1504 S Grand

THIS FAMILY HOME IN A FAMILY- FRIENDLY NEIGHBORHOOD COMES WITH RENTAL INCOME, AND CAN BE YOURS FOR A LOW DOWN PAYMENT. BUILD EQUITY AND CREATE CONSISTENT CASH FLOW. Prime location only 8 miles to Long Beach, 23 miles to Downtown L.A., and 20 miles to L.A.X. A short commute to many cities. Located near the New Waterfront project with restaurants, shops, museums, and music venues, the property has valuable nearby access to the 110 freeway. Take advantage of this income producing TRI-PLEX property. Upside options to increase the rent, or to live in one unit, and collect rents from the other two units for help with the mortgage. Well maintained five-bedroom four-bathroom residential income property. New roof 2025, new vinyl windows, fresh paint. Raised foundation and well-insulated help lower energy costs. Two separate electric and gas meters. Large spacious house with open kitchen and eat-at bar opens to dining room, Large family room and a living room with a split fireplace. The spacious Master bedroom is ensuite with storage cupboards and a large wall of closets. Upgrades forced air heater. Two large bedrooms with extra roomy closets, and a full guest-bathroom to share. Two new vinyl sliding glass doors lead to a private courtyard. Garage with washer/dryer hook-ups Large Two-bedroom one bathroom apartment has an open kitchen with attached dining room, large living room, and two very roomy bedrooms. The Gas heater, and new vinyl windows are a recent upgrade. Small private yard space. Garage with washer dryer hook-ups. Studio apartment has two rooms plus a full bathroom, Kitchen is open with den-like seating area, gas range, refrigerator and plenty of cupboard space. The “Bedroom” has a 3’ deep large closet for clothing and storage. This unit has a front and back door. The studio has a gated fenced private yard. Long term tenants with current rents at $2674 house, $1344 2-bedroom apt., $1300 studio per month. Key things to know: Great Freeway Access – near Long Beach, L.A.X. and Downtown L.A. Popular friendly family neighborhood. Additional rental income for Homeowner. Near Oceanfront entertainment venue and Downtown San Pedro Events.