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3plex in San Pedro - Good Cash Flow 467 W 12th St

3 Unit Block of Flats £638,328 (£212,776/Unit) 3.84% Net Initial Yield San Pedro, CA 90731

Investment Highlights

  • Brand New Roof, Exterior Paint, Fence & Security Cameras
  • Well Maintained Property; One Unit Recently was Fully Renovated; Two-Bedroom Unit has Laundry Hookups
  • Three Garages in the Rear of the Property can be Converted into ADU or Continue to Bring Additional Income at $150/mo each

Executive Summary

Investment opportunity with HUGE Upside in Income

Property Facts

Price £638,328
Price Per Unit £212,776
Sale Type Investment
Net Initial Yield 3.84%
Gross Rent Multiplier 16.73
No. Units 3
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Lot Size 0.11 AC
Building Size 1,596 SF
Average Occupancy 100%
Number of Floors 1
Year Built 1948
Parking Ratio 1.88/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 2 £1,108 -
2+1.5 1 £726.02 -
Walk Score ®
Walker's Paradise (91)
Bike Score ®
Biker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 32276547

  • Date on Market: 27/06/2024

  • Last Updated:

  • Address: 467 W 12th St, San Pedro, CA 90731

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