Monday, April 28, 2008

Your Los Angeles REO of the Day 04-28-2008




2817 IDELL ST , LOS ANGELES ,CA 90065
Type: 4plex
Units: 4
Price: $400,000
List Date: 11-10-07 Reduced: 04-23-08
Broker: PINNACLE ESTATE PROPERTIES MLS:07-237055

Another 4plex with great incomes, this one in Glassell Park. Huge 11,000+sf lot in up an coming neighborhood. Not bank owned but the rents quoted, $2836 total, were so good I had to post it. This is a cash positive rental in Los Angeles Owner Reduced listing from $874,000 to $400,000 on 4-23-08.
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