Check out the nearby members and network https://www.biggerpockets.com/meet , it will help you a lot to find partners that can help you out in investing.

Who owns the mineral rights they don't always transfer with the property.Another likely scenario is it could of been a lay down yard or similar for nearby project..

I fear that while Toluca Lake/NoHo are decent areas with studios nearby (for hedging of market correction risk), 2 br condos are already at $500K and therefore further upside might be limited.

Recent nearby sales indicate we could sell at 6-7% appreciation since 2015. 

Generally speaking, every 5 mile circle in the country represents a "market" for storage and what happens in one is of little consequence to the others (even those very nearby). 

If I was you , I would ask my agent to provide 3 or 4 comp nearby (with in 5 mil) with detail expense so to  analyze. 

We're looking in nearby but out of county areas and in other states such as AZ and TX. 

Facebook expanding to that new tower at Willow and 101, and gobbling up all nearby buildings near HQ is front and center in my decision process. 

They live in a 4plex I own nearby.

@Matt GibsonThanks for replying Matt.I have spoken with 2 banks and they said they would not give me a mortgage for the property because the one unit needs 6 windows and some siding work outside.I have about 15k in cash which is not enough to buy the house but it’s enough to do the repairs and then refinance it.The bottom unit is renting for 600$ up unit it can be rented for 500$ and the back unit can be rented for 400$.So 1500$ total in rent.There are 3 duplex’s for sale near by with range from 109k-120k