flooring consists of older-style carpet and tile. While functional and clean, the property requires significant aesthetic updates to the kitchen, bathrooms, and overall interior to align with current market trends and preferences.
Year Built
1990
Close
-
List price
$350K
Original List price
$350K
Price/Sqft
$202
HOA
$482.9
Days on market
-
Sold On
-
MLS number
SB24241091
Home ConditionFair
Features
Excellent View: City Lights, Marina, Ocean, Pool
Deck
ViewCity Lights,Marina,Ocean,Pool

About this home

Welcome to your coastal retreat! This spacious 2-bedroom, 3-full bathroom, 1,736 sq. townhouse offers the thoughtfully designed living space across two levels. First features all bedrooms, with master bedroom, a spacious en-suite bathroom, plus access to a private balcony. A wide living room with cozy fireplace, perfect for entertaining, and another balcony to enjoy stunning ocean view. Side-by-side two car parking with a dedicated storage area. Additional features included an in-unit washer and dryer, and access to community EV Charging stations. Community amenities include pool and fitness center. Nestled near the ocean, this home is minutes from local attraction like the West harbor LA(set to open next year), San Pedro Fish Market, Angus Park, and the iconic Korean Friendship Bell. Plus, enjoy easy access to dining, shopping, and more. Don't miss your chance to experience coastal living at its finest! This is a land lease $1,414/month and HOA $483/month. The land lease expires in July 31, 2050 and is tax deductible

Nearby schools

5/10
Fifteenth Street Elementary School
Public,K-50.4mi
5/10
Leland Street Elementary School
Public,K-60.9mi
3/10
Cabrillo Avenue Elementary School
Public,K-51.1mi
7/10
White Point Elementary School
Public,K-61.4mi
2/10
Barton Hill Elementary School
Public,K-61.6mi
5/10
Bandini Street Elementary School
Public,K-61.7mi
4/10
Seventh Street Elementary School
Public,K-51.8mi
7/10
South Shores/Csudh Visual And Performing Arts
Public,K-52.1mi
9/10
Park Western Place Elementary School
Public,K-52.3mi
5/10
Crestwood Street Elementary School
Public,K-62.4mi
9/10
Taper Avenue Elementary School
Public,K-52.7mi
8/10
Mira Catalina Elementary School
Public,K-53.0mi
4/10
Hawaiian Avenue Elementary School
Public,K-53.6mi
6/10
Eshelman Avenue Elementary School
Public,K-54.7mi
6/10
Harbor City Elementary School
Public,K-54.9mi
4/10
Richard Henry Dana Middle School
Public,6-80.7mi
8/10
Miraleste Intermediate School
Public,6-83.0mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,6-83.4mi
6/10
Alexander Fleming Middle School
Public,6-85.0mi
4/10
Hudson K-8
Public,K-86.4mi
6/10
San Pedro Senior High School
Public,9-120.9mi
5/10
Phineas Banning Senior High School
Public,9-125.0mi
5/10
Nathaniel Narbonne Senior High School
Public,9-125.7mi
3/10
Cabrillo High School
Public,9-126.3mi
10/10
Palos Verdes Peninsula High School
Public,9-126.4mi
8/10
Palos Verdes High School
Public,9-128.7mi

Price History

Date
Event
Price
08/08/19
Sold
$240,000
Condition Rating
Fair

Built in 1990, this townhouse is well-maintained but shows its age. The kitchen features dated cabinets and countertops, and appliances are not modern stainless steel. Bathrooms also appear to have original or lightly refreshed fixtures and finishes from the 1990s or early 2000s. Flooring consists of older-style carpet and tile. While functional and clean, the property requires significant aesthetic updates to the kitchen, bathrooms, and overall interior to align with current market trends and preferences.
Pros & Cons

Pros

Great Schools: Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Ocean Views & Private Balconies: The property offers stunning ocean views from a balcony off the living room, and the master bedroom includes its own private balcony, enhancing the coastal living experience.
Generous Living Space: With 1,736 sq. ft., 2 bedrooms, and 3 full bathrooms spread across two levels, the townhouse provides a spacious and comfortable layout for residents.
Desirable Community Amenities: Residents benefit from access to a community pool, fitness center, and convenient EV charging stations, adding significant value and modern convenience.
Strategic Coastal Location: Nestled near the ocean, the home is minutes from local attractions like the upcoming West Harbor LA, San Pedro Fish Market, and offers easy access to dining and shopping.
Practical In-Unit Features: The townhouse includes an in-unit washer and dryer, along with side-by-side two-car parking and a dedicated storage area, providing essential convenience.

Cons

Land Lease Structure: The property is subject to a land lease ($1,414/month), meaning the buyer owns the structure but not the land, which can impact long-term equity and appreciation.
Limited Lease Term Remaining: The land lease expires in July 2050 (approximately 26 years), which can create challenges for financing, resale value, and future planning as the term shortens.
High Combined Monthly Costs: The total monthly outlay of $1,897 ($1,414 land lease + $483 HOA) is a substantial ongoing expense, potentially affecting affordability and investment returns.

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