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561 W 12th Street

San Pedro, CA 90731
  • $1,089,000
  • STATUS: Pending
  • ON SITE: 20 Days
  • ID#: PW23170856
Pending
UPDATED: 231 min ago
$1,089,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1925
County:
Area:

School Ratings & Info

Listing Agent(s): Bret Lewis of Bret Lewis, Broker (562-726-2515)


Description

Remodeled cash cow triplex with 4th non-permitted unit located near Plaza Park in San Pedro.! Unit mix includes 3 bedroom, 2 bedroom, 1 bedroom with office, and studio. Each unit has its own garage for a total of 4. 6 total electric meters and 4 gas meters. The astonishing West Harbor project is being built nearby with a massive $500 million private development replacing the famous but dated Ports OCall with 42-acres of retail and 5 times the outdoor space of the Grove. In addition, the port of Los Angeles is spending 1 billion dollars in redevelopment for the area over a 10 year period. Real estate in this area feels reminiscent of Inglewood and its SoFi Stadium project, but perhaps even more grand. This is now the place to be to get in early!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/143328395
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561 W 12th Street San Pedro, CA 90731

  • Price: $1,089,000
  • Status: Pending
  • On Site: 20 Days
  • Updated: 231 min ago
  • ID#: PW23170856
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1925
Built
Neighborhood:
185 - Plaza
County:
Los Angeles
Area:
185 - Plaza
Property Description
Remodeled cash cow triplex with 4th non-permitted unit located near Plaza Park in San Pedro.! Unit mix includes 3 bedroom, 2 bedroom, 1 bedroom with office, and studio. Each unit has its own garage for a total of 4. 6 total electric meters and 4 gas meters. The astonishing West Harbor project is being built nearby with a massive $500 million private development replacing the famous but dated Ports OCall with 42-acres of retail and 5 times the outdoor space of the Grove. In addition, the port of Los Angeles is spending 1 billion dollars in redevelopment for the area over a 10 year period. Real estate in this area feels reminiscent of Inglewood and its SoFi Stadium project, but perhaps even more grand. This is now the place to be to get in early!
Exterior Features

Entry Level 1 Entry Location Front Or Rear Lot Features Yard Number Of Separate Electric Meters 6 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Common Walls No Common Walls Cooling DuctlessWall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Heating DuctlessWall Furnace Heating YN Yes Interior Features All Bedrooms DownAttic

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Urban Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 99900 Gross Scheduled Income 99900 Insurance Expense 0 Land Lease YN No Laundry Features Washer HookupLaundry Room Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 ExchangeFhaVa Loan Net Operating Income 99900 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 0 Property Condition Updated/RemodeledTurnkey Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Bret Lewis of Bret Lewis, Broker (562-726-2515)