Updated almost 4 years ago on . Most recent reply
Thoughts on East LA Market
Hello fellow biggerpocket members. I hope this forum post finds you guys well. I was wondering if anyone currently invests in the East Los Angeles market, and if so how they currently feel about the market. I’ve done my due diligence on the area but I know people have different opinions. I would like to hear from my fellow members here at bigger pockets
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On multifamily, I think East LA can be a great market on long term holds if you focus on value add deals and have high down payments and reserves. Long term holds in LA are incredible investments.
Your other option is to buy a value add deal, improve it over a few years, and exit. With single family, NELA in general is great for flips, assuming you have a good crew.