Currently available a small group of bank owned homes at a huge discount for cash or hard money buyer.
The package consists of 4 SIngle Family Homes that need minor cosmetic repairs (typically carpet, paint, light fixtures, landscaping). These homes make great rentals or flips to first-time buyers.
Large 2-story, 4 bedroom, 3 baths – Great Investment
Look at the movie to walk you through this home. It needs major cleanup, but it was built in 1997 and has great potential!
Watch Part 1 – The Main House (scroll down for Part 2!):
E 110th St
Los Angeles, CA 90059
Assessed value: $419,000
Last sold: $450,000 (11/17/06)
Our cash price: Only $169,000 (includes assignments)
Repairs: $25,000
Quick sale value in good condition: $298,000 (there have been several recent sales near $400,000)
Email now to lock in this great property: tom.b@CaWholesaleDeals.com
Part 2 : Back lot and Units:
Just picture the increase in affordability – or the additional cash flow…
This is another amazing wholesale deal on a bank-owned property that’s ready to go.
Mace Pl, Los Angeles, CA 90001 (click to see zillow.com – estimate at $268,000)
2 Bedrooms, 1 Bath, 720 sf – a cute little rental or resale to first-time buyer…
Discounted properties (distressed/bank-owned and probate) are SOLD at $185,000 to $199,000 (recent sold comps).
The lowest active listing of an REO property in bad condition is currently $199,000.
Our price: Only $137,000 (includes our assignment fee)
Needs to close quickly. Get your assignment deposit in ASAP to snap up this great deal!
626-232-6773
Large 4-Bedroom, Great Value
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Dalton Ave, Los Angeles, CA 90062
4 bedroom, 2 bath 2058 square feet
The lot is zoned R2 and 5240 sf with alley access.
Sold Comps:
1415 W 55th St (3+2, 1612 sf) – $490,000 – 7/21/08
5158 S St Andrews Pl (3+2, 1805 sf) – $360,000 – 6/26/08
1316 W 52nd St (4+2, 1736 sf) – $500,000 – 2/14/08
(These comps are not “cherry picked”. hey are the only comps available within .5-mile radius and +/-25% of the size of the home.)
This property is currently the lowest listing in the area at $335,000.
Our price: $297,000
This will not last at this price. The market is HOT – proeprties that are priced right are getting multiple offers, so don’t miss out!
email: tom.b@CaWholesaleDeals.com
or call: 626-921-5881
S Hoover Blvd, Los Angeles, CA 90044
4 bedroom, 2 bath 1500 square feet
Needs cosmetics only, no kitchen or bathroom rebuilts…
ARV (appraisal): $395,000
Quicksale value fixed up: $295,000
Our price: $198,500
Repairs: $15,000
Gross Equity: $180,000+
Don’t let a deal like this slip away!
Email for details: tom.b@CaWholesaleDeals.com
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