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    343 W 12Th St San Pedro, CA 90731

    Sponsored
    For Sale
    $1,290,000

    Traditional, Triplex - San Pedro, CA

    Type:Triplex
    Property size:
    4,090 SF
    Lot size:
    5,001.00 Acres
    Days on Market:
    9
    Last Refresh:
    Jan 22 at 4:06 am

    Property Features for 343 W 12Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Zoning
    LAR2
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
    Bedrooms
    7
    Bathrooms
    6
    APN
    7456009010
    Parking
    6
    Parking features
    Garage, Tandem
    Interior features
    Beamed Ceilings, Cathedral Ceiling(s), Open Floorplan, Tile Counters
    Exterior features
    Fence, Community Features Included: Curbs, Sidewalks, Street Lights, Suburban, Front Yard
    Fencing
    Fenced
    Appliances
    Dishwasher, Garbage Disposer, Oven - Gas, Range, Range - Gas, Washer
    Size
    4,090 SF
    Lot size
    5,001.00 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1990
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Tile, Vinyl
    Building materials
    Brick, Stucco
    Roof type
    Composition, Shingle
    Architectural style
    New Traditional

    We can help!

    Listing Contact
    Mistydawn Jones

    Berkshire Hathaway HomeServices California Properties (310) 373-0021 [email protected]

    Listing agent Mistydawn Jones (310) 318-9386 License #00995899

    Listing date Jan 14, 2026

    MLS# SB26009719 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    San Pedro Triplex Near Shoreline

    This meticulously maintained triplex is located just a few blocks from the shoreline of San Pedro. The property features a spacious front house with 3 bedrooms and 2 baths. The two rear units each offer 2 bedrooms and 2 baths. Each unit includes its own laundry area and a tandem 2-car garage. The roof over the rear two units has been recently replaced. Fumigation has been completed, and a new main water line was installed in 2022. The property is located in a community that is investing in its growth, near the Ports O Call redevelopment project, which includes shops, restaurants, parks, harbor cruises, and new housing developments. The area offers proximity to the Maritime Museum, the Cabrillo Way Marina, the Port of Los Angeles, and restaurants such as the San Pedro Fish Market and Trani's. The property is zoned LAR2 and has no rent control. The building size is 4090 square feet and the lot size is 0.1148 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Law Firm Food Market Daycare Center Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Pedro
    County
    Los Angeles
    State
    California
    Longitude
    -118.26304
    Latitude
    34.04013

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    FAQs

    What type of property is this?
    Triplex - Meticulously maintained triplex near San Pedro shoreline, no rent control.
    Where is this triplex located?
    The property is located at 343 W 12Th St San Pedro, CA.
    What is the asking price?
    The asking price for this property is $1,290,000.
    What are key features of this property?
    This property features: - Income Potential: Main house plus two additional rental units, each with 2 bedrooms and 2 baths.; - No Rent Control: Provides flexibility in managing rental income.; - Turnkey Condition: Meticulously maintained property requiring no immediate work.
    (310) 318-9386
    Request Owner's contact information
    343 W 12Th St San Pedro, CA 90731
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    San Pedro, CA 90731
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    343 W 12Th St San Pedro, CA 90731
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    We can help!
    Listing Contact
    Mistydawn Jones
    Real Estate License ID: 00995899
    (310) 318-9386
    Learn more
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