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415 Euclid Ave, Los Angeles, CA 90063

$340,000

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TWO UNITS OFF MARKET IN BOYLE HEIGHTS
$340,000
Negotiated 10 Year Seller Financing with 25% Down
Property Needs Extensive Repairs - Long Term Tenants
Excellent Views of DTLA!

Our client was happy with the execution and outcome of the sale of their apartment building in Boyle Heights earlier this year. They had previously listed this property with a friend for months with unsatisfactory results. We took over the listing and brought a very experienced buyer who did not renegotiate the price after inspections, took the property as-is with long term, low paying tenants, and closed on schedule! The Seller was able to retain their positive cash flow via a 10 year trust deed secured by the property, which the Buyer plans to extensively improve and add value to. It was a win-win for all parties. Congratulations to Buyer and Seller on achieving your investment goals. The Seller has lessened their management burden and secured cash flow for their children, and the buyer has purchased an excellent value - add opportunity.
ADDITIONAL INFORMATION
  • Area of Town: Boyle Heights
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Charlie & Dana Coronado
Keller Williams Realty
323-841-2911 ~ 310-562-9630
CalBRE# 01723306 / 01746702
  
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