Previous Deals

 

6313 Middleton St, Hunting Park, CA 90255 (2008-2016)

14-units, rent control *(purchased just prior to 2008 market crash)

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- Purchase Price:                $ 1,150,000

- Equity Into Deal:             $   297,567

- Sold For:                          $1,600,000

- Net Profit:                        $   768,258

- IRR:                                      15.5%

- Return Multiple                     2.82x

 

341 S. Gramercy Place, Los Angeles, CA 90020 (2012-2018)

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12 Units, non-rent control

- Purchase Price:                      $2,350,000

- Equity Into Deal:                  $   715,000

- Refi 2015, returned               $    979,233

- Current Cash in Property:     $             0

- Current Value                        $5,200,000

- IRR based on Current Value       20.17%

- Return Multiple       3.56x                              

229 S. Normandie Ave Los Angeles, CA 90004 (2011-present)

20 Units, non-rent control

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- Purchase Price:                $2,925,000

- Equity into Deal:        $  911,340

- 2015 Refi returned:    $  747,846

- Current $ in Property       $  313,495

- Current Value                   $8,050,500

- IRR based on Current Value   21.96%

- Return Multiple                     4.9x