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523 W 12th ST San Pedro, CA 90731
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Key Details
Sold Price $1,800,000
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25072780
Year Built 1986
Lot Size 4,983 Sqft
Property Sub-Type Quadruplex
Property Description
Stunning 4-Unit + 1 ADU Investment Opportunity in Vibrant San Pedro, with 3 of 4 Units & the ADU Delivered Vacant, this is not RSO property as it was built in 1986! Welcome to 523 W. 12th Street, an impeccably renovated fourplex + ADU in the heart of San Pedro—one of Los Angeles' most rapidly evolving coastal communities. Featuring three 2BR/2BA units, one 2 BR/1BA, and a 2BR/1BA ADU, this property offers exceptional versatility whether you're looking to occupy or capitalize on strong rental demand.
Highlights & Upgrades:
Comprehensive Renovation: Enjoy peace of mind with brand-new interiors, exteriors, a modern roof, and upgraded electrical systems.
Desirable Layouts: All units feature comfortable 2-bedroom layouts, perfect for families, professionals, or roommates. 4 of the units are delivered vacant.
Location & Investment Appeal: Positioned just minutes from the dynamic LA Waterfront, this property benefits from San Pedro's exciting growth and revitalization. The West Harbor project (set to bring new dining, retail, and entertainment options, including a world-class amphitheater) is transforming the harbor into a premier destination—driving both rental demand and property values. Nearby, you'll find the USS Iowa Museum, Ports O' Call Village redevelopment, local craft breweries, art galleries, and a blossoming restaurant scene. With easy access to the 110 freeway, Downtown LA, and the South Bay, San Pedro is increasingly recognized as a hidden coastal gem where new residential and commercial developments continue to fuel economic growth.
Whether you're an investor seeking an attractive cap rate or an owner-user looking to offset your mortgage, 523 W. 12th Street delivers the rare combination of move-in-ready quality and prime location near major coastal revitalization projects. Don't miss this chance to own a turn-key, multi-unit property in a neighborhood on the rise—schedule your showing today!
Location
State CA
County Los Angeles
Area 185 - Plaza
Zoning LARD1.5
Interior
Heating Wall Furnace
Cooling None
Flooring Vinyl
Fireplaces Type None
Laundry Common Area
Exterior
Parking Features Garage, Uncovered
Garage Spaces 2.0
Garage Description 2.0
Fence Wrought Iron
Pool None
Community Features Curbs
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Shingle
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan
Special Listing Condition Standard
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Bought with Lucy Milivojevic eXp Realty of Greater Los Angeles, Inc.
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