Watts Duplex for Land-Value

No excuse for not buying! Here is another true wholesale deal. A legal duplex on a good street in Watts for 35 cents of a January "As-Is" appraisal ($382,000)! - Less Than Land Value! Only $134,700 (includes assignment fee) - cash or hard money only! 10-day close.

1700-block of E 112th St, Los Angeles, CA 90059

This property is surrounded by nicely fixed homes and units. No influence from "projects". Right across the street are 4 brand new duplexes (2 still under construction). Great rental income potential.

The front house could be fixed. The back unit is in ruins. Typically, these old homes in the neighborhood are being torn down and rebuilt from scratch.

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Front (note the nice property next door!)

Living Room

Hall

Bedroom

Kitchen

Bath

Back of the front house

Back unit (tear-down, not liveable)

Super Cash-Flow Quad in Downtown Bellfower

Beautiful quadruplex with $150,000 in equity and $5,200 in monthly rent income.

If you are looking for a hands-off, management and maintenance free long term investment, here is the property that fills your needs.

Each of the four units are 2 bedrooms, 1 bath with approximately 800 sf each.



The property is currently fully rented at $1,300 per unit, which is slightly below market rent. Most tenants are long term renters who are on a month-to-month lease.

You can purchase the property without bank qualifying and a cash down payment of only $145,000 (less than 20%.) Or you can get your own new financing at whatever rate and terms you can qualify.

We can offer this property to a cash or credit partner (if you prefer a totally hands-off investment), or you can buy it outright and cash us out of our interest in the property.

This is a great long-term investment that meets all requirements of an astute investor:

1. Make money when you buy
2. Make money every month
3. Make money when you sell

Call 626-355-6942 to grab this fantastic investment deal.

BTW: You could also owner-occupy one of the units and live for free while the tenants are paying down your mortgage...