561 W 12th Street, San Pedro, CA 90731

$999,000
List Price
$999,000
Status
ACTIVE
MLS#
PW22135338
Year Built
1925
Lot Size
5,000
Acres
0.1148
Lot Location
Yard
Days on Market
15
Property Type
Multifamily
Property Sub Type
Triplex

Property Description

Cash Cow Triplex with additional 4th unit near Plaza Park in San Pedro! The front units are both remodeled, each are 2 bed, 1 bath. The top rear unit is a large 2 bed, 1 bath, quite possibly has the size to be turned into a 3 bed, 2 bath. The bottom rear unit is converted from a very large storage room and is being used as a 4th rental unit. Plenty of parking with 4 Garages each with its own separate door. Both tenants are paying rent. Easy to maintain. Yes, there are really 6 electric meters. Mind-blowing West Harbor project being built nearby with a massive $500 million private development replacing the famous but dated Ports O’Call with 42-acres of retail and 5 times the outdoor space of the Grove. In addition, the port of Los Angeles is dropping an absurd 1 Billion dollars in redevelopment in the area over 10 years. 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!

Additional Information

Pool Description
None
Heat
Ductless, Wall Furnace
Cooling
Yes
Cooling Description
Ductless, Wall/Window Unit(s)
View
Neighborhood
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Interior Features
AllBedroomsDown, Attic
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$21,984

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Bret Lewis from Listing Office: Bret Lewis, Broker

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.