523 W 12th St Los Angeles, CA 90731
8
Beds
7
Baths
4,628
Sq Ft
4,982
Sq Ft Lot
Highlights
- Quartz Countertops
- Laundry Room
- 2 Car Garage
- Balcony
- Ceiling Fan
- Wrought Iron Fence
About This Home
As of June 2025Stunning 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!
Last Agent to Sell the Property
Sage Real Estate Group, Inc. Brokerage Phone: 562-307-0838 License #01417642 Listed on: 04/07/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1986 | Remodeled
Lot Details
- 4,982 Sq Ft Lot
- 1 Common Wall
- Wrought Iron Fence
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- 3 Open Parking Spaces
- Parking Available
Home Design
- Quadruplex
- Turnkey
- Shingle Roof
Interior Spaces
- 4,628 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Vinyl Flooring
Kitchen
- Gas Oven
- Gas Range
- Dishwasher
- Quartz Countertops
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
- 220 Volts In Laundry
Outdoor Features
- Balcony
Utilities
- Wall Furnace
- 220 Volts in Kitchen
- Natural Gas Connected
- Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 22 / 11
- Tax Tract Number 296
- Assessor Parcel Number 7454020019
- $862 per year additional tax assessments
Community Details
Building Details
- 1 Leased Unit
- Rent Control
- 6 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $7,242
- Trash Expense $6,000
- Water Sewer Expense $7,500
- New Taxes Expense $22,500
- Operating Expense $42,930
- Gross Income $108,690
- Net Operating Income $108,690
Additional Features
- 4 Units
- Laundry Facilities
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2025 06/23/25 | For Rent | $2,890 | 0.0% | -- |
| 06/20/2025 06/20/25 | Sold | $1,800,000 | 0.0% | $389 / Sq Ft |
| 04/07/2025 04/07/25 | For Sale | $1,800,000 | +89.5% | $389 / Sq Ft |
| 11/08/2023 11/08/23 | Sold | $950,000 | -23.9% | $242 / Sq Ft |
| 09/11/2023 09/11/23 | Price Changed | $1,249,000 | -3.8% | $318 / Sq Ft |
| 08/23/2023 08/23/23 | Price Changed | $1,299,000 | -7.1% | $331 / Sq Ft |
| 07/30/2023 07/30/23 | Price Changed | $1,399,000 | -1.8% | $356 / Sq Ft |
| 07/19/2023 07/19/23 | For Sale | $1,425,000 | -- | $363 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Lucy Milivojevic
Seller's Agent in 2025
Lucy Milivojevic
eXp Realty of Greater Los Angeles, Inc.
(310) 901-1355
16 in this area
51 Total Sales
-
Juan Huizar
Seller's Agent in 2025
Juan Huizar
Sage Real Estate Group, Inc.
(562) 307-0838
3 in this area
104 Total Sales
-
Mario Gandara
Seller's Agent in 2023
Mario Gandara
W&D Real Estate Investments
(310) 562-0324
4 in this area
13 Total Sales
-
Dante Underwood
Seller Co-Listing Agent in 2023
Dante Underwood
Assurant Properties
(626) 861-3113
1 in this area
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25072780
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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