San Pedro, CA Investment Condo! 250k in Southern Cali!

[Matthew Chang]

Hi guys,

Great opportunity for buy/hold investors interested in the Southern California Region. The condo sits atop the hills of San Pedro (bordering Rancho Palos Verdes). This unit also has a view of the ocean and is minutes away from Trump National Golf Course in Rancho Palos Verdes. It is also down the street from the port of Los Angeles.

The condo is currently occupied by a long term tenant. The tenant has kept the place in good condition and is currently on a month to month lease. A/C units are new within 5 years. Linoleum flooring in the kitchen and bathroom. Did I mention its 1 of 2 units that have a view of the ocean? 

Please see the hard stats below and let me know if you're interested!

2 Bedroom 2 Bathroom

1107 Sq.Ft.

Has its own parking lot right in front of the property

Facility has 3 pools and 24/7 Gated Private Security

Estimated Repair Cost: $10,000

Market Rent for the Area: $1600-1650

HOA: $344

Selling Price: $250,000

Best,

Matthew Chang