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Updated about 6 years ago,
1031 exchange magically turned a duplex in a fourplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Ventura.
Purchase price: $880,000
Cash invested: $120,000
1031 exchanged a duplex in Oak View CA purchased in 2009 to a fourplex in Ventura. Though it had some deferred maintenance it was still a great buy.