Have some cash and looking for a dynamic return? This condo is in Agoura Hills, and due to some conflict in the HOA or the management company there is pending litigation that has rendered their properties unsalable. No one will loan on this building until the litigation is resolved, some time in the future. So it's cash only. Once the litigation is smoothed out, I project these units will sell in the high 200k range. In the meantime, you can get cash flow from renting. But do your homework! There are many reasons why a condo may not be right for you, this is an example in the extreme.
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