Closed
$1,205,000
Sold For
2,848
SqFt
2,848
SqFt

1035 W 12th Street

San Pedro, California CA90731-3975

Here's your opportunity to jump on a fantastic bread & butter 4-unit income-producing property in Vista Del Oro! With 2 of the 4 units being DELIVERED VACANT, explore endless opportunities to buy as an owner-occupant or investment property while maximizing rents. The two rear units feature 2 bedrooms & 1 bath with interior laundry hook ups. Front units feature 1 bedroom & 1 bath with interior laundry hook ups and upgraded windows. Extended driveway leads to the rear which includes 4 garage spaces (2- 1 car and 1-2 car garage) with additional space for parking. Each unit has it's own electric and gas meter while the owner covers water (one water meter). This prime neighborhood is centrally located and just a few blocks from shopping, local schools, transportation, and restaurants. With the redevelopment of the LA Waterfront on its way, it's a great time to invest/buy in San Pedro! *NOTE: Potential Proforma is approx.$7,100/mo and $85,200 annually.

About This Property

Listing IDPV21243125
Sold For$1,205,000
Price/SqFt$423.10
StatusClosed
Sold Date1/14/2022
SqFt 2,848
Acres 0.140
CountyLos Angeles
Year Built1956
Property TypeResidential Income
Property Sub TypeQuadruplex
County Los Angeles
Price/SqFt 423.1
Property Sub Type Quadruplex
Property Type Residential Income
Year Built 1956
Zoning LARD2
Appliances yes
Appliances Disposal, Gas Water Heater, Water Heater
Average 1 Bed Area Units Square Feet
Average 2 Bed Area Units Square Feet
Average 3 Bed Area Units Square Feet
Average Studio Area Units Square Feet
Building Area Units Square Feet
Common Walls 2+ Common Walls
Cooling no
Cooling Type None
Fireplace no
Fireplace Features None
Flooring Laminate
Garage Spaces 4
Heating yes
Heating Type Wall Furnace
Interior Features Balcony, Tile Counters
Laundry yes
Laundry Features Gas & Electric Dryer Hookup, Inside
Levels Two
Room Type Laundry, Living Room
Spa no
Spa Features None
Stories Total 2
Architectural Style Custom Built
Construction Materials Stucco
Electric Standard
Fence yes
Fencing Block
Lot Features 0-1 Unit/Acre, Level with Street, Park Nearby, Yard
Lot Size Area 6091
Lot Size Source Public Records
Lot Size Square Feet 6091
Number Of Buildings 1
Parking yes
Parking Features Detached Carport, Driveway, Concrete
Parking Total 4
Pool Features None
Private Pool no
Property Attached yes
Road Frontage Type City Street
Road Surface Type Maintained, Paved
Roof Composition
Sewer Public Sewer
View yes
View Type City Lights, Neighborhood
Water Source Public
Waterfront Features Marina in Community
Window Features Blinds, Double Pane Windows
Country US
Elevation Units Feet
MLS Area Major 183 - Vista Del Oro
Additional Parcels no
Association no
Co List Agent State License 01897455
Co List Office State License 01501084
Community Features Curbs, Gutters, Sidewalks, Street Lights
Days On Market 10
List Agent State License 01381971
List Office State License 01385864
Lot Size Units Square Feet
New Construction no
Number Of Separate Electric Meters 4
Number Of Separate Gas Meters 4
Number Of Separate Water Meters 1
Number Of Units Leased 2
Number Of Units Total 4
Parcel Number 7458017018
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Senior Community no
Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Year Built Source Appraiser
Land Lease no
Price Per Unit 300000
Rent Control yes
Special Listing Conditions Standard
Tax Area 14
Tax Block 11
Tax Census Tract 2969.02
Tax Lot 17
Tenant Pays Cable TV, Electricity, Gas
Total Actual Rent 2000

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Listed by: Michael Harper, DRE #01381971 from Keller Williams Palos Verdes 310-544-6100
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