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Updated 2 days ago on . Most recent reply

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213
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133
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Thomas Lorini
  • Real Estate Agent
  • Irvine, CA
133
Votes |
213
Posts

📍 Still Deal Flow in LA/OC if You Know Where to Look

Thomas Lorini
  • Real Estate Agent
  • Irvine, CA
Posted

For those watching LA and Orange County: yes, prices have softened in places, but deals are still happening — especially for flippers and small multifamily buyers.

I recently helped a client get into a duplex in Anaheim, and we’re currently analyzing a few more in South LA.

I'm also in the process of listing a flip for a client of mine in the North Tustin area, should go live in the next few weeks. 

The key? Knowing the zoning, renovation costs, and investor-friendly financing options.

For those considering flipping, there is a decent spread in the 1.3M-1.5M purchase price with an exit in the 2.2m-2.4M as most buyers are looking to purchase a turnkey home that feels like new. Most SFH were built decades ago and show their age, with the right team you can execute and turn in a tidy profit.

If you're buying, flipping, or holding in SoCal and want to compare notes — let’s connect!

Thomas

  • Thomas Lorini
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Thomas Lorini at eXp Realty of California
5.0 stars
38 Reviews

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