Selling Success: Case Study #3 341 N Genesee Ave, Los Angeles, CA 90036 Sales Price: $1,901,250 Background: Two of its units had been stripped down to the studs and a recent garage fire rendered it ineligible for conventional financing, necessitating transactions with cash or 1031 exchange buyers. Given the challenging nature of the current market, finding a suitable buyer posed a formidable task. Result: Despite facing considerable obstacles, we used our expertise in marketing and extensive network to identify a cash buyer capable of submitting a non-contingent offer. Remarkably, we ..read more

  Selling Success: Case Study #2 11320 Osborne St, Lake View Terrace, CA 91342 Sales Price: $1,060,000 ??????????: The owner had a non-negotiable price and required a 30-day leaseback to allow time to find and purchase a replacement property prior to moving out.   ??????: Not only did we successfully sell this property for $10,000 above the asking price, but we also secured a 30-day leaseback at the buyer's expense, completely free for the seller. This arrangement enabled the seller to transition to their new property seamlessly, without any additional stress. Currently, we are in e ..read more

  Selling Success: Case Study #1 10440 Kurt St, Lake View Terrace, CA 91342 Sales Price: $1,105,000 Background: The owners needed to relocate out of state in a few weeks and were eager to sell their property swiftly to avoid the burden of simultaneous housing payments. Result: After my initial meeting with the sellers, we immediately got started on the marketing materials and we were listed on the market four days later. Within five days of that, we received multiple offers and went into escrow. The entire process, from our first meeting to the close of escrow, took 29 days, and the prop ..read more

Have you thought about getting started in real estate investing but are not sure where to begin? As an experienced real estate agent in Los Angeles, I'm here to guide you through the process. Goals First and foremost, it's important to define your investment goals. Are you looking for short-term gains or long-term wealth? Do you want to invest in residential or commercial properties? These are important questions to ask yourself before making any investments. Education Once you've established your investment goals, it's time to educate yourself on the real estate market. I highly recommend att ..read more

While rising interest rates can certainly impact the real estate market in various ways, including property values, there are many reasons to be optimistic about the future of your property's valuation. Rising interest rates are often an indication of a healthy and growing economy. As the economy improves, demand for real estate typically increases, which can drive up property values. Additionally, rising interest rates can make it more difficult for individuals to secure financing for new purchases, which can lead to an increase in demand for rental properties. This increased demand can resul ..read more

What Does Gross Rent Multiplier Mean? When it comes to investing in real estate, there are many metrics that investors use to determine the potential profitability of a property. One of the most commonly used metrics is Gross Rent Multiplier, or GRM. In this article, we will explore what GRM is and how it can help you evaluate your investment property. GRM is a ratio used by real estate investors to determine the value of a rental property in relation to its gross rental income. Essentially, it is a way to evaluate how much income a property is generating compared to its purchase price. The ca ..read more

If you're looking to sell your apartment building or multifamily income property in Glendale, you are probably searching for the best real estate agent to help you navigate this type of complex transaction. The team at Archie Robb – Los Angeles Real Estate has years of experience in the real estate industry and a deep understanding of the Glendale income property market. Archie Robb can help you sell your property quickly and for the best possible price. Here's how Archie Robb - Los Angeles Real Estate can help you sell your apartment building or multifamily income property in Glendale: A deep ..read more

A 1031 exchange is a tax-deferred exchange that allows investors to defer paying capital gains taxes on the sale of an investment property by using the proceeds to purchase a similar property. Here is a basic strategy for a successful 1031 exchange: Identify the property to be sold: The first step is to identify the property that you want to sell and then find a replacement property to purchase with the proceeds from the sale. Use a qualified intermediary: To complete a 1031 exchange, you must use a qualified intermediary (QI) to handle the transfer of funds from the sale of the old proper ..read more

This blog page will be updated frequently with news, company announcements and other relevant information. We will also be posting valuable information that will help answer some of your questions about commercial real estate. Please check back soon to see the next blog post ..read more