San Pedro Duplex Investment Property

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San Pedro Duplex Investment Property

Investor · Newport Beach, CA · Member since 2016 · 481 posts · 59 votes

Good Afternoon!

See below flip property we have under contract and ready to assign. Please be advised, to be fair to our investors equally, availability of our wholesale properties are on a 'first come, first serve' basis.

Current rent is based on previous tenants/landlord agreement. If you'd like to attempt to speak with the tenants we cannot guarantee contact but you may attempt at your own will.

Please do not contact listing agent!

Location: 666 w 5th St, San Pedro CA 90731

Showing: Occupied

(4 bed, 2 bath, 2,388 sq. ft.)

Price: $510,000

Est. Rehab: $45,000

ARV: $690,000

Unit 1: 3 bed 1 bath - rent: $2500

Unit 2: 1 bed 1 bath - rent: $1500

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  • Jo-Ann LapinPro Member
    Loan Officer · Tustin, CA · Member since 2015 · 3k+ posts · 713 votes
    8y

    Looks promising

  • Investor · Newport Beach, CA · Member since 2016 · 481 posts · 59 votes
    8y

    Thank you @Jo-Ann Lapin! Feel free to let me know if you have any interest. 

  • Huntington Beach, CA · Member since 2018 · 47 posts · 14 votes
    8y

    Why do Realtor.com and Zillow.com show the price at $460,000?

  • Investor · Newport Beach, CA · Member since 2016 · 481 posts · 59 votes
    8y

    @Whitney T Redfield, if you read the agent remarks, it states that the property went to auction and the listed price was the opening bid amount at the beginning of the auction. 

  • Huntington Beach, CA · Member since 2018 · 47 posts · 14 votes
    8y

    @Ahmad Azad ... thanks.  I'm still learning.  I'll look for that next time.

  • Investor · Newport Beach, CA · Member since 2016 · 481 posts · 59 votes
    8y

    @Whitney T Redfield, No worries! Feel free to give me a shout if you ever have any questions! Would love to be of any help!

  • Realtor · Cerritos, CA · Member since 2018 · 15 posts · 1 vote
    8y

    If this is still available, please send me more information.

  • Bellevue, WA · Member since 2015 · 59 posts · 13 votes
    8y

    Is it already subdivided or some one has to do it ? 

  • Investor · Newport Beach, CA · Member since 2016 · 481 posts · 59 votes
    8y

    @Soheil Naimi, Unfortunately, this property is no longer available. Were you looking exclusively in this area? We have multiple other properties as well if you are interested.

    @Pradeep Tiwari, this property is 2 structures on 1 lot. 

  • CA · Member since 2018 · 6 posts · 1 vote
    8y

    @Ahmad Azad I was interested in this property, then it quickly went off the market, I was too late.  You mentioned you have other properties?  Anything with a similar price point?

  • Investor · Newport Beach, CA · Member since 2016 · 481 posts · 59 votes
    8y

    Good Morning @Stephanie Younger. Yes, we do get similar properties fairly often. What is a good email for you?

  • Manhattan Beach, CA · Member since 2017 · 4 posts · 1 vote
    8y

    @Ahmad Azad I am interested in similar properties as well and also options in South Bay if that comes up. 

    [email protected]  

  • Las Vegas, NV · Member since 2017 · 150 posts · 10 votes
    8y

    Rasa,

    I’m very interested in this property and any other properties that you have there in Los Angeles county orange in Riverside is well please give me a call to discuss the details if you can email me some pictures I would appreciate it

     I’m very interested in this property and any other properties that you have there in Los Angeles county orange in Riverside is well please give me a call to discuss the details if you can email me some pictures I would appreciate it 

     Mark Wilder 

    [email protected]

    702-439-4324

  • Investor · Ridgecrest, CA · Member since 2014 · 15 posts · 0 votes
    8y

    Hi, please add me to your list to be sent similar listings [email protected]

    Thank you

  • CA · Member since 2018 · 6 posts · 1 vote
    8y

    @Ahmad Azad my email address is [email protected], please send over anything comparable, it would be greatly appreciated! 

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