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  • May
    27

    REO opportunity: East LA Duplex

    Thomas Bartke here at GotForeclosure.com…

    …we have new REO opportunities coming in for
    the week. Starting out the parade is a duplex in
    East Los Angeles at 43% of its 2006 selling price!

    I cannot stress enough that the prices we are
    seeing right now are a huge buying opportunity
    that you don’t want to miss.

    Banks want to get rid of the inventory, and you
    can benefit from this chance for cash flow income
    property in SoCal.

    If you can buy multi-units for $230,000 that will
    rent for $2,300 a month IN SOUTHERN CALIFORNIA -
    that’s the biggest no-brainer I’ve seen in a long
    time.

    Southern California real estate at fire sale prices
    is always a huge appreciation play. If you can make
    it cash flow at the purchase price it doesn’t matter
    if “the market” might go down any more. This is your
    opportunity NOW. If you don’t take it someone else
    will.

    The address is 3061 Ganahl St, Los Angeles, 90063

    Unit 1: 2 bedrooms, 1 bath

    Unit 2: 1 bedroom, 1 bath

    1900 sf total living space, 4800 sf lot.

    Our price: $230,000 (OBO)

    Last sale: 10/02/2006 $540,000

    Act now: Call 626-232-6773 to put it together.

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

    Thomas Bartke
    http://gotforeclosure.com

    P.S.: Join the new real estate community at
    The Property Channel: http://ThePropertyChannel.tv

    It’s free to join, share pictures, videos,
    listings, deals, and anything else that gets
    you excited about real estate!
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