654 W 12th Street

    San Pedro, CA 90731
    • $5,150,000
    • STATUS: Active
    • ON SITE: 28 days
    • ID#: PW18122721
    Price Reduced
    UPDATED: 44 min ago
    $5,150,000
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,934
      SQFT
    • $323
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1985
    County:

    School Ratings & Info

    Description

    BRING YOUR REASONABLE OFFERS! Owners have found their Upleg. **San Pedro is currently experiencing a massive revitalization. There has been a recent injection of significant capital into the area from private and public sources. Some of the improvements taking shape currently include SpaceX Big Falcon Rocket development and manufacturing facility on Terminal Island and the redevelopment of Ports O'Call Public Marketplace. The Harbor Blvd. Roadway Improvement Project is expected to be complete in 2018 at a total project cost of $14.8 million, paid by the Port of Los Angeles, including $4.9 million in grant funding from Los Angeles County Metropolitan Transportation Authority (Metro).**Beautiful, well maintained building just minutes from the ocean. Nice, clean grounds. Very low vacancy rate. Newer building with 20 1 bdrm units and 4 studios. Fourteen units have balconies and many units have been completely or partially upgraded. Some top floor units have ocean views and some have views of the Vincent Thomas Bridge. Twenty-two garage parking spaces and overhead storage units. Four additional exterior gated parking spaces. Laundry facilities on each floor. Gated and secure building with cameras. Recent Health Department Inspection Report - No violations. Close to the beach, Pt. Fermin, Von's Market, and Starbuck's. Near Ports-O-Call which is undergoing a $150 million redevelopment. Walk Score of 87. Pride of Ownership Building.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-22T08:28:07.72. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/83924593

    654 W 12th Street San Pedro, CA 90731

    • Price: $5,150,000
    • Status: Active
    • Updated: 44 min ago
    • ID#: PW18122721
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    15,934
    SQFT
    $323
    $/SQFT
    1985
    Built
    Neighborhood:
    193 - San Pedro - North
    County:
    Los Angeles
    Area:
    193 - San Pedro - North
    Property Description
    BRING YOUR REASONABLE OFFERS! Owners have found their Upleg. **San Pedro is currently experiencing a massive revitalization. There has been a recent injection of significant capital into the area from private and public sources. Some of the improvements taking shape currently include SpaceX Big Falcon Rocket development and manufacturing facility on Terminal Island and the redevelopment of Ports O'Call Public Marketplace. The Harbor Blvd. Roadway Improvement Project is expected to be complete in 2018 at a total project cost of $14.8 million, paid by the Port of Los Angeles, including $4.9 million in grant funding from Los Angeles County Metropolitan Transportation Authority (Metro).**Beautiful, well maintained building just minutes from the ocean. Nice, clean grounds. Very low vacancy rate. Newer building with 20 1 bdrm units and 4 studios. Fourteen units have balconies and many units have been completely or partially upgraded. Some top floor units have ocean views and some have views of the Vincent Thomas Bridge. Twenty-two garage parking spaces and overhead storage units. Four additional exterior gated parking spaces. Laundry facilities on each floor. Gated and secure building with cameras. Recent Health Department Inspection Report - No violations. Close to the beach, Pt. Fermin, Von's Market, and Starbuck's. Near Ports-O-Call which is undergoing a $150 million redevelopment. Walk Score of 87. Pride of Ownership Building.
    Exterior Features

    Garage Spaces 22.00 Lot Features Landscaped Lot Size Source Assessor Lot Size Units Square Feet Parking Total 24.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Area Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Sidewalks Country Us Elevation Units Feet Gross Income 3444.00 Gross Scheduled Income 323244.00 Insurance Expense 7380.00 Land Lease YN No Laundry Equipment Own Lease Lease Laundry Income 3444.00 Laundry YN Yes Net Operating Income 214972.00 New Taxes Expense 39824.00 Number Of Separate Electric Meters 24 Number Of Separate Gas Meters 24 Number Of Separate Water Meters 1 Number Of Units Leased 24 Operating Expense 108272.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Total Actual Rent 25893.00 Total Expenses 103538.00 Trash Expense 3800.00 Water Sewer Expense 12037.00 Water Source Public Year Built Source Assessor Zoning Lard1.5

    Listing provided courtesy of Bill Norwood of Norwood Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-22T08:28:07.72. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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