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.
Property Details
Price:
$750,000
MLS #:
SB24127790
Status:
Active
Baths:
0
Address:
467 W 12th Street
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
185plaza
City:
San Pedro
Listed Date:
Jun 24, 2024
State:
CA
ZIP:
90731
Lot Size:
4,986 sqft / 0.11 acres (approx)
Year Built:
1948
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Schools
Interior
Exterior
Community Features
Sidewalks, Street Lights, Urban
Garage Spaces
3.00
Lot Features
Walkstreet
Parking Features
Garage Faces Rear
Parking Spots
3.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Tenant Pays
Electricity, Gas, Trash Collection
Map
Community
- Address467 W 12th Street San Pedro CA
- Area185 – Plaza
- CitySan Pedro
- CountyLos Angeles
- Zip Code90731
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Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
467 W 12th Street
San Pedro, CA
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