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Modern Home – Great Flip to 1st-Time Buyer

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Large 2-story, 4 bedroom, 3 baths – Great Investment

We’ve put two short movies together to walk you through this great 2-story home in SOuth Central Los Angeles. Looking at them will give you a pretty good idea of what it needs. It was built in 1997, so you know it has “good bones” even though the cosmetics needed are making it look ugly now. But hey, that’s what you need to buy to make money in this market, and this one has great potential!

Watch Part 1 – The Main House (scroll down for Part 2!):

E 110th St
Los Angeles, CA 90059
4 bedrooms, 3 baths, 1548 Square feet

Assessed value: $419,000
Last sold: $450,000 (11/17/06)

Our cash price: Only $169,000 (includes assignments)
Repairs: $25,000 (including reversal of garage conversion and removing illegal units from the back lot)
Quick sale value in good condition: $298,000 (there have been several recent sales near $400,000)

Call now to lock in this great property: 626-921-5881

Part 2 : Back lot and Units:


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Category: Available, Investment, landlord, Los Angeles, wholesale

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