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spiveynotes Category: Marketing
Current Grade: B+
Total Views: 327
Member Comments: 0
Posted on: 04/22/2011
Posted by: spiveynotes
Blog Points: 33
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1.4-Units investment opportunity: 117 Gladys Ave, Monterey Park, 91755, Price $702,000 ($675K + 4pts), 2,080sf, 7,706sf lot, 1 bed/1 bath each units; rent $850 each, LOI + POF, drive by only (subject to inspection); units occupied, off-market Retail deal,  
 
2. 10-UNIT, 100%-OCCUP, $5000/MTH RENT, 4th St., DESERT HOT SPRINGS, California 92240, Price: $503,670 ($489,000 +3 pts)
The owner currently owes $334,000 at 3.165% ($1,655 a mo. mortgage payment), $80K down plus $14,670 broker fees) and seller will carry second mortgage
10 units (*8 studio and 2-1bedroom apts.)
Pool Gates and secure complex. Separate electric meters, Apartments sit on 2 of 3 lots…extra buildable lot with all utilities included in sale
 
3. Cash Flow Properties in Southern California! (private portfolio) -
Price: $5,510,500 ($5,350,000 plus 3 points)
Cant cherry pick on this one. LOI + POF
The number of properties combined generates over $52,000 per month in income - single family residences and multi-family. These properties are high quality rehab with tenants in place. The seller is also extending his services to provide property management at a great discount if you want to proceed with purchasing this portfolio.
 
4. West Hollywood Apartments, 20 units total (condos), $18,025,000 ($17.5 plus 3 pts), LOI/POF  
 
 
5. 419 S Workman St, San Fernando, CA 91340, 3bed/1bathSFR, 902 sf, 5000 sf lot, Est repair: Minor improvement, Est rent: $1680-1750/month, Est mortgage: $1020-$1200/month, Cash flow: $520 (+/-), FMV: $220k (this is if you want to flip it as is)ARV: $250k-290k Asking: $180k, Submit LOI/POF, all cash
 
6. 655 Margaret ave, Los Angeles, CA 90022, 4bed/2bath SFR, 1710 sf, 4996 sf lot, Est repair: $20k (+/-), Est rent: $2200/month, Est mortgage: $1815/month, Cash flow: $385/month, FMV: $382k, ARV: $490k-$505k, Asking: $260,500, Submit LOI/POF, all cash
 
7. 352 Blackshear Ave, 4bed/2bath SFR, 2045 sf, 5400 sf lot, Est repair: $15-20k, Est rent: $2200/month, Est mortgage: $1610/month, Cash flow: $590/month, FMV: $305k, ARV: $365k, Asking: $281k, Submit LOI/POF, all cash
NEED END BUYER CONTACT ANGIE: spiveynotes@gmail.com
Current Grade: B+
Category: Marketing
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