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561 W 12th Street $999,000

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    561 W 12th Street San Pedro, CA 90731

    • 0 Beds
    • 0 Baths
    • 2,672 sq. ft.
    • Multi-Family
    • MLS# PW22135338
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    Views: 4 Days On Market: 58

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    Property Details

    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!

    • General Features
      • Association Fee 0.00
      • Buyer Compensation 2.500 %
      • Community Features Urban
      • County Or Parish Los Angeles
      • Number Of Buildings 2
      • Number Of Separate Electric Meters 6
      • Number Of Separate Gas Meters 4
      • Number Of Separate Water Meters 1
      • Number Of Units Total 4
      • Property Condition Turnkey,Updated/Remodeled
      • YearBuilt 1925
    • Building Features
      • Cooling Ductless, Wall/Window Unit(s)
      • Fireplace Features None
      • Heating Ductless,Wall Furnace
      • Laundry Features Individual Room,Washer Hookup
    • Property Features
      • Lot Size Acres 0.11
      • Lot Features Yard
      • Pool Private Y/N 0
      • Pool Features None
      • View Error: ClassID in tblMLSFieldPropertyType is null.
      • Parking Total 4.00

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    Neighborhood

    90731 (San Pedro) Demographics

    38 Median Age
    3,887 Population Density (per sq. mile)
    32% College Educated
    $56,881 Estimated Median Income
    7,598 Estimated Total Home Owners
    15,245 Estimated Total Renters
    33% / 67% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    60,813 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $834,500 Median Sales Price
    20 Homes Sold
    21 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $999,000
        6/21/2022 8:04:00 PM New in Database Source: Multiple Listing Service New Value: $999,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 8/18/2022 4:05:30 AM. 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.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.