CA Wholesale Blog

#1: 114 E 99th St, Los Angeles, CA 90003

This is a 3 bedroom home in good condition. The bank dropped the asking price to $239,000. Non-distressed comps and active listings start in the mid $300k’s. Our price, including assignments: $224,700.00

#2: 763 W 97th St, Los Angeles, CA 90044; this is NOT bank owned. It’s a large 2 bedroom home (over 1500 sf) on a huge lot (10,000 sf!!!) It’s zoned for units, so you can add on now or later. Sold comps are around $450,000. We’re looking for $295,000 (negotiable for cash buyer…) - it’s in good condition.

#3: A very light fixer (needs only minor cosmetics) on 920 W 6th St in San Pedro, overlooking the harbor. Apparently it has 1100 sf (although only 792 on record - verify). It is zoned R2 with a large lot of 8100 sf!!! Needs only minor touch-ups. Was last sold for $560,000 in 2005. Your price, including assignments: $280,000.

Call my cell now: 626-232-6773

I’ll talk to you soon. - Have a great day!