San Pedro, CA 90731 523 W 12th Street

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Presented By: Juan Huizar with Sage Real Estate Group, Inc.; 562-307-0838
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# PW25072780
  • 04/07/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 8
  • Baths • 7
  • SQFT • 4,628
  • Garage • 2

Home Details

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!
Presented By: Juan Huizar with Sage Real Estate Group, Inc.; 562-307-0838

Interior Features for 523 W 12th Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
Interior AmenitiesBalcony, CeilingFans, QuartzCounters
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 523 W 12th Street

AccessibilityNone
Additional Parcels Y/NNo
AppliancesDishwasher, GasOven, GasRange, Refrigerator, WaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CitySan Pedro
Community FeaturesCurbs
ContingencySeller to do a 1031 exchange. Property identified. 4 of the units are vacant.
CoolingNone
CountyLos Angeles
DirectionsOn 12th St. between S. Grand and S. Pacific
DisclosuresAccessoryDwellingUnit
ElectricVolts220InKitchen, Volts220InLaundry
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces2.0
Garage Y/NYes
Gross Income108690.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense7242.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashToNewLoan, Conventional, Exchange1031, FHA, VaLoan
Lot Size Square Feet4982.0
Lot Size UnitsSquareFeet
MLS Area185 - Plaza
MobileHomeRemainsYNNo
Net Operating Income108690.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased1
Open Parking Spaces3.0
Operating Expense42930.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property ConditionUpdatedRemodeled, Turnkey
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Tax Lot22
Taxes$22,500
Tenant PaysElectricity, Gas
Trash Expense6000.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewNone
Water Sewer Expense7500.0
Waterfront Y/NNo
Year Built1986
Year Built SourceAppraiser
ZoningLARD1.5

Exterior for 523 W 12th Street

Building Area Total4628.0
Crops Included Y/NNo
FencingWroughtIron
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1144
Lot Size Area4982.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters6
Number of Separate Gas Meters5
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesGarage, Uncovered
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking5.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,800,000
MLS#PW25072780
List Date 04/07/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
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