My assumption is that the county classifies this as a 2-story home rather than a 1-story with a finished basement.

Since the property is in Los Angeles County, I expect the eviction could take 4-6 months, followed by another month or two to secure new tenants.

"@ Frank ChinIn this specific instance, it is undeniable that a house was built on that property more than 15 years ago simply based on Google Earth data, but you can see by the county assessor records that the house on the subject property was built in 1950 and then the property encroaching was built over the property line shortly thereafter, in 1951.@ Matt Devincenzo,From the info in your post, the land does not seem to have officially been taken by AP.

PRO TIP: Some counties will work with you as the new "owner" on code violations.

If it was secured by real estate then there should be a mortgage recorded at the county and those get transferred by a corresponding assignment of mortgage.

Prime LA Beverly hills  Bel air  Prime orange county anything on the ocean. 300k would be average I suspect ..

well you have your own answer there are no lenders for entitlements  there are JV partners like me for entitlements but its not at traditional lending rates of course as its all risk capital.WI funded 3 entitlement deals in 2024 in Loudan  county VA to the tune of 7 figures in cash. since my client does not own it its unsecured ..

I intentionally keep mine in a different county than I live in too, just in case they do notorious serious or something.I don't own many rentals these days, but if I did, id have one of the online pay services or set up an ACH on their paydays.

With 3 kids living in one of the most expensive parts of the county with $8K..

The metro area’s core six counties straddle the border between the states of Missouri (4 counties) and Kansas (2 counties).