Check out this Eagle Rock Duplex: Is now the time to buy investment property?

Is now the time to buy investment property?

I have been showing income property and came across this Eagle Rock duplex.  Just reduced to $399,900 it totals 4 bedrooms, 2 baths.  Other details include an oversized single garage, one additional parking space and separate water meters. The smaller unit is currently rented for $1,100 and is not available for showing without an offer.  The unit we were able to view, offers hardwood floors and an updated bath.  The Realtor indicates that the vacant unit should rent for $1850, but that seems a little high - what do you think?

Interested in this duplex, or others? Call me!  

 

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  • 3/11/2009 4:26 PM Los Angeles Real Estate Blog wrote:
    My clients did make an offer on the Eagle Rock duplex. We are on counter offer # 4; we’ll see how this plays out. Yesterday, Natalie had an inspection for her most recent sale. I have yet to find a perfect home; today Natalie will be occupied with the inspection findings: understanding, explaining, and sometimes gathering more information (possibly further inspections). Work has started with Orange Grove, and there was an unexpected dilemma. The paneling was removed from the living room wall and one area of the brick is missing. I will need to ...
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