Cash Buyer Of 2-4 Units
In Los Angeles
Duplex, Triplex and Fourplex Landlording
We all know the benefits of owning income property-- rental income, tax benefits and appreciation over time, to name a few. But there are downsides to consider as well. Owning rentals can be time consuming, there are uneven cash flows from delinquent rent, dealing with bad tenants and overall real estate market volitility. If owning rentals has you exhausted, Urban Street stands ready to provide a fair market price for your property.
Urban Street Buys 2-4 Units In Los Angeles
At Urban Street, we structure our cash offers to best fit the seller's needs. We understand that small income property owners encounter many different scenarios during their lifetime--some requiring them to raise cash quickly.
- 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
Urban Street Makes The Selling Process Hassle Free
Our seller friendly offer terms make all the difference
ANY PROPERTY CONDITION
We buy 2-4 units in as is condition. It doesn't matter if what shape your property is in. We are experienced buyers who work with heavy rehab, fire damage, mold, etc., on a regular basis.
VACANT OR OCCUPIED
We buy 2-4 unit buildings with or without tenants. If all or some units are occupied, we will need to get rent data in order to generate a cash offer.
SHORT ESCROWS
If you need to sell quickly in order to raise cash, we can close fast. We have real cash, so no need to search for money. You let us know what escrow period you need and we'll make it happen.
TENANT ISSUES
If some tenants are troublesome or are not paying rent, that is ok. We are prepared to tackle those issues after close of escrow. We are very familiar with eviction law and rent control.
Traditional Way To Sell 2-4 Units
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INTERVIEW LISTING BROKERS
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BUYER SHOWINGS BOTHER TENANTS
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APPRAISAL MAY COME IN LOW
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SIGNIFICANT COMMISSIONS AND CLOSING COSTS
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DURING ESCROW BUYER ASKS FOR PRICE DROP OR BUYER CREDIT
Urban Street Ventures Way
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NO LISTING BROKER NECESSARY
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ONE QUICK WALK-THRU OF UNITS
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NO APPRAISAL NEEDED
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NO COMMISSIONS. CLOSING COSTS NEGOTIABLE
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STRAIGHTFORWARD OFFER WITH MINIMAL CONTINGENCIES
You Get Straightforward Offer Terms With Urban Street
Urban Street's Standard Offer Terms
- Cash offer with current proof of funds attached.
- No loan or appraisal contingencies.
- Short Escrow period (typically 7 - 14 days, unless seller requests longer).
- "As-Is" condition ( no repairs requested).
- No Termite Repairs.
- No Homeowner Warranty
- Vacant or Occupied OK.
- 2-day physical Inspection period.
- Seller choice of escrow and title co.
Optional Offer Terms
- Urban Street assumes responsibility for personal items, trash, old cars left at the property.
- Urban Street closes escrow and gives seller extra days to move-out.
- Urban Street agrees to take responsibility for property violations.
- Urban Street agrees to take over eviction of problem tenants.