2222 S Mesa, San Pedro, California 90731, San Pedro, 90731 - 3 bed, 2 bath
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San Pedro, California 90731
This Completely Remodeled Waterfront Condo is a High-Potential Investment Opportunity, listed at $539,000—positioned well below the $618,441 Fair Market Value by 12%. This valuation gap offers $79,441 in Instant Equity. Boasting an Excellent Condition Rating, the residence features a chef’s kitchen with quartz countertops and unobstructed Cabrillo Marina views. Access to Taper Avenue Elementary (9/10) and Palos Verdes Peninsula High (10/10) secures long-term lifestyle appeal. This turn-key home is perfect for Owner-Occupants or lifestyle-driven buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2222 S Mesa Subject | $539,000* List Price | 3 | 2 | 1,585 | $390 | - |
A 2222 S Mesa 14 Sold | $634,000 | 3 | 3 | 2,017 | $314 | 0.0 mi |
B 2222 S Mesa St. 18 Active | $539,000 List Price | 3 | 3 | 1,928 | $280 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property has undergone a comprehensive, high-end renovation that meets the criteria for excellent condition. The interior features a completely remodeled chef's kitchen with 36-inch quartz countertops, premium Forno and Midea stainless steel appliances, and designer tile backsplashes. The bathrooms are fully modernized with contemporary vanities, backlit mirrors, and custom tile work. Throughout the home, there is new luxury ceramic tile flooring, updated LED lighting, a new electrical panel, and modern systems, making it a true turn-key residence with no deferred maintenance.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The property boasts unobstructed views of Cabrillo Marina and the Pacific Ocean, positioned perfectly to benefit from the West Harbor LA development and upcoming 2028 Olympic waterfront events.
Completely renovated with luxury finishes, including quartz countertops, Forno stainless steel appliances, and updated electrical systems, offering a modern move-in-ready experience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1585, other record living area = 1987.
The property is subject to a land lease rather than fee-simple ownership, which can complicate financing options and impact long-term equity growth compared to traditional real estate.
The immediate assigned schools, such as Cabrillo Avenue Elementary and Richard Henry Dana Middle School, carry lower ratings, which may be a concern for families prioritizing public education.
Completely remodeled from top to bottom, this stunning waterfront condo offers breathtaking Cabrillo Marina and Pacific Ocean views in one of San Pedro's most sought-after coastal positions. Every detail has been thoughtfully upgraded — from the open-concept living space with luxury ceramic tile flooring, new LED lighting, and a sleek electric fireplace, to the chef's kitchen featuring 36" quartz countertops, high-end Forno stainless steel appliances, a Midea double convertible refrigerator and dishwasher, built-in drawer microwave, and designer tile backsplash. The home also boasts a new electrical panel, luxury ceiling fans in every room, and fully modernized systems throughout — true turn-key condition inside and out. Three spacious bedrooms each come equipped with large flat-screen TVs, and a private patio delivers unobstructed marina views with the ocean breeze and passing cruise ships as your daily backdrop. Three underground parking spaces and a private storage unit round out the package. Located in the heart of San Pedro's rapidly evolving waterfront district, you're minutes from dining, marina access, and coastal attractions — with the highly anticipated West Harbor LA development, 2028 Summer Olympics waterfront events, FIFA fan experiences, and the US Space Force installation all nearby. Land lease property: the condo is owned while the land is leased, with the option to purchase at fair market value at lease end — allowing buyers to own a spacious, premium coastal home at exceptional value.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-6 • 0.9 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 73% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,585 | 1,219.5 | 77% |
| Lot Size | 58,290 | 12,880 | 77% |
| Price | $539.0K | $577.5K | 36% |
| Price per sq ft | $340 | $475 | 14% |
| Built year | 1990 | 1990 | 50% |
| HOA | $545.0 | $492 | 59% |
| Days on market | 7 | 187 | 5% |
Apr 15, 2026
$539,000
Initial Listing
Jun 1, 2021
$330,000
Public Record