$1,200,000
SOLD JUN 16, 2025

561 W 12th St San Pedro, CA 90731

7 Beds
4 Baths
-- Sq Ft
5,000 Sq Ft Lot

Recently Sold

4% Below List Price

168 Days on Market

Highlights

  • Neighborhood Views
  • Laundry Room
  • Turnkey

About This Home

As of June 2025

This is your chance to own a prime income-generating property in San Pedro. This remodeled triplex, complete with a bonus studio unit, offers a variety of living spaces, including a 3-bedroom, 2-bedroom, 1-bedroom with office, and studio—all with private garages and separate meters for optimal tenant convenience and income potential.Situated near the revitalized West Harbor development, the area is transforming into a vibrant hub with new dining, outdoor activities, and entertainment attractions, including plans for a Ferris wheel, carousel, and more. The beloved San Pedro Fish Market is also staying on-site, ensuring the area remains a destination for locals and visitors alike.Whether you’re an investor looking for steady rental income or a buyer seeking to capitalize on San Pedro’s growth, this property is perfectly positioned. Take advantage of this rare opportunity in a thriving market. Schedule your private tour today and make this property part of your portfolio!

Last Agent to Sell the Property

Brenda Truong

Winland Realty & Mortgage, Inc Brokerage Email: brendat928@gmail.com License #02099095 Listed on: 11/25/2024

Co-Listed By

Lily Lieu Nguyen

Winland Realty & Mortgage, Inc Brokerage Email: brendat928@gmail.com License #01841503

Last Buyer's Agent

Christian Ehlers

Ehlers Real Estate License #01246292

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,498

Year Built

  • Built in 1925

Lot Details

  • 5,000 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Triplex
  • Turnkey

Interior Spaces

  • 2-Story Property
  • Neighborhood Views

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 28 / 11
  • Assessor Parcel Number 7454020025
  • $433 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,498

Year Built

Built in 1925

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 312500
  • Property Attached: No
  • View: Yes
  • Zoning: LARD1.5
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7454020025
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: front or rear
  • Common Walls: No Common Walls
  • Entry Level: 1

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Gross Scheduled Income: 96420.00
  • Lot Size Area: 5000.0000 Square Feet
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Block: 11
  • Tax Census Tract: 2969.02
  • Tax Lot: 28
  • Tax Tract Number: RUDECI
  • TaxOtherAnnualAssessmentAmount: 433.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Sep 29, 2023
Sold by
Simple Buy Llc
Bought by
Giang Quyen T
Seller's Agent
Bret Lewis
Bret Lewis, Broker
Buyer's Agent
Sonia Aldana
RE/MAX Select One
List Price
$1,099,000
Sold Price
$1,089,000
Premium/Discount to List
-$10,000
-0.91%
Views
140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$816,750
Outstanding Balance
$803,093
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$386,989

Purchase Details

Listed on
Jan 8, 2021
Closed on
Mar 31, 2021
Sold by
Kim Jung Kyung and Jung Kyung Kim
Bought by
Simple Buy Llc
Seller's Agent
Hae Lee
Redpoint Realty
Buyer's Agent
Tara Riggi
Y Realty
List Price
$799,000
Sold Price
$715,000
Premium/Discount to List
-$84,000
-10.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.86%
Original Mortgage
$300,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
May 29, 2019
Sold by
Kim Jin Wook and Kim Jung Kyung
Bought by
Kim Jung Kyung and Jung Kyung Kim Revocable Livin

Purchase Details

Closed on
Sep 6, 2017
Sold by
The Jung Kyung Kim Revocable Living Trus
Bought by
The Jin Wook Kim & Jubng Kyung Kims Fami

Purchase Details

Closed on
Sep 28, 2015
Sold by
Kim Jung Kyung
Bought by
The Jung Kyung Kim Revocable Living Trus

Purchase Details

Closed on
Aug 19, 2005
Sold by
Kim Jin Wook
Bought by
Kim Jung Kyung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2005
Sold by
Maltin David and Schillo John
Bought by
Kim Jung Kyung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2003
Sold by
Biazevich Nicholas
Bought by
Maltin David and Schillo John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,750
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,089,000 Ticor Title Company
Grant Deed $715,000 Usa National Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $520,000 Fidelity National Title Co
Grant Deed $335,000 Fidelity
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $816,750 New Conventional
Previous Owner $300,000 Commercial
Previous Owner $300,000 New Conventional
Previous Owner $178,750 Commercial
Previous Owner $536,250 Commercial
Previous Owner $448,000 Unknown
Previous Owner $416,000 New Conventional
Previous Owner $247,750 Purchase Money Mortgage
Closed $20,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Price Changed $2,700 0.0% $4 / Sq Ft
06/16/2025 06/16/25 Sold $1,200,000 0.0% --
06/16/2025 06/16/25 For Rent $2,800 0.0% --
05/12/2025 05/12/25 Pending -- -- --
11/25/2024 11/25/24 For Sale $1,250,000 +14.8% --
11/03/2023 11/03/23 Sold $1,089,000 0.0% $408 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
09/19/2023 09/19/23 Price Changed $1,089,000 -0.9% $408 / Sq Ft
09/12/2023 09/12/23 For Sale $1,099,000 +53.7% $411 / Sq Ft
04/13/2021 04/13/21 Sold $715,000 +2.3% $268 / Sq Ft
03/01/2021 03/01/21 Price Changed $699,000 -12.5% $262 / Sq Ft
02/20/2021 02/20/21 For Sale $799,000 +11.7% $299 / Sq Ft
02/20/2021 02/20/21 Off Market $715,000 -- --
01/08/2021 01/08/21 For Sale $799,000 -- $299 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,498 $1,089,000 $600,000 $489,000
2023 $9,355 $743,886 $457,776 $286,110
2022 $8,926 $729,300 $448,800 $280,500
2021 $8,121 $656,494 $403,999 $252,495
2020 $8,200 $649,763 $399,857 $249,906
2019 $7,882 $637,023 $392,017 $245,006
2018 $7,773 $624,533 $384,331 $240,202
2017 $7,042 $570,000 $350,800 $219,200
2016 $6,964 $570,000 $350,800 $219,200
2015 $6,607 $540,000 $332,300 $207,700
2014 $4,373 $345,000 $212,300 $132,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24240263

California Regional Multiple Listing Service (CRMLS)

APN: 7454-020-025