San Pedro (los Angeles), CA 90731,2222 S Mesa Street #24
Listed by Mike Naylor • Compass
Bought with Shannyn Johnson • Jackson Properties & Associates

$320,000

$340,000

5.9%
Est.Price: ?

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Est. payment /mo

2 Beds

3 Baths

1,736 SqFt


SOLD DATE : 04/25/2025

Key Details

Sold Price $320,000

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 1,736 sqft

Price per Sqft $184

MLS Listing ID CRSB25025731

Sold Date 04/25/25

Bedrooms 2

Full Baths 3

HOA Fees $483/mo

HOA Y/N Yes

Year Built 1990

Property Sub-Type Condominium

Source Datashare California Regional

Property Description

Experience resort-style living in this spacious, updated condo with over 1,736 square feet of living space, stunning ocean views, and a premium location. This rare opportunity combines comfort, affordability, and significant tax advantages, making it a standout value in the South Bay. The home features two large bedrooms, three full bathrooms, a wide-open floor plan, dual balconies with walk-in storage, a cozy fireplace, and well-placed skylights for abundant natural light. The well-equipped kitchen overlooks the community pool, and washer/dryer hookups are conveniently located in the hallway. Included are three full-sized storage units and two side-by-side parking spaces. Resort-style amenities include an onsite fitness center, pool, and jacuzzi. What sets this condo apart is its long-term ground lease (expiring in 2050), which translates into a significantly lower purchase price. The total monthly HOA and ground lease payment is $1,896.72, offering a financial advantage when compared to a traditional property purchase. Here’s the breakdown: If you were to purchase a $560,000 condo with a comparable HOA ($483/month), your mortgage and property tax payments would result in a similar monthly cost—but you simply won’t find this much living space, ocean views, and proximity to

Location

State CA

County Los Angeles

Interior

Cooling Central Air

Fireplaces Type Living Room

Fireplace Yes

Laundry Inside

Exterior

Garage Spaces 2.0

Amenities Available Fitness Center, Pool, Spa/Hot Tub, Other

View Other

Private Pool false

Building

Story 2

Water Public

Schools

School District Los Angeles Unified

Others

HOA Fee Include Management Fee,Insurance,Maintenance Grounds

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