Tired Landlord? Sell Your Rental Property in Los Angeles
Late rent. Surprise repairs. Phone calls at dinner. Rules that seem to change every year. If you are done being a landlord, you are not alone, and you have more options than you may think. CLM Homes buys rental houses directly for cash in Los Angeles, Van Nuys, North Hollywood and Inglewood. We can often work with tenants still in place, or with an empty unit. You choose the path.
- No repairs or cleaning
- No agent commissions on a direct sale
- You pick the closing date
- Stay in your home until closing
Or call (661) 313-4554
Get your no-obligation cash offer
Sound familiar?
- A tenant who pays late, or not at all
- Repairs that cost more than the rent covers
- A property you inherited and never wanted to manage
- A long-distance rental you can no longer keep an eye on
- Rules and paperwork that feel like a second job
- A property manager whose fees keep eating the profit
Your choices
Sell with tenants in place
Some buyers prefer a rented house and others do not, so it depends. Keeping tenants can mean a smoother transition for them. Leases generally continue after a sale, and the new owner steps in. We will talk through the lease terms with you.
Sell after the tenant leaves
An empty house is easier to show and repair. If a tenant is already moving out, tell us the date and we can plan around it.
List it the usual way
Listing with an agent of your choice is another route if that nets more. Showings with tenants can be tricky, though, and the house must usually be kept presentable.
Tenants can stay in place
Tenants do not have to move for us to buy. We arrange a quick cash sale with the tenants still living there, and you can also tell us if you would rather sell empty. Either way, check local rules for your city.
How it works
- **Call or send the form.** Share the address, number of units, rent, lease end dates and what is wrong with the place.
- **We review it.** We look at the property and the lease, then make a cash offer as-is.
- **You pick the closing date.** No repairs, no cleaning, no listing commissions on a direct cash sale.
About local rules
Los Angeles City and Los Angeles County have their own tenant rules, including rent stabilization and just-cause protections in some places. These rules vary by city and sometimes by property, so please check local law or talk with a landlord-tenant attorney before you give notices or plan a sale. We do not give legal advice, and we do not ask you to do anything that breaks the rules.
Cash offer vs. listing for rentals
A cash sale is quick and simple: no showings, no repairs, and often no need to wait for a tenant to leave. A listing may bring a higher price if the property is in good shape and well rented. If listing with an agent of your choice would likely net you more, we will tell you. If you are searching for a way to sell my house fast in Van Nuys and the rental is the problem, start with a call.
Where we buy
Los Angeles, Van Nuys, North Hollywood and Inglewood, plus Pacoima, Northridge, Hawthorne, Compton and more. See our areas.
Landlord questions
Do I need to evict first?
Not necessarily. Whether you should depends on your lease and local law. Ask a landlord-tenant attorney.
Will my tenant be told?
Tenants are part of the sale conversation. We will be respectful of them, and tenants keep their rights under their lease and the law.
What if rent does not cover the mortgage?
A sale can end that gap. The mortgage is paid from the proceeds at closing.
Can I sell a duplex or small multi-unit?
Yes. Send the details and we will take a look.
Are there tax issues?
Selling a rental can bring taxes such as capital gains. Please check with a CPA.
What happens to security deposits?
Deposits and prepaid rent are usually handled at closing between the seller and the buyer. Keep a clear record of what each tenant has paid. Your escrow officer or attorney can explain how it is credited.
Disclosure
CLM Homes may buy your property directly or assign its purchase agreement to another buyer. We are not acting as your real estate agent, and you are free to compare offers or list with an agent. Call (661) 313-4554 or email [email protected].
See what your house could sell for, as-is
No cost and no obligation. We’ll show you a cash offer and be honest about whether listing would net you more.
Or call (661) 313-4554