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Updated almost 9 years ago on . Most recent reply

User Stats

37
Posts
8
Votes
Josh Wallace
  • REDONDO BEACH, CA
8
Votes |
37
Posts

Seeking 4plex Los Angeles West Side/Valley/Burbank/Pasadena

Josh Wallace
  • REDONDO BEACH, CA
Posted

Hello Bigger Pockets!

I am currently in the market for a four-plex on the west side of Los Angeles or Burbank/Pasadena/Valley area. I will have this as an owner occupied property starting out my investing portfolio. I am not afraid of putting forced equity into the property but if a turnkey is out there looking for a buyer at the right price, I will not turn that down. I am looking to use my VA Home Loan on the purchase (sorry, no cash offers).

If anyone knows of any deals currently out on the market, about to hit the market or if there are any investors looking to liquidate, I would love to have a conversation. 

Take care!

Josh

Most Popular Reply

User Stats

1,264
Posts
978
Votes
Logan Allec
  • Accountant
  • Los Angeles, CA
978
Votes |
1,264
Posts
Logan Allec
  • Accountant
  • Los Angeles, CA
Replied

Good luck, man.  I was in the market last year looking for quads in LA.  Everything was going for wayyyyy above asking, even stuff with long-term, rent-controlled tenants + long overdue deferred maintenance.  The prices were just crazy, so I went with a quad up in Santa Clarita.  Good luck and feel free to reach out about house hacking a fourplex.

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