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561 W 12th Street

San Pedro, CA 90731
  • $999,000
  • STATUS: ACTIVE
  • ON SITE: 24 Days
  • ID#: PW22090802
UPDATED: 11 min ago
$999,000
  • 6
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

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 OCall 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! 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 OCall 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!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
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561 W 12th Street San Pedro, CA 90731

  • Price: $999,000
  • Status: ACTIVE
  • On Site: 24 Days
  • Updated: 11 min ago
  • ID#: PW22090802
6
Beds
0
Baths
0
½ Baths
0.11
Acres
Neighborhood:
San Pedro (90731)
County:
Los Angeles
Area:
San Pedro (90731)
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 OCall 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! 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 OCall 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!
Exterior Features

Pool N/K Spa N/K

Interior Features

Cooling Wall/Window Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Annual Expense Actual 0 Buildings 2 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 21984 Terms CashConventionalExchangeFhaVa Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 0.0 Unit2 Rent Actual 0.0 Unit3 Rent Actual 1107.0 Unit4 Rent Actual 725.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Bret Lewis, Broker. Listing information © 2022 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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Yarbrough Group
2445 Truxtun Rd., Ste 108
San Diego CA, 92106