Patrick.net

whose rental house is this?

By Mark D   Follow   Fri, 9 Nov 2012, 5:08pm   885 views   6 comments
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anyone at this site?

"* * * STANDARD SALE * * * Great Potential in historic area of Pico-Union! CASH or Conventional ONLY. AS-IS ONLY. * * * WILL NOT BE DELIVERED VACANT * * * PLEASE DO NOT ASK. Roughly 9 separate sets of tenancies. According to one tenant with whom I've spoke, there are 3 bedrooms on right, 3 bedrooms on left, 2 livings areas in attic, and 1 living area in back. Also, there are some substandard notices from housing and/or building and safety. This deal has lots of upside, but is not for the faint of heart. Falls within Rent Control Ordinance. Seasoned investors recommended. No rents are being paid. Actual rental amounts are unknown even if the tenants were to pay. Tenants have attorney representation with Basta."

http://www.redfin.com/CA/Los-Angeles/1802-W-12th-Pl-90006/home/6932445

PS. note the number of bathroom

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1. E-man Follow Befriend (31) 34 threads 2,545 comments San Jose, CA Premium

   1   12:38am Sat 10 Nov 2012   Share   Quote   Permalink   Like   Dislike   Protected   @iwog and @robertoaribas. Please claim your prize. :) I helped an investor acquired a SFH off-market in downtown San Jose last year for $175k cash. The house has 3 bedrooms 1 bath. The previous owner converted the living into a 4th bedroom and the basement into the 5th bedroom. Rent is $600/room included utilities. So yes, I've seen roomy house before, but not to the extent you described above.

2. humbleEngr Follow Befriend 8 comments

   2   8:09am Sat 10 Nov 2012   Share   Quote   Permalink   Like   Dislike   @E-man , how'd you find such a thing? Curious, I'm thinking about moving from Texas up towards San Jose.

3. E-man Follow Befriend (31) 34 threads 2,545 comments San Jose, CA Premium

   3   10:09pm Sat 10 Nov 2012   Share   Quote   Permalink   Like   Dislike   Protected   humbleEngr says @E-man , how'd you find such a thing? Curious, I'm thinking about moving from Texas up towards San Jose. @humbleEngr, Most good deals are not on the market, or shall I say it's not easy to get good deals on the open market. I do marketing to find these deals.

4. SkyPirate Follow Befriend 4 threads 91 comments Atlanta, GA

   4   8:01am Mon 12 Nov 2012   Share   Quote   Permalink   Like   Dislike   If there was ever an appropriate time to post this, it is now:

5. Mark D Follow Befriend 63 threads 480 comments Simi Valley, CA

   5   8:48pm Mon 12 Nov 2012   Share   Quote   Permalink   Like   Dislike   SkyPirate says If there was ever an appropriate time to post this, it is now: what is it?!?

6. bubblesitter Follow Befriend (5) 10 threads 2,329 comments

   6   1:51pm Tue 13 Nov 2012   Share   Quote   Permalink   Like   Dislike   What a prized property. I can see,flocks of investors swooping on this one to get $200 a month return after all the crazy math.