343 W 12th Street, San Pedro, California 90731, San Pedro, 90731 - bed, bath
ACTIVE$1,290,000$4,090/sqft
343 W 12th Street, San Pedro, California 90731
0Bed
0Bath
4,090Sqft
5,001Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Top Cons:
Lack of Specific Views: Despite its proximity to the shoreline, the property description explicitly states 'view: None,' which could be a missed premium feature in a coastal area like San Pedro.
Compared to the nearby listings
Price:$1.29M vs avg $1.05M (+$240,000)66%
Size:4,090 sqft vs avg 2,371 sqft80%
Price/sqft:$315 vs avg $41520%
More Insights
Built in 1990 (36 years old).
Condition: Built in 1990, the property is well-maintained with recent major system updates (roof, main water line in 2022). However, the kitchens and bathrooms, while clean and functional, feature dated elements such as original-style wood cabinets, tile countertops, fluorescent box lighting, and older fixtures, indicating no major cosmetic renovations since construction. These areas would require minor to moderate updates to meet current aesthetic standards.
Year Built
1990
Close
-
List price
$1.29M
Original List price
$1.29M
Price/Sqft
$315
HOA
-
Days on market
-
Sold On
-
MLS number
SB26009719
Home ConditionFair
Features
Patio
View-
About this home
No brainer, no rent control! Live in main house rent the units! This meticulously maintained building just a few short blocks from the shoreline of San Pedro could be perfect for the first time investor, or someone looking to buy a property that doesn't need work! Front house is spacious 3 bedrooms, 2 baths, two rear units boast 2 bedrooms, 2 baths, all with their own laundry and tandem 2 car garages. Roof has been recently replaced over rear 2 units, fumigation has been completed, new main water line installed in 2022. Owner and tenants have showed pride of ownership and it shows!!!! Get into the community that is investing in it's growth like the Ports O Call redevelopment project which includes shops, restaurants, parks, harbor cruises and new housing developments. This area already has so much to offer being minutes from the Maritime Museum, the Cabrillo Way Marina, the Port of Los Angeles and amazing staple restaurants like the San Pedro Fish Market and the famous Trani's to name a few.
M
Mistydawn Jones
Listing Agent
Nearby schools
5/10
Fifteenth Street Elementary School
Public,•K-5•0.2mi
3/10
Cabrillo Avenue Elementary School
Public,•K-5•0.7mi
2/10
Barton Hill Elementary School
Public,•K-6•0.9mi
5/10
Leland Street Elementary School
Public,•K-6•1.1mi
5/10
Bandini Street Elementary School
Public,•K-6•1.2mi
4/10
Seventh Street Elementary School
Public,•K-5•1.6mi
9/10
Park Western Place Elementary School
Public,•K-5•1.8mi
7/10
White Point Elementary School
Public,•K-6•1.8mi
5/10
Crestwood Street Elementary School
Public,•K-6•2.0mi
9/10
Taper Avenue Elementary School
Public,•K-5•2.2mi
7/10
South Shores/Csudh Visual And Performing Arts
Public,•K-5•2.3mi
8/10
Mira Catalina Elementary School
Public,•K-5•2.9mi
4/10
Hawaiian Avenue Elementary School
Public,•K-5•3.0mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•4.1mi
6/10
Harbor City Elementary School
Public,•K-5•4.3mi
4/10
Richard Henry Dana Middle School
Public,•6-8•0.6mi
8/10
Miraleste Intermediate School
Public,•6-8•2.7mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•2.9mi
6/10
Alexander Fleming Middle School
Public,•6-8•4.4mi
4/10
Hudson K-8
Public,•K-8•5.9mi
6/10
San Pedro Senior High School
Public,•9-12•0.9mi
5/10
Phineas Banning Senior High School
Public,•9-12•4.4mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•5.1mi
3/10
Cabrillo High School
Public,•9-12•5.8mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•6.1mi
8/10
Palos Verdes High School
Public,•9-12•8.4mi
Price History
Date
Event
Price
05/16/02
Sold
$369,000
Condition Rating
Fair
Built in 1990, the property is well-maintained with recent major system updates (roof, main water line in 2022). However, the kitchens and bathrooms, while clean and functional, feature dated elements such as original-style wood cabinets, tile countertops, fluorescent box lighting, and older fixtures, indicating no major cosmetic renovations since construction. These areas would require minor to moderate updates to meet current aesthetic standards.
Pros & Cons
Pros
Great Schools: Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Income-Generating Triplex: This property is a triplex, offering significant income potential with the flexibility for an owner to live in the spacious 3-bedroom, 2-bath front house while renting out the two rear 2-bedroom, 2-bath units. It also benefits from no rent control, a major advantage for investors.
Meticulously Maintained & Turnkey: Described as a 'meticulously maintained building' that 'doesn't need work,' indicating a turnkey property where both the owner and tenants have shown pride of ownership, minimizing immediate repair needs for a new buyer.
Recent Major Capital Improvements: Key upgrades include a recently replaced roof over the rear units, completed fumigation, and a new main water line installed in 2022, reducing future capital expenditure for the new owner.
Desirable Unit Configuration & Amenities: Each of the three units features a favorable bedroom/bathroom count (3/2 for the front, 2/2 for the rear units), individual laundry facilities, and tandem 2-car garages, enhancing tenant appeal and convenience.
Strategic Location with Growth Potential: Located just a few blocks from the San Pedro shoreline, the property is minutes from significant community redevelopment projects like Ports O' Call, and close to major attractions such as the Maritime Museum, Cabrillo Way Marina, and the Port of Los Angeles, promising future appreciation and desirability.
Cons
Lack of Specific Views: Despite its proximity to the shoreline, the property description explicitly states 'view: None,' which could be a missed premium feature in a coastal area like San Pedro.
Mixed School Ratings: While some schools in the wider area have high ratings, several elementary and high schools in the immediate vicinity show lower ratings (e.g., Barton Hill Elementary rating 2, Cabrillo High rating 3), which might be a consideration for family-oriented buyers.
Tandem Parking: The units are equipped with 'tandem 2 car garages,' which, while providing ample parking, can be less convenient for residents compared to side-by-side parking arrangements.