I intend to purchase a couple of purpose built multiple family properties in Los Angeles. Preferably Hollywood Hills, Downtown, Studio City. or Glendale CA.
I am also searching for an old style spanish property as a family home. I would prefer a property that I could renovate to my own taste.
My ideal location would be in Hollywood Hills. I am not afraid of hardwork , so I would consider a property that needs extensive but reasonable renovation.
I am open to advice and I am only looking at foreclosed properties at the moment. They seem to be the best deals around.