Foreclosed Homes Keep Selling Below Market Value in the Los Angeles Area. Here Are Some More.

Mar 23, 2023 | Deal Of The Week

Attention all mom-and-pop investors! We’ve located some incredible deals on foreclosed single-family homes that are about to hit the market.

If you’re looking for the next big thing in income properties, then you won’t want to miss out on this latest opportunity.

A number of foreclosed single-family homes are about to become available in the Los Angeles area, and we believe this is an opportunity that shouldn’t be missed. Not only do these homes offer the potential for better returns on your investment, but they also come with some unique advantages that make them particularly appealing.

First of all, single-family homes are in high demand right now. With more people looking for space and privacy in the midst of the COVID-19 pandemic, renting a single-family home has become a top priority for many families. This means that there is a strong market for these types of properties, and investors who buy now could see a significant return on their investment in the coming years.

In addition to high demand, foreclosed homes are often sold at a discounted price. This means that investors who are able to act quickly and secure one of these properties could get a great deal. And with the right renovations and upgrades, these homes can be turned into beautiful, income-producing properties that will be in high demand for years to come.

Of course, real estate investing can be a complex process, and it’s important to have the right guidance and support. That’s where we come in. As a real estate brokerage with years of experience helping investors find great deals, we can provide you with the expertise and support you need to make the most of this opportunity. If you’re interested in learning more about these new deals in the Los Angeles area, keep reading.

Want a free analysis on any one of these properties? Visit our Deal of the Week page and leave us your contact information.

1. 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

2. 77th St., Los Angeles

  • Opening Bid: $121,881
  • Auction Date: April 4, 2023
  • 1,924 square feet
  • 2 bedrooms
  • 1 bathroom

3. 82nd St., Inglewood (SOLD for $487,000)

  • Opening Bid: $122,444
  • Auction Date: March 3, 2023
  • 1,134 square feet
  • 3 bedrooms
  • 2 bathrooms

4. 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

5. 6th Ave., Leimert Park

  • Opening Bid: $395,673
  • Auction Date: April 4, 2023
  • 1,969 square feet
  • 3 bedrooms
  • 3 bathrooms

6. Virginia Rd., Leimert Park

  • Opening Bid: $443,103
  • Auction Date: April 4, 2023
  • 1,267 square feet
  • 2 bedrooms
  • 2 bathrooms

7. 58th Place, View Heights

  • Opening Bid: $517,366
  • Auction Date: April 13, 2023
  • 1,780 square feet
  • 3 bedrooms
  • 3 bathrooms

8. 2nd Ave., Inglewood

  • Opening Bid: $534,772
  • Auction Date: April 5, 2023
  • 1,176 square feet
  • 4 bedrooms
  • 2 bathrooms

9. 7th Ave., Inglewood

  • Opening Bid: $581,699
  • Auction Date: March 24, 2023
  • 1,924 square feet
  • 2 bedrooms
  • 2 bathrooms

10. 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

11. 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

12. Shenandoah, Ladera Heights

  • Opening Bid: $716,074
  • Auction Date: April 11, 2023
  • 4,647 square feet
  • 5 bedrooms
  • 4 bathrooms

13. Redondo Blvd., Baldwin Vista

  • Opening Bid: $781,225
  • Auction Date: April 6, 2023
  • 1,603 square feet
  • 3 bedrooms
  • 1 bathroom

14. Don Felipe, Baldwin Hills

  • Opening Bid: $951,775
  • Auction Date: April 17, 2023
  • 2,464 square feet
  • 4 bedrooms
  • 4 bathroom

15. Chariton, Ladera Heights

  • Opening Bid: $1,775,700
  • Auction Date: April 5, 2023
  • 3,997 square feet
  • 5 bedrooms
  • 4 bathrooms

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.

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