467 W 12th Street Active

San Pedro (los Angeles),CA 90731

$ 750000

- Bed

- Bath

1596 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,596 sqft

Price per Sqft $469

MLS Listing ID CRSB24127790

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1948

Lot Size 4,986 Sqft

Property Description

Exceptional value-add investment opportunity at 467 W 12th Street, a well-maintained 3plex with brand new roof (replaced in 2024), new fence, fresh exterior paint, security cameras. One unit was fully remodeled in 2017; others had new bathrooms, new wall heaters and were meticulously maintained over the years. The property features an ideal unit mix of two 1 Bedroom 1 Bath Units and one 2 Bedroom 1 Bath with Laundry room. 3 Garages in the rear of the property can be converted into an ADU (buyer to verify). Currently 2 garages are rented at $150/mo. each; 1 garage is owners’. ***Tenants pay their own gas, electric and trash; landlord only pays for the DWP Water service. ***Property is located in a high-demand rental neighborhood of San Pedro close to the new Waterfront development as well as shopping, dining and public transportation. This is an ideal property for investors looking for a high-potential asses with substantial upside in a location where property values continue to appreciate due to the new $170M Waterfront development poised for completion in 2025.

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry No Hookups

Building

Lot Description Other

Water Public

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