Trust Allden Investments for top-quality assistance with multi-family real estate investments in San Pedro CA
Southern California is a very desirable place to live, which means that there is strong demand for rental housing. If you’re looking for multi-family real estate investments in San Pedro CA, chances are you will have many options as to the specific type of property to purchase:
- Front house/back house properties
- Homes with garage apartments
- Apartment buildings
Because Allden Investments founder Allen Scarpetti believes in making clients for life, you can expect to receive prompt attention and superior service from Allden Investments, regardless of the size of your budget. Allen Scarpetti is a licensed Realtor® who knows our local market in detail. He won’t waste your time on any multi-family real estate investments in San Pedro CA that don’t fit your criteria. Instead, he’ll direct you to the best properties for your investment goals. Sometimes he is even able to open up contracts on off-market properties.
Why Invest in Multi-Family Real Estate?
If you want to invest in property, you of course have many different options. The first one many people choose is simply buying another single-family home to turn into a rental. In reality, buying multi-family real estate investments in San Pedro CA is a more advantageous strategy. And with help from an experienced professional, it really isn’t any more difficult. Here are some of the advantages of multi-family property investments:
- You get more value for your money
- Whereas a single family rental can take years to break even, multi-family rentals become profitable quickly
- You can save on taxes and insurance when all the units are part of one single building
- Multiple tenants means multiple income streams, making it easier to absorb lost revenue from vacancies or tenant defaults
- You can manage your units more efficiently if they are all in one location
- Unless they are brand new, multi-family properties have rent rolls you can review to get an idea of their desirability to renters
Residential Home Buyers Can Shop for Multi-Family Properties Too
If you are looking for a new home, you don’t need to limit yourself to single-family homes. Instead, look for multi-family real estate investments in San Pedro CA with the intention of living in one of the units and renting the rest. With rental income in the picture in addition to your own income, you will be able to qualify for a bigger mortgage and get a more valuable property. If the units can command a high enough rental price, the income could even cover your mortgage payment.
Investors Love Working with Allen–You Will Too
As an independent broker owner, Allen makes an excellent choice of realtor for all your multi-family real estate investments in San Pedro CA. Allen is always prompt to answer calls, texts, and emails throughout the day to make sure you don’t miss out on opportunities in this fast-paced market. He puts your satisfaction above his own bottom line, and he is willing to be negotiable on his fees and commission if this is what is needed to help make a successful closing.
To learn more about buying or selling multi-family real estate investments in San Pedro CA with Allen, please call 310-791-6316 now.