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Updated almost 9 years ago,
Duplex in S. Los Angeles-$300k with repairs, ARV $350-Househack
Hey guys, I'm considering putting in an offer for a duplex in South LA with 2 2br/1bath units; it has an ARV of over $350k, and with rehab it will cost me under $300k. Each unit can rent out for about 1200/mo... But I'm considering moving into one of the units.
Is this a good deal or should I look further for a better bargain? Are there any big pitfalls I may be missing here? Thanks for your help everyone!
(If you need me to be more specific just let me know)