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382 W 12th ST San Pedro, CA 90731
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Key Details
Sold Price $953,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,354 sqft
Price per Sqft $404
MLS Listing ID PW20249607
Sold Date 07/28/21
HOA Y/N No
Year Built 1924
Lot Size 4,791 Sqft
Acres 0.11
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.
Location
State CA
County Los Angeles
Area 185 - Plaza
Zoning LAR2
Rooms
Ensuite Laundry Washer Hookup, Gas Dryer Hookup
Interior
Interior Features Ceiling Fan(s), Unfurnished, All Bedrooms Down
Laundry Location Washer Hookup,Gas Dryer Hookup
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate
Fireplaces Type Living Room
Fireplace Yes
Appliance Exhaust Fan, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Water Purifier
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Fence Block, Security, Wrought Iron
Pool None
Community Features Curbs, Sidewalks
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Composition
Accessibility None
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Back Yard, Landscaped, Rectangular Lot, Street Level
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7456006022
Security Features Smoke Detector(s)
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Financing Trade
Special Listing Condition Standard
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Bought with MARTIN STONE • BUCKINGHAM INVESTMENTS