3856 Potomac Avenue, Los Angeles, CA 90008

  • Acquisition Price:  $385,000
  • Disposition Value:  $635,000
  • Holding Term (months):  12

Purchased for $385,000 on 6/26/02 with a $10,000 credit for repairs. There were two vacancies at the time of sale. Increased monthly rent income by $1,200 in first thirty days of ownership and renovated the building. The property was sold for $635,000 on July 1, 2003.

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