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

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Tags: bank owned, bargain, Los Angeles, Multiunit, wholesale

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