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Updated over 9 years ago, 05/20/2015
LOOKING for small multi-unit properties in Southern California
I'm actively seeking a small multi-unit property investment (up to a 4-plex, will consider duplexes and triplexes as well) in Southern California. Open to properties located in LA, Inland Empire, San Bernardino County, etc.
Looking to buy and hold, so it needs to cash flow as rentals.
Hi Adam,
Are you open to working with an agent? I'm interested in helping investors in the OC/IE and am familiar with analyzing buy and hold properties, as I'm looking to purchase a small multi-unit in the next year as well.
Sincerely,
Kelly
Hi Kelly,
I would be very interested in working with you. Please reach out to me via my email.
Thank you.
When you find what you are looking for and need funding to acquire your next deal please feel free to Contact me. I will be glad to review your deal and let you know what options we can offer.
Still looking.
I'm even considering Single Family homes at this point.
Must be in an area in SoCal that is in demand enough to the point that it would be relatively easy to rent out to a tenant at a rate that would leave me with positive cash flow per month after the mortgage. Also must be in a No Rent Control area.
Let me know if anyone has anything
If you stumble across any 3 or 4 unit places in San Diego, that don't work for you let me know. I am actively looking to purchase a building or property with 3 or 4 units.
Thanks
Well, you'll have to look for multi family outside of L.A. and OC. Prices for a 4-plex are very high, and there is no cash flow. Unless you get lucky or you're playing the appreciation game, you should look outside CA. Even Vegas and Phoenix have little cash flow. Have you considered other markets/cities?