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$1,800,000
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Property Description
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!
Full Property Details
Full Property Details for 523 W 12th St
General
- Sold For: $1,800,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW25072780
- Added to Site: 290 day(s) ago
Interior
- Interior Features: Balcony, Ceiling Fan(s), Quartz Counters
- Fireplace(s): None
- Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator, Water Heater
- Flooring: Vinyl
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 2
- Parking Features: Garage, Uncovered
- Parking: Garage, Uncovered
Location
- Area: 185 - Plaza
- County: Los Angeles
- Development Name: 185 - Plaza
- Driving Directions: On 12th St. between S. Grand and S. Pacific
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 5
- # Electric Meters: 6
Structural Information
- Roof: Shingle
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,628
- Year Built: 1986
Lot Features
- Property View: None
- Lot Size (Acres): 0.1144
- Lot Size Source: Assessor
- Zoning: LARD1.5
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $388.94
- Price Per Unit: 450000
Listed by Sage Real Estate Group, Inc., Juan Huizar
Sold by eXp Realty of Greater Los Angeles, Inc., Lucy Milivojevic
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Schools
Schools serving 523 W 12th St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Fifteenth Street Elementary School 1527 S. Mesa St., Los Angeles, CA 90731 | K-5 | 0.2 mi |
Richard Henry Dana Middle School, Los Angeles, CA 1501 S. Cabrillo Ave., Los Angeles, CA 90731 | 7-8 | 0.4 mi |
San Pedro Senior High School 1001 W. 15th St., Los Angeles, CA 90731 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 523 W 12th St
Date
Details
Price
Change
Source
6/20/2025
Sold
$1,800,000
—
MLS
4/07/2025
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
523 W 12th Street, San Pedro, CA 90731 (MLS# PW25072780) is a Multi-Family property that was sold at $1,800,000 on June 20, 2025. Want to learn more about 523 W 12th Street? Do you have questions about finding other Multi-Family real estate for sale in San Pedro? You can browse all San Pedro real estate or contact a Coldwell Banker agent to request more information.

