848 W 11th St, San Pedro, CA 90731

Property Description

HUGE PRICE REDUCTION!!!!Tremendous opportunity to own a duplex that can provide a minimum of $5000 per month cash flow. Front home is a 3 bedroom 1 bath 1,005 sq ft home with a very nicely renovated cellar that can easily be an office or used as a 4th bedroom. The home also features indoor laundry, a 1 car garage and an ADT Alarm system complete with cameras. The rear home is a 3 bedroom 2 bathroom and offers a very spacious 1,550 sq ft (home was expanded with permits). The rear unit also has a 1 car garage with direct access, indoor laundry and Central AC and Heat!!!! ATTENTION: Both units have been equipped with freshly installed solar panels which will allow the rents to be increased within rent control guidelines as tenants will have a greatly reduced electricity bill. New owner must factor this in when calculating rent amount. Front unit to be delivered vacant, rear unit lease is a month-to-month. This property is turnkey and ready to go. ATTENTION: There is separate electric panels, however the Solar Power system will provide power to both homes significantly reducing the tenant's electricity costs and allowing the rent to be increased within the 12 month period. PROPERTY IS ZONED R3. HUGE PRICE REDUCTION, SELLER IS MOTIVATED!!