Silverlake, Los Feliz and Hollywood.

The other buildings in the area are mostly 70's era apartment buildings and brand new townhome complexes.

We did one..we bought the home next door & initially we got $820/mo in a 70's era SFH in very very tired shape.When they moved after 5 years we rehabbed it for $18k & got $1400/mo & that was 6 years ago.We did bump the rents over 2 more tenants (now $1650/mo) but the current tenants do all the maintenance.When the 20 yr old HW tank burst at the seams they shut everything of, cleaned up the mess.

Que Sera.

The 'clearance' above the ceiling is full of 1960's era powdered insulation so good luck pulling wire.They are using my tile guy & he is tearing out what's left of his hair trying to get work done & he's been there 3 weeks.

@Robin BoyerI'm in Los Angeles (Los Feliz specifically).

I have 3 houses on a lot in the Los Feliz/SilverLake area that I will be selling soon, and would like to do a 1031 exchange, so timing would be a factor.

Il y a plusiers d'endroits où l'hypothèque sera payée de l'autre moitié.

Currently investing in Artesia, but I'm interested in Hollywood Heights, Glendale, Burbank, Los Feliz and adjacent areas at the moment.

Check zip 34120 you should be able to find some 1980's era block homes for 40-80k that will rent for $1200 a month.