3plex in San Pedro - Good Cash Flow | 467 W 12th St
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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 | Apartment Style | Garden |
Price Per Unit | £212,776 | Lot Size | 0.11 AC |
Sale Type | Investment | Building Size | 1,596 SF |
Net Initial Yield | 3.84% | Average Occupancy | 100% |
Gross Rent Multiplier | 16.73 | Number of Floors | 1 |
No. Units | 3 | Year Built | 1948 |
Property Type | Residential | Parking Ratio | 1.88/1,000 SF |
Property Subtype | Apartment |
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 | - |
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3plex in San Pedro - Good Cash Flow | 467 W 12th St
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