5 months on rocket

467 W 12th St, San Pedro, CA, 90731

$750,000

Home List Price

$8,906*

Closing Credit

0 Baths
Multi

Location

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467 W 12th St, Los Angeles$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTriplex
ParkingGarage Faces Rear
Garage3 spaces
Year Built1948
MLS #SB24127790
Lot Size0.11 Acres
StatusActive

About 467 W 12th St

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.

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Stories: 1

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 801-7373
  • Listing Agent: Olga Wright

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Garage Faces Rear

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Other

Directions Information:

  • Directions: East Of Pacific Ave on 12th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000

Tax Information:

  • Annual Amount: $5,664
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

467 W 12th St vs Los Angeles

173 DAYS ON ROCKET

+135 Days

$750,000

-$271.5K Less

KEY TAKEAWAY

This property is $271.5K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24127790

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 801-7373
  • Listing Agent: Olga Wright

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 5:15:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 30, 2017Home Sold
$427,000
Nov 01, 2001Home Sold
$227,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,664$457,827
2020$5,497$453,134
2019$5,423$444,250
2018$5,760$435,540
2017$5,760$465,120

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4409198
3
/10

  • 15th Street Elementary School

  • 1527 S Mesa St

  • 0.21 miles

  • Public District Grades KG-5

school-card-donut-4409199
5
/10

  • Cabrillo Avenue Elementary School

  • 732 S Cabrillo Ave

  • 0.50 miles

  • Public District Grades KG-5

school-card-donut-4409200
3
/10

  • Barton Hill Elementary School

  • 423 N Pacific Ave

  • 0.93 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,829. The most common annual income of people living in Los Angeles, CA is less than $35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90731›467 W 12th St

This home is located at 467 W 12th St in San Pedro, CA and zip code 90731 in the The Harbor neighborhood. This home, which was built in 1948, sits on a 0.11 acre lot. It has been listed on Rocket Homes since June 27, 2024 and is currently priced at $750,000.

Los Angeles, CA housing market in November 2024 saw over 512 listings sold above listed price, more than 177 sold at listed price and over 657 sold below. Between October 2024 and November 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 0.6%. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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