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682 12th Street, San Pedro, CA 90731

11 Bed, 4 Bath Multi-Family Home For Sale

682 12th Street, San Pedro, CA 90731 House For Sale - MLS #16139440
Under Agreement
$799,900
11
4
Multi-Family
4 Family
This listing is courtesy of Allan Crouch from Villa Group R.E. & Mortgage.

Property Description for 682 12th Street, San Pedro, CA 90731

Great Income Producing Property. Building has a great unit mix with three 3 bedroom, 1 bath units, and one 2 bedroom, 1 bath unit. All tenants are long term tenants who have been there several years. Almost no vacancy factor or turnover. Units are separately metered for gas and electric. Priced at a 5.4% Cap Rate and an 11.4 GRM. With $70,000 in actual rents collected in 2015 and minimal expenses, this building is a cash flow king.

Interior Details

4,512 sq. ft.
$177.28/sq. ft.

Exterior Details

0.15 acres
6,751 sq. ft.
2

Other Details

16139440
1907

Units Description

Unit #1
Bedrooms: 3      Full / Half Baths: 1      Rent: $1,495     

Unit #2
Bedrooms: 3      Full / Half Baths: 1      Rent: $1,534     

Unit #3
Bedrooms: 2      Full / Half Baths: 1      Rent: $1,352     

Unit #4
Bedrooms: 3      Full / Half Baths: 1      Rent: $1,450     

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(20%)

Monthly Mortgage Payments

$3,633
$5,060

Town Description

The district is situated in a Mediterranean climate zone (Köppen climate classification), experiencing mild, wet winters and warm to hot summers. Breezes from the Pacific Ocean tend to keep the beach...

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