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Updated almost 4 years ago, 02/16/2021

User Stats

5
Posts
2
Votes
Lola Ajilore
  • Investor
  • Rockville, MD
2
Votes |
5
Posts

Duplex not selling in Los Angeles

Lola Ajilore
  • Investor
  • Rockville, MD
Posted

Hello All,

I have a duplex that I put on the market in Los Angeles 30 days ago and it has been really slow for showings and no offers.  One of the units is vacant and updated which I thought would make for a good owner occupier opportunity, as that is how I used the duplex before moving across the country.  The rented unit is bringing in $1750 which is just a little below market rate and the tenants are very stable and have been in the property for 5 years.  I thought I would put it here to get some input from the community as to what I could be doing better in order to get it sold or if the market is just a little difficult right now for multifamilies in LA.  Thank you!

https://www.redfin.com/CA/Los-...

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