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First Investment Purchase – 10833 Mansel Ave, Inglewood

First Investment Purchase – 10833 Mansel Ave, Inglewood

Client Goals:
Interested in purchasing their first investment property in an up-and-coming area in the South Bay. After buying their home, they were determined to enter the real estate market as investors.

Why Lyon | Stahl:
They wanted to work with a firm that would give them the greatest opportunity of closing on the right deal in a highly-competitive market.  There were three qualifying assets our clients valued in determining which firm to work with: accessibility to a large inventory of off-market and on-market deals, stronghold on the market share, and a proven track record.

Process:
We first identified our clients’ specific buy-side criteria in order to narrow down the pool of deals that would be suitable for their investment goals. Using the auto-email feature on the MLS, our clients were regularly updated with new listings that fit their investment parameters. In addition, we presented them with our exclusive off-market deals that are not available on any listing service. When our clients were ready to write an offer, we guided them through the entire process to ensure their offer was as competitive as possible.

Outcome:
Successfully purchased an off-market property in Inglewood with steady cash flow and significant upside rent potential. The 4-unit apartment building fit their goal of acquiring a value-add deal in a the rapidly appreciating City of Inglewood.