4035 Coco Avenue, Los Angeles, CA 90008

  • Acquisition Price:  $320,000
  • Disposition Value:  $875,000
  • Holding Term (months):  50

Ten-unit apartment located in Baldwin Hills. The property was part of an estate and suffered neglect. Purchased in March 2003 for $320,000, five of the units were renovated and the property was re-plumbed with copper and painted. The property was subject to City of Los Angeles Task force at time of purchase and all corrections were made. The property was sold in May 2007 for $875,000. 

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