fbpx

Great Deal Alert – Multi-Unit in Highland Park For $580,000

Highland Park, Los Angeles, CA, USA
Triangle 1 Created with Sketch. Great Deal Alert Triangle 1 Created with Sketch. $580,000  

It is generating $4880/mo in revenue and is being offered for $580K. A full inspection is needed, but it looks to be in pretty good shape. If you were to put down 25% and were to spend, say, $25K (at a estimate) to upgrade the property, you would be making 12.5% return on your cash !

Here’s a quick “GREAT DEAL ALERT” before it hits the air waves.

I have an agent friend who tells me about her listings before they go on the MLS. And this is a good one.

It is generating $4880/mo in revenue and is being offered for $580K. A full inspection is needed, but it looks to be in pretty good shape. If you were to put down 25% and were to spend, say, $25K (at a estimate) to upgrade the property, you would be making 12.5% return on your cash !

Not bad, especially for an upside neighborhood like Highland Park (which was voted by Redfin as the most up-and-coming RE neighborhood in the entire country!)

Let me know if you want to know more on this.

Property Map

Similar Properties