11 Reasons To Put Your Money Into Foreclosed Single-Family Homes NOW

Are you looking for a great real estate opportunity in the Los Angeles area? We have breaking news for you—real estate prices are dropping.

Mom-and-pop investors: this is the perfect time for you to get into the ever-growing real estate market in our area.

As most people know, the real estate market in the Los Angeles area has always been a booming one. Year after year, the population continues to increase and so do the housing prices, making it a desirable place to invest. However, the recent drop in real estate prices in certain areas should be a sign for investors who are looking to find a great deal on an income-generating property.

Want to know one of the best ways you could benefit from this sudden plunge?

Scooping up one of the following foreclosed single-family homes that will be going up for auction soon.

This month, we’ve got our eyes on 11 properties that are all good deals for investors. They’re all in:

• Baldwin Hills
• Inglewood
• Leimert Park
• Los Angeles
• View Park

In fact, one foreclosure in View Park just sold for $378,760. That’s about $400,000 below market.

If you’re interested in diversifying your real estate portfolio and you’re looking for a cash-flowing property that is under the radar in our area, then these deals might be worth checking out.

1. Valley Ridge, Los Angeles

• Opening Bid: $14,192
• Auction Date: February 10, 2023
• 1,599 square feet
• 3 bedrooms
• 2 bathrooms

2. Don Luis Dr., Baldwin Hills (SOLD for $751,000)

• Opening Bid: $52,215
• Auction Date: January 10, 2023
• 2,905 square feet
• 3 bedrooms
• 4 bathrooms

3. 62nd St., View Park (SOLD for $378,760)

• Opening Bid: $378,760
• Auction Date: January 4, 2023
• 1,591 square feet
• 3 bedrooms
• 2 bathrooms

4. 6th Ave., Leimert Park

• Opening Bid: $395,673
• Auction Date: February 14, 2023
• 1,969 square feet
• 3 bedrooms
• 3 bathrooms

5. 80th St., Inglewood

• Opening Bid: $416,742
• Auction Date: February 23, 2023
• 1,325 square feet
• 3 bedrooms
• 3 bathrooms

6. Grayburn Ave., Leimert Park

• Opening Bid: $530,693
• Auction Date: February 23, 2023
• 1,443 square feet
• 3 bedrooms
• 2 bathroom

7. Dublin Ave., Leimert Park

• Opening Bid: $586,964
• Auction Date: February 28, 2023
• 1,687 square feet
• 3 bedrooms
• 2 bathroom

8. Degnan Blvd., Liemert Park (SOLD for $761,500)

• Opening Bid: $608,201
• Auction Date: November 17, 2022
• 2,082 square feet
• 3 bedrooms
• 2 bathrooms

9. Presidio Dr., View Park (SOLD for $906,000)

• Opening Bid: $627,277
• Auction Date: December 12, 2022
• 2.555 square feet
• 3 bedrooms
• 3 bathrooms

10. Hillsdale St., Inglewood

• Opening Bid: $669,279
• Auction Date: February 14, 2023
• 1,279 square feet
• 2 bedrooms
• 1 bathrooms

11. Don Zarembo Dr., Baldwin Hills

• Opening Bid: $733,647
• Auction Date: February 23, 2023
• 2,056 square feet
• 3 bedrooms
• 3 bathroom

If you want more information about any of these properties in an easy-to-understand format with actionable steps, then visit our Deal of the Week page, fill out your contact information and we’ll send you a free analysis..