#OC25046657, Khosrow Shirzad, Listing Office: Khosrow Shirzad, Broker

523 W 12th St San Pedro, CA 90731
Property details
About 523 W 12th St
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!
Highlights
(Active Under Contract)
Summary
- Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator, Water Heater
- Flooring Type: Vinyl
- Interior: Balcony, Ceiling Fan(s), Quartz Counters
- Fireplace: None
- Garage Space: 2 spaces
- Private Pool: No
- Parking: Garage, Uncovered
- Heating: Wall Furnace
- Cooling: None
- List Price: $1,800,000
- Annual Tax Amount: $12,278
- Tax Year: 2024
- Directions: On 12th St. between S. Grand and S. Pacific
- Year Built: 1986
- Stories: 2
- Lot Size: 0.1144 Acres
- MLS Number: PW25072780
- MLS Name: CRMLS
- Office Name: Sage Real Estate Group, Inc.
- Office Phone: (562) 307-0838
- Listing Agent: Juan Huizar
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
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Last updated on: 5/5/2025, 7:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,800,000
523 W 12th St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 01, 2023 | Home Sold | $950,000 |
Jul 27, 1995 | Home Sold | $225,000 |
Jun 11, 1990 | Home Sold | $85,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $951,600 | $12,278 |
2023 | $400,762 | $5,668 |
2022 | $392,936 | $5,433 |
2021 | $385,264 | $5,351 |
2020 | $379,731 | $4,865 |
2019 | $372,287 | $4,776 |
2018 | $364,989 | $4,676 |
2017 | $357,833 | $4,676 |
History based on county public records data.
Nearby schools
3
15th Street Elementary School
Public District KG-5
0.2 mi
•1527 S Mesa St
5
Cabrillo Avenue Elementary School
Public District KG-5
0.4 mi
•732 S Cabrillo Ave
5
Leland Street Elementary
Public District KG-6
0.9 mi
•2120 S Leland St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,954. Most San Pedro, CA residents have annual incomes less than $<35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
This home is located at 523 W 12th St in San Pedro, CA and zip code 90731 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 8, 2025 and is currently priced at $1,800,000.
While more than 395 listings in San Pedro, CA in April 2025 were sold above asking price, there were more than 148 listings sold at asking price, and more than 328 were sold below. The number of homes for sale in San Pedro, CA increased by 10.2% between March and April 2025. In April 2025 median list price was $896,516 and the average listing age was 36 days.