CA Wholesale Blog
California & Nationwide Wholesale and Bargain Real Estate
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Dec2
Bank Owned Multiunit in Los Angeles
Filed under: Available, Finding Deals, Investment, Los Angeles, Multiunit, landlord; Tagged as: bank owned, Investment, landlord, light fixer, Los Angeles, MultiunitRaw Footage from Walk-Through
Watch these 4 videos (total about 10 minutes) for detailed walk-through information on condition and layout of the property. It is located on W 88th St in Los Angeles, CA 90044, off Figueroa.
Video 1: Exterior full walk-around.
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Aug2
The Bank Has Had Enough
Filed under: Available, Los Angeles, wholesale; Tagged as: 90062, bargain, fixer, Los Angeles, rehabLarge 4-Bedroom, Great Value
====> Sign up to get on our FREE wholesale list to receive deals like this FIRST ===>

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
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Jun19
Move-In Home At Wholesale Price
Filed under: Available, Investment, Los Angeles, wholesale; Tagged as: Los Angeles, move-in, Pomona, wholesaleGorgeous, remodelled bungalow in Pomona available at wholesale bargain price, buyer incentives and financing are available.
Call: 626-232-6773
Register to receive all our wholesale move-in bargains!
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Jun17
Fixer in Nice LA Neighborhood…
Filed under: Available, Investment, Los Angeles, wholesale; Tagged as: 90002, bargain, fixer, Los Angeles, rehabThis fixer is ready to assign
Located on corner lot ion E 102nd St, 90002
2 bedrooms, 1 bath, 1100 sf, 3500 sf lot
ARV: $360,000
Quick Sale Value: $275,000
Our price: Only $145,000 -
email now to lock it in: tom.b@CaWholesaleDeals.comThe home needs floor repairs and other cosmetic repairs.

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May27
REO opportunity: East LA Duplex
Filed under: Available, Investment, Los Angeles, Multiunit, landlord, wholesale; Tagged as: bank owned, bargain, Los Angeles, Multiunit, wholesaleThomas 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.comP.S.: Join the new real estate community at
The Property Channel: http://ThePropertyChannel.tvIt’s free to join, share pictures, videos,
listings, deals, and anything else that gets
you excited about real estate!
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.
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May2
Good to be back…
Filed under: Available, Finding Deals, Los Angeles, San Bernardino; Tagged as: Fontana, Los Angeles, Ontario, REO…it’s good to be back in our home (and my home office…), after being evacuated due to the fires near Sierra Madre and Arcadia! (Tanker Drop)
I have a few things to catch up on AND also wanted to let you know about several new wholesale deals in our pipeline.
#1. REO Deals: As you know by now, these are usually extremely good deals that don’t last (sometimes not even long enough to upload pictures to the web site…) Currently we have pre-negotiated deals availale on 99th St, 100th St, and two duplexes on 112th St. They are all EXTREMELY cheap, and our mark-up is very small because we’re focussing on volume. So there is a lot of money to be made - left on the table for YOU!
#2. Short Sales: We’re seeing some great deals coming through right now. A nice, newer home in Fontana, North of the 210, that was last sold for $465,000:
It appraises now for $350,000. It’s available for owner occupied buyers or landlord investors for only $249,000 (net). Financing and down payment assistance are available.I also have an in-road to a Quadruplex in Long Beach. It is rented for $4,400/mo. The bank wants $510,000 (plus fees, commissions and assignment). A great multi-family deal to buy-and-hold, if that’s what you’re looking to do. The previous investor paid $735,000 for it (oops)…Do you need cash for down payment or repairs?
Download your Free Report “The Truth About Credit”#3. Fixers: We have a great fixer-upper in Ontario. It’s a probate property that needs to be cleaned up etc. Our cash-price (one-week closing ONLY) is $149,000 (net).
Call my cell now: 626-232-6773
I’ll talk to you soon. - Have a great day!
Thomas Bartke
http://CaWholesaleDeals.comP.S.: Join our new real estate community at
The Property Channel (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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Apr24
…Thursday roundup of available, bottom line REO (bank owned) and FSBO property deals.We have two more accepted wholesale deals that are a great value for investor buyers.
#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!
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Dec4
Available Wholesale Deal - Altadena Triplex
Filed under: Available, Financing, Finding Deals, Los Angeles, Multiunit; Tagged as: Available, Los Angeles, MultiunitWe’ve done it again! Super Triplex on 24,000 sf lot!
First the bad news: The interior needs some serious help (see slide show). But - you’ve got good bones to work with. The main house has lots of original details like hardwood floors, built-ins and a brick firecplace.
The exterior on the other hand - is in great shape. The main house has a newer roof, good paint, windows, foundation…
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