Help! -Should I buy this Condo (SS)? ( Alhambra, CA 91801)

I'm not familiar with the area. Is it a good location for investment? Please help!

Same complex as this one:

http://www.redfin.com/CA/Alhambra/88-E-Bay-State-St-91801/unit-3M/home/12286042

All Cash $390k,HOA $300/mo

2000sq.ft, 3b/3ba, Built 2006. Sold for $610k in 2006

There is a HOA lawsuit going on (cannot get a loan)

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• good location in Alhambra -LAREALTOR- ♂ (98 bytes) () 10/10/2012 postreply 10:02:08

• Is the price a good deal? -LuLu6667- ♀ (0 bytes) () 10/10/2012 postreply 10:24:58

• yes, it's a good deal. -LAREALTOR- ♂ (86 bytes) () 10/10/2012 postreply 23:33:47

• Most landlords would say NO, but -beachlver- ♂ (233 bytes) () 10/10/2012 postreply 10:09:34

• Thank you! Why? Most landlords would say NO, but -LuLu6667- ♀ (296 bytes) () 10/10/2012 postreply 10:31:53

• OK, you already know the cashflow is not good -beachlver- ♂ (635 bytes) () 10/10/2012 postreply 16:23:24

• 回複：Help! -Should I buy this Condo (SS)? ( Alhambra, CA 91801) -HindIII- ♂ (145 bytes) () 10/10/2012 postreply 10:45:14