Attention all investors and creative homebuyers! This spacious property located in the desirable Palisades area of San Pedro is a fantastic opportunity for those with a vision. While it requires some work, this 2500 sq ft, 5-bedroom, 3-bathroom home sits on a 5872 sq ft lot and has been fully permitted (buyer to verify). The property boasts a grand living room complete with a wood-burning fireplace, central heat, and a large family kitchen. Two bedrooms are located downstairs along with a 3/4 bathroom, laundry shoot, and indoor laundry room. Upstairs you will find three more bedrooms, including the spacious master bedroom with a large walk-in closet and master bath. While the exterior of the property has been completed with windows, siding, and roof, the interior work has not been finished. The electrical and plumbing have been partially completed, and no drywall has been installed. Only one bathroom has been finished, and the kitchen and two other bathrooms require completion, as well as flooring and finishing work. Cash buyers or those with a rehab loan may seize this opportunity to create their masterpiece. The property includes a 2-car detached garage and because the home is situated towards the front of the lot, the backyard is still quite spacious. Don't miss out on this am