In most cases, when we’re talking about real estate investing, we would not be talking about single-family homes.
Real estate investors are usually better off buying multi-unit properties such as apartment buildings, townhouses, duplexes, condos and so forth because, if purchased properly, they can generate more cash flow.
However, there are certain times when scooping up a single-family home as an investment property makes a lot of sense, especially if you’re looking into buying a foreclosed home.
If you want to diversify your real estate portfolio and find another income-generating property in the Los Angeles area, then check out the following foreclosed single-family homes that will be going up for auction soon.
1. Alvern St., Ladera Heights
- Opening Bid: $542,286
- Auction Date: November 8
- 2,935 square feet
- 4 bedrooms
- 4 bathrooms
2. Sanchez Dr., Baldwin Vista
- Opening Bid: $644,102
- Auction Date: November 8
- 1,490 square feet
- 3 bedrooms
- 2 bathrooms
3. W. 58th Place, Los Angeles
- Opening Bid: $457,394
- Auction Date: November 14
- 1,072 square feet
- 2 bedrooms
- 1 bathroom
4. Hillcrest Dr., Los Angeles
- Opening Bid: $452,109
- Auction Date: November 17
- 1,275 square feet
- 3 bedrooms
- 1 bathroom
5. Coliseum St., Baldwin Vista
- Opening Bid: $489,258
- Auction Date: November 17
- 1,815 square feet
- 2 bedrooms
- 2 bathrooms
6. Degnan Blvd., Leimert Park
- Opening Bid: $608,201
- Auction Date: November 17
- 2,082 square feet
- 3 bedrooms
- 2 bathrooms
7. Presidio Dr., View Park
- Opening Bid: $627,277
- Auction Date: November 18
- 2.555 square feet
- 3 bedrooms
- 3 bathrooms
8. Don Luis Dr., Baldwin Hills
- Opening Bid: $52,215
- Auction Date: November 22
- 2,905 square feet
- 3 bedrooms
- 4 bathrooms
9. W. 59th Place, View Heights
- Opening Bid: $186,801
- Auction Date: December 1
- 968 square feet
- 2 bedrooms
- 1 bathroom
The goal of this post was to give mom-and-pop investors an idea of what types of investments are available in the Los Angeles foreclosure market without having to read through dozens of pages full of legalese.
If you want more information about any of these properties in an easy-to-understand format with actionable steps, then schedule a consultation with us today.