467 West 12th Street
$750,000
4
4
1,596
1,596
$470
Description
Exceptional value-add investment opportunity at 467 W 12th Street, a well-maintained 3plex with brand new roof (replaced in 2024), new fence, fresh exterior paint, security cameras. One unit was fully remodeled in 2017; others had new bathrooms, new wall heaters and were meticulously maintained over the years. The property features an ideal unit mix of two 1 Bedroom 1 Bath Units and one 2 Bedroom 1 Bath with Laundry room. 3 Garages in the rear of the property can be converted into an ADU (buyer to...Exceptional value-add investment opportunity at 467 W 12th Street, a well-maintained 3plex with brand new roof (replaced in 2024), new fence, fresh exterior paint, security cameras. One unit was fully remodeled in 2017; others had new bathrooms, new wall heaters and were meticulously maintained over the years. The property features an ideal unit mix of two 1 Bedroom 1 Bath Units and one 2 Bedroom 1 Bath with Laundry room. 3 Garages in the rear of the property can be converted into an ADU (buyer to verify). Currently 2 garages are rented at $150/mo. each; 1 garage is owners’. Tenants pay their own gas, electric and trash; landlord only pays for the DWP Water service. Property is located in a high-demand rental neighborhood of San Pedro close to the new Waterfront development as well as shopping, dining and public transportation. This is an ideal property for investors looking for a high-potential asses with substantial upside in a location where property values continue to appreciate due to the new $170M Waterfront development poised for completion in 2025.
- Listed by Olga Wright • DRE #01315042 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 3108017373
Property Details for 467 West 12th Street
Parking Spaces Total
3
Private PoolNo
Total Units3.0
Building TypeAttached
Lot Size SourceAssessor
Living Area1596
Assessor Parcel Number7456-008-005
Property Attached YNtrue
LISTING UPDATED: 12/11/2024 09:32 PM
Property Details for 467 West 12th Street
Status | Active |
---|---|
MLS # | SB24127790 |
Days on Market | 175 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1948 |
Lot Size | 0.11 AC / 4,986 SF |
County | Los Angeles County |
Building Information for 467 West 12th Street
Stories1Residences-Year Built1948Building Size-Lot Size0.11 AC / 4,986 SF
Property Information for 467 West 12th Street
Property History for 467 West 12th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 467 West 12th Street
Taxable ValueLand$663,000Additions$190,740Total$853,740
Tax Record2024$10,544 ($879 / month)
Home Facts
Total Finished SqFt1,596 SqFtAbove Grade Finished SqFt1,596 SqFtLot Size4,986 SqFtStyleTriplexYear Built1948ZoningLAR2CountyLOS ANGELESAPN7456-008-005
Schools near 467 West 12th Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Fifteenth Street Elementary School PublicK to 5 | ||
Richard Henry Dana Middle School Public6 to 8 | ||
San Pedro Senior High School Public9 to 12 | ||
Port Of Los Angeles High School Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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