Home > Blogs > Craig Elie > Craig Elie's San Fernando Valley Real Estate Agent Blog

Investor's Diamond - Section 8 - Cashflow Positive

By Craig Elie

Real Estate Agent with Keller Williams Realty

May 05, 2008 05:24 AM

Craig Elie | Keller Williams Realty - Northridge | 818-322-5696

1551 E Avenue J5 Ave, Lancaster, CA

Investor Cashflow Diamond - Section 8 - Just passed Inspection 4-07-2008

3 Bdrm Single Family House

offered at $140,000

Year Built	1991
Sq Footage	1,492
Bedrooms	3
Bathrooms	2 full, 0 partial
Floors	1
Parking	2 Car garage
Lot Size	6,060 sqft
HOA/Maint	$0 per month

DESCRIPTION

*Do not Disturb Tentants - Drive by Only - Subject to Inspection* Investers delight. Tenant occupied Section 8 $1550/month! = positive cash flow. Just past inspection 4-07-2008 Beautiful single story formal living and dining room, great room and breakfast area, nice kitchen, and large back yard also laundry room. *Short sale* Buyer to verify all info. Buyer to honor tenants lease of $1550/month - Section 8!