467 W 12th Street
San Pedro, CA 90731
0.11 acres | #SB24127790
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.
Property Details
- Lot DescriptionWalkstreet
- Stories1
Measurements
- Acres0.1145
Parking
- Parking Spaces3
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1948
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$835,000
Other
- MLS #SB24127790
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Olga Wright (#SBWRIGOLG)
Listing Office: Lyon Stahl Investment Real Estate, Inc. (#SB1310620)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
