467 W 12Th Street
San Pedro, CA 90731
$85,000.00 (-10.18%)
Active for $750,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 4,986 sqft
| MLS | SB24127790 |
| Year Built | 1948 |
| Property Type | Triplex |
| County | Los Angeles |
| Status | Active |
| Active | $750,000 |
| Structure Size | N/A sqft |
| Lot Size | 4,986 sqft |
| Beds | N/A |
| Baths | N/A |
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.
Listing information courtesy of: Olga Wright, Lyon Stahl Investment Real Estate, Inc. 310 606 2076. *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Phil Garcia
REALTOR®
Direct: 661.406.6077
Email: Email Me
DRE: 01041136
DRE #01873088
.png){kind=small}