In 2009 one of my clients decided to purchase San Pedro income property. Being a landlord is not for everyone, and my client decided it is not a hat that fits comfortably on her head. She's a busy working mom and has precious little time to fit tenants into her demanding schedule. Today, we listed her two-on-a-lot property at the fantastic price of $299,000.
The front house is an Old Spanish charmer with red tile roof, front courtyard and a plethora of Old World Charm. The rustic back house offers privacy from the street and a big front porch for enjoying coastal California weather. Each house has two bedrooms and one bathroom.
For more information contact Norma Toering & Team.
Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800
PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Chosen by MovingCost.com as one of the best Los Angeles realty blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.
South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach. Information is deemed reliable but not guaranteed.
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Sell Smart, Buy Wise and Live Well
Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333
PalosVerdesLifestyle- Norma's award winning site as the best Palos Verdes homes and real estate blog since 2007. Selected by Relocation.com as one of the top ten Los Angeles area real estate blogs. Chosen by MovingCost.com as one of the best Los Angeles realty blogs. Awarded 5 out of 5 stars by Lender411 blog review. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.
South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach. Based on information from the Association of REALTORS®/Multiple Listing as of the initial date of this article/blog publication and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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I am glad you are helping her out transitioning out of being a landlord Norma. Good job and nice property.
Gary - It's not for everyone...
Looks like a great deal! I am a landlord for properties on the east coast, but luckily we have property managers who take care of the day-to-day tenant issues that come up. I can understand this being too overwhelming for a working mom.
Norma --- being landlord is not for everyone, glad she found out relatively quickly. It looks like a nice place and well-priced. Best of luck.
Annie - I owned property back east for many years and there are definitely pros and cons to being an absentee landlord.
Michael - It is a great little investment property for a first-time investor.