Los Angeles Cash Buyer Of Houses And Apartments
Urban Street Ventures is committed to helping revitalize the approximately $25 trillion worth of aged U.S. housing stock by providing move-in ready homes and rental housing for Southern California residents.
Need To Sell Your House Or Apartment Quickly? You Have Options
Traditional Way:
Time Consuming Selling Process
- Interview and select real estate agent
- Complete basic eyesore repairs
- Stage property
- Post property on public listing service
- Open houses and showings
- Wait for offers
- Open escrow and hope the buyer performs
The Modern Approach:
Sell To Urban Street Ventures
Urban Street has been buying houses and 2-50 unit apartments in the LA Metro Area for almost 30 years. Homeowners to large institutional sellers, all look to Urban Street for fair cash offers with straightforward offer terms. Once under contract, Urban Street has a track record for on-time and hassle-free cash purchases. Whether driven by market cycles, financial distress, or personal dislocations, Urban Street stands ready to meet the needs of property sellers requiring a quick sale. Get your cash offer now.
We Buy Property: Any Situation Or Condition
At Urban Street, we are seller friendly real estate investors. We understand that property owners encounter many different scenarios during their lifetime--some requiring them to raise cash quickly. Knowing this, we structure our cash offers to best fit the seller's needs.
- Foreclosure
- Bankruptcy
- Tenant Issues
- Property Violations
- Divorce
- Probate Sale
- Job Relocation
- Short Sale
- Downsizing
- Hoarder House
- Fire Damage
- Mold Damage
- Need Quick Cash
- Avoid Public Exposure
- Late On Mortgage Payments
3 Simple Steps To Get Cash For Your Property
Get Fair Cash offer
Send us your property address and other pertinent information and we’ll generate a no obligation cash offer within 24 hours.
Site Inspection
If price is agreeable, we schedule one of our field representatives to conduct a brief walk-through of the property.
Open Escrow
The hard part is done! A standard California purchase contract is drafted. We handle all the paperwork.
Sell To A Large I-Buyer Or Urban Street Ventures?
I-buyers are thirsty for capital to feed their high volume buying needs. Most of these companies get their money from wall street, which in return want to see ever increasing growth and revenues. I-buyers take a cookie cutter approach to buying and only acquire newer properties needing lipstick repairs which makes scaling their operations much easier. If your selling situation requires a more customized approach, then Urban Street is the right choice for you.
| Feature | Large I-buyers | Urban Street Ventures |
|---|---|---|
| SERVICE AREA | Nationwide. No Local Knowledge | We're local real estate investors: All Southern California Counties: Los Angeles County, Orange County, Riverside County, San Bernardino County, San Diego County and Ventura County |
| TARGET PROPERTY TYPE | Only buys homes that are newer and need minor "lipstick" repairs | Urban Street buys houses and apartments with light or significant repair costs. |
| OFFER PRICE | Auto-generated offer prices | You get fair cash offers because Urban Street takes property and local market factors into consideration |
| CUSTOMER FOCUS | Impersonal customer experience | With Urban Street, you get direct communication with a live person |
| OFFER TERMS | More rigid offer terms | Urban Street makes the selling process bearable. You get a fair offer for your apartment or house fast and the process is stress free. |
Save On Selling Costs With A Cash Offer
Selling costs are generally lower when selling to a cash buyer. In a traditional sale, the seller typically pays commissions which can range from 5% to 6% of the sale price. In addition, the seller has other costs such as repairs, staging, and closing costs.
| Selling Expense | Traditonal Sale | Cash Buyer |
|---|---|---|
| HIRE REAL ESTATE AGENT | Commissions fees | Principal. No realtor fees |
| STAGE PROPERTY | Recurring monthly cost | Not applicable |
| EYESORE REPAIRS AND CLEANING BEFORE MARKETING | $1,000's of dollars | Not applicable. Purchased as is |
| BUYER REQUEST FOR REPAIRS | $1,000's of dollars | Not applicable. Purchased as is |
| TERMITE | $1,000's of dollars | Not applicable |
| HOMEOWNER WARRANTY | $500 TO $1,000 | Not Applicable |
| BUYER CREDIT | $1,000 TO $20,000 | Not Applicable |
| CLOSING COSTS | $1,000's of dollars | Closing Costs Negotiable |
Request Your Cash Offer!
Fill out our online form. We will give you our best cash offer quote.
Frequently Asked Questions
Urban Street is primarily a buyer of houses and apartments, but does consider these other property types:
- Retail
- Industrial
- land
We actively buy homes and apartments in all five Southern California counties: Los Angeles, Orange, Riverside, San Bernardino, San Diego and Ventura.
Yes! We have bought many probate properties throughout the years and are very familiar with the process.
Our cash offer has no loan or appraisal contingencies. We include a short physical inspection contingency which is anywhere from 2 to 7 days.
We often receive leads from agents and brokers. We are principals, so they can represent us on the deal. It doesn't have to be their listing. Urban Street offers hassle free purchases, so agents always look good to their clients.
Unlike many other so-called real estate investors, we do not wholesale properties. Since founding, we have only acted as buyers. We do the heavy lifting of redeveloping properties with the help of our construction crews.
Urban Street has the deep pockets to buy all deals that make sense. We can make fair cash offers for a single deal or bulk package of properties.
Most other cash buyers only flip properties. At Urban Street, we also hold properties as multi-year investments. Our in-house property management division handles the day to day operations.
Recent Cash Purchases
HOUSE, LOS ANGELES
Urban Street tore down existing structure and is constructing a new single family detached home
HOUSE, GARDENA
Urban Street purchased home as is and in poor condition with significant repairs needed. Property agent who brought us the deal re-listed the property after renovation
APARTMENTS, LOS ANGELES
Urban Street purchased five apartment buildings from same property owner. The purchase price was significantly below market value. The apartments were mismanaged and required costly repairs
CONDO, COMPTON
Urban Street paid cash and was able to close escrow quickly. The seller was a real estate investor who overextended themselves and needed a fast sale.
RETAIL BUILDING, LOMITA
Urban Street paid cash for this retail strip center. Post acquisition strategy includes site improvements and lease out of vacant units.
APARTMENTS, LOS ANGELES
Urban Street purchased two side by side triplex's in the city of Long Beach. Post acquisition strategy includes interior and exterior upgrades to the property.
APARTMENT, LOS ANGELES
Urban Street purchased this five unit apartment building from a seller who needed fast cash for their property. All units were vacant at the time of purchase,
HOUSE, LONG BEACH
Urban Street completed a cash purchase of this hoarder house in Long Beach. Seller wanted an off market private transaction and buyer to assume responsibility to remove all items left behind at property.