Los Angeles Times

L.A. County house-flippers average over $140,000 in profit, study shows

LOS ANGELES - The flipping market is hot in Southern California, and for those who have the resources to rehab a home, six-figure profits await.

According to a new LendingHome study, which pinpoints California as a home-flipping hot spot, there were 151,873 homes flipped in the state from 2013 to 2017, with an average profit of $101,900.

Flipping refers to the

You’re reading a preview, subscribe to read more.

More from Los Angeles Times

Los Angeles Times4 min read
California Exodus Left A Gaping Population Hole. Can The Golden State Bounce Back?
Despite a recent uptick in population, California still has a long way to go to make up for the exodus that began in 2019 and accelerated during the pandemic. Though the state population grew 0.17% in 2023 — the first year of growth since the COVID-1
Los Angeles Times4 min readAmerican Government
Jackie Calmes: Whatever Big Oil Wants, Big Oil Gets. As Long As It Bankrolls Trump
What better sign could there be that we’re drowning in political outrage, that we’re inured to it, than this: A national newspaper scooped this month that Donald Trump gathered about two dozen oil industry executives for a chopped steak dinner at his
Los Angeles Times8 min read
Sammy Roth: Meet The Comedians Telling Hilarious Jokes About Climate Change
LOS ANGELES — Lots of people enjoy laughing at billionaires — but it wasn’t just any billionaires who were the targets of Esteban Gast’s recent comedic jabs at the Crow, an intimate comedy club just off Metro’s E Line tracks in Santa Monica. After ad

Related Books & Audiobooks