5101 Merrill Street

This is really a one of a kind property done with top of the line materials and craftsmanship. The front of the main house faces south and gets all the great sun and light and of course those cool ocean breezes. No expense was spared in creating this beautiful Southwood home. All new kitchen with state of the art appliances, separate laundry room with storage and cabinet space. Brand new roof, tankless water heaters, new top of the line double pane windows and doors throughout. New flooring & interior paint, new exterior stucco and paint, new sod and sprinklers front and back, newly poured porches and walkways. New gates, all remodeled bathrooms, new flooring throughout, recessed lighting, new switches and hardware. Spacious backyard & patio area perfect for summer BBQ’s. Detached two car garage and long driveway which is gated so great place for kids to play or if you have an RV or boat why rent storage space. This is where it gets fun. Above the two car garage is a fully permitted and separately addressed, fully contained studio apartment. This unit is also all remodeled with a new kitchen, bathroom, heating, windows, flooring, doors and upgraded appliances. Laundry inside as well. Perfect for visiting family, older kids or create market rents for a wonderful investment. Projected rents if you were to buy it all for investment is $4500 for the front unit and $2200 for the separate unit. Both units have separate electric meters. Rare opportunity to move in , not do anything and create cash flow all while living on of the best streets in Southwood. From the unit above garage you have awesome view of Palos Verdes to the South and to the North you have mountain and city views and the flight patterns from LAX. Award winning Anza, Jefferson and West High Schools, state of the art medical facilities close by as well as world class shopping at the Del Amo Mall. **additional photos and virtual tour coming soon**