In a challenging market, we just closed on this beautiful 2BR/2BA condo in Westwood!
SOLD FOR $758,000
The owners chose to work with us based on our online reviews and preferred to work with a brokerage that also offered property management.
- This condo on the doorsteps of UCLA was owned by a family for over a decade. All their kids went to UCLA and have now grown up.
- After kids graduated, family kept the condo and rented out primarily to UCLA students.
- Family reached out to Tiao Properties for property management based on our social media reviews.
- They wanted a management company that did brokerage, as they were considering a sale.
- TP (Tiao Properties) took over property management from another management company and worked with the family until the current tenants vacated the property.
- When tenants vacated, TP put together comps and determined the best marketing strategy for the sale.
- Sellers had limited resources — so TP put together a marketing plan that included digital staging and outreach to potential buyers — identified primarily as UCLA families.
- Based on our marketing strategy, TP got the Sellers multiple offers, and ended up representing the buyers who were a UCLA out-of-state family.
- Helped navigate for the buyers (who had never bought in CA before) all of the regulatory paperwork for the purchase.
- Closed on this deal last week. Buyers are super happy that their son has a place to live and some income from a 2nd bedroom rental.
- Sellers very happy and looking to invest in a 1031 exchange property.
Whether you are looking for property management, to buy/sell or need to navigate a 1031 exchange — We can help you receive the best return on your investment with strategic marketing and our extensive industry knowledge.
Contact Will Tiao at (323) 363-1096 or firstname.lastname@example.org more information.