Address: |
view address San Pedro, CA 90731 Map Location |
Features: | Multi-level |
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Square Feet: | 1,596 sq.ft. | Lot Size: | 4986.0 |
Year Built: | 1948 | Property Type: | Triplex |
County: | Los Angeles | List Date: | 2024-06-26 |
Listing Number: | SB24127790 | Listed By: | Lyon Stahl Investment Real Estate, Inc. |
Listing Office: | 3108017373 | Days on market: | 82 |
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. One tenant is Section 8 and pays $1,795; Other two tenants are NOT Section 8 and pay $1,011 for 1 Bedroom and $919 for 2 Bedroom. ***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.
Laundry Features: | None | Laundry: | Yes |
Pool Features: | None |
Parking features: | Garage Faces Rear | Garage spaces: | 3 |
Community Features: | Sidewalks, Street Lights |
Sewer: | Public Sewer |
Special Listing Conditions: | Standard |
Year Built: | 1948 | Levels: | One |
Stories: | 1 |
Lot Dimensions: | 4986.0 |
Building Area total: | 1596.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.