Los Angeles REO of the Day 05-01-08

3449 LARISSA, LOS ANGELES ,CA 90026
Type: duplex
Units: 2
Price: $525,000
List Date: 04/02/08
Broker: CENTURY 21 REALTY MLS:M08047992

Large Duplex (Assessor shows 1879sf)in the Heart of Siverlake/Hollywood. Needs some updating, but could be a great home for first time buyer who wants a tentant to help out with payments. Great neighborhood and only getting better. Walk to Sunset Junction or Hillhurst restaurants. I might go in a little lower on this one after researching rents and condition.

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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Your LA REO of the Day 04-24-2008

2116 KENT ST, LOS ANGELES ,CA 90026
Type: 4plex
Units: 4
Price: $399,000
List Date: 04/17/2008
Broker:Real Solution MLS:08-272661

Nice 4plex in Echo Park North of 101. Listing states total rental income of $2498 for 3 units plus vacant unit for owner. Don't wait to put in an offer. Easy qualifier for first time buyer or investor.

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