local politic DWP and Mesure B

I was pleased to see that the Measure B item failed.

This story form City Watch makes a lot of since to me. I was very actively involved with MVCC and so i really appreciate this story about how the community councils emerged as the leading opponent of the solar power plan, Measure B.

www.CityWatchLA.com/content/view/2330/

On paper... this apartment looks good

Have been out looking at the best GRM and the Strongest Rent Rolls for a few clients.

It is important to get out there and really look at it. If this one was not locked in by commercial usage it surely would be a deal. Or would it be at a higher multiple?



2009-04-21 Western Ave

Price Reduction - 6 units in Venice

Price reduced and a very good investment opportunity.

113 CLUBHOUSE AVE VENICE, CA 90291
$1,369,000
"A PRIME VENICE BEACH LOCATION WITH PARKING! LOTS OF OPPORTUNITY TO ADD VALUE AS ALL UNITS CAN BE DELIVERED VACANT AT CLOSE OF ESCROW. DRIVE BY ONLY, DO NOT DISTURB TENANTS"

See the Rent Roll and details on LII Web Site

If you get it Vacant and get all new Market Rents... What a good place to start.

Call me to review.

Keith Lambert - 310-391-0821

Builder / Invester - Build a Custom Home in Mar Vista

Rebuild and Fix this house
If you know where Mar Vista is in Los Angeles then maybe you will know that this little house is at a deeply discounted price. And if you happen to want to build or fix up a property then this may work for you.

Seriously fire damaged. Listed for $600,000 and needs to be rebuilt. Are you an SFR Investor or Builder? Can you build fast and efficiently?

Possibly 100 to 150 thousand to re due as a 1 story house,
and maybe 250 to 300 thousand to re due as a 2 story house.

When complete a real deal for this neighborhood.

Find more information and see photos at www.3448Colonial.com

There has been a lot of interest. It has been on the market for 5 days now. I have been running fast to show it as much as I can. Getting the word out to all the local sources.

This one will not last. Not at this fire sale price.

Keith L.
310-391-0821