View Flipping Highland Park in a larger map
Homes for sale or in in escrow shown in blue; red markers indicate homes sold during the previous year.
Home flippers have been busy buying and selling homes across Highland Park for sometime now, but some corners of the neighborhood are attracting more attention than others. Take for example Burwood and Strickland avenues east of Figueroa Street, where in the past year six homes within about a block of each other have all shown the signs of being bought and sold by investors (typically, house flippers buy, fix and sell a property within a year). Three of the homes, shown in red in the above map, sold within the past year while three (shown in blue) are currently on the market or in escrow. The newest fixed up flip to hit the market – an 858-square-foot bungalow at 6217 Burwood (pictured) – went up for sale this past week at an asking price of $419,000 – that is nearly $180,000 more than what the house sold for in November, according to Redfin. If this Highland Park block gets flipped out, where will investors head next?