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.
MLS #
CRSB24127790
MLS Source
California Regional MLS
Days on Site
183
Laundry
None
Pool
None
Garage/Parking
Garage, Garage: 3 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | 3 |
467 W 12th St is a Triplex in San Pedro, CA 90731. This – square foot property sits on a 4,986 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $750,000 and was built in 1948.
This address can also be written as 467 W 12th St, San Pedro, CA 90731.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of December 12, 2024. For the most current information, please contact Olga Wright, (310) 606-2076