Skip To Content

    382 W 12th Street

    San Pedro, CA 90731
    • $976,000
    • STATUS: Active Under Contract
    • ON SITE: 114 days
    • ID#: PW20249607
    Under Contract
    UPDATED: 61 min ago
    $976,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,354
      SQFT
    • $415
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    Excellent property, well maintained and managed. Property consists of 5 units, three buildings. First building is a 2x1 house with front porch and backyard. Second building is a duplex with 2-2x1 units. Third building is a duplex with two singles. Each unit has a private front deck (average 100-150 sq. ft.) and four units have laundry hook-ups. All units have separate front and back door entries. Property has secure fencing and entry gates. This is a low maintenance property with low expenses. Tenants pay their own gas, electricity and trash. Property is near Ports O' Call, Downtown and Marina. There is easy access to freeways; cross the St. Vincent Thomas bridge and you have access to Long Beach Convention Center, Pine Street and Waterfront Restaurants. Property is located in a strong rental area. Responsible paying tenants occupy this building and continue to pay rent as agreed even during this COVID 19 pandemic. This asset is positioned to take advantage of the ongoing revitalization of Downtown San Pedro and Enhancement of the Waterfront. All Lateral plumbing pipes are copper. All vertical plumbing pipes copper with exception of unit 382 bathroom and unit 384 1/2 bathroom and laundry room. Owner will cooperate with 1031 exchanges. House new roof March 2020.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-24T22:27:30.467. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
    www.twissrealty.com/homes/115642005
    Print Image

    382 W 12th Street San Pedro, CA 90731

    • Price: $976,000
    • Status: Active Under Contract
    • Updated: 61 min ago
    • ID#: PW20249607
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,354
    SQFT
    $415
    $/SQFT
    1924
    Built
    Neighborhood:
    193 - San Pedro - North
    County:
    Los Angeles
    Area:
    193 - San Pedro - North
    Property Description
    Excellent property, well maintained and managed. Property consists of 5 units, three buildings. First building is a 2x1 house with front porch and backyard. Second building is a duplex with 2-2x1 units. Third building is a duplex with two singles. Each unit has a private front deck (average 100-150 sq. ft.) and four units have laundry hook-ups. All units have separate front and back door entries. Property has secure fencing and entry gates. This is a low maintenance property with low expenses. Tenants pay their own gas, electricity and trash. Property is near Ports O' Call, Downtown and Marina. There is easy access to freeways; cross the St. Vincent Thomas bridge and you have access to Long Beach Convention Center, Pine Street and Waterfront Restaurants. Property is located in a strong rental area. Responsible paying tenants occupy this building and continue to pay rent as agreed even during this COVID 19 pandemic. This asset is positioned to take advantage of the ongoing revitalization of Downtown San Pedro and Enhancement of the Waterfront. All Lateral plumbing pipes are copper. All vertical plumbing pipes copper with exception of unit 382 bathroom and unit 384 1/2 bathroom and laundry room. Owner will cooperate with 1031 exchanges. House new roof March 2020.
    Exterior Features

    Fencing BlockSecurityWrought Iron Lot Features 0-1 Unit/AcreBack YardLandscapedRectangular LotStreet Level Number Of Separate Electric Meters 5 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Composition

    Interior Features

    Accessibility Features None Appliances Exhaust FanGas CooktopGas OvenGas RangeGas Water HeaterWater Purifier Common Walls 1 Common Wall Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Flooring CarpetLaminate Interior Features Ceiling Fan(S)UnfurnishedAll Bedrooms Down

    Property Features

    Additional Parcels YN No Cap Rate 5.2 Common Interest None Community Features CurbsSidewalks Garage YN No Gross Income 74028 Gross Scheduled Income 74028 Insurance Expense 1850 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan1031 Exchange Net Operating Income 51037 New Construction YN No New Taxes Expense 10736 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 5 Operating Expense 20771 Other Expense 684 Rent Control YN Yes Security Features Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasTrash Collection Total Actual Rent 6169 Trash Expense 0 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance 2220 Vacancy Allowance Rate 3 Water Sewer Expense 2473 Water Source Public Zoning Lar2

    Listing provided courtesy of Lou Meza of The Real Estate Store Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-24T22:27:30.467. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364999504-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364999504-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364999504-1.jpg
    Logo
    Twiss Realty
    5071-A Cole Road
    Mariposa CA, 95338