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$ 750,000
Est. payment | /mo
4 Beds
1,596 SqFt
$ 750,000
Est. payment | /mo
4 Beds
1,596 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,596 sqft
Price per Sqft $469
MLS Listing ID CRSB24127790
Bedrooms 4
HOA Y/N No
Year Built 1948
Lot Size 4,986 Sqft
Acres 0.11
Property 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.
Location
State CA
County Los Angeles
Area Listing
Zoning LAR2
Interior
Fireplace No
Laundry No Hookups
Exterior
Total Parking Spaces 3
Building
Lot Description Other
New Construction No
Others
Tax ID 7456008005
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Olga Wright • Lyon Stahl Investment Real Estate, Inc.
GET MORE INFORMATION
Kenneth Jamaca
Managing Broker | REALTOR | License ID: 02080040
+1(925) 413-1849 | kenneth@jcastlegroup.com