Agent Experienced, local and aggressive buyers who close on time.

Our Process

Our Process Couldn’t Be More Simple and Effective

Submit a form

Send us the property address and any important additional comments

We make you an offer

We analyze and if possible visit the property to give you the best offer

Sold!

As experienced and trusted buyers we make the process smooth and close on the sellers timeline

31+

Years Experience

410+

Houses Purchased

Acquisition’s Criteria

  • Prime Areas of LA : Silver Lake, Los Feliz, Atwater, Hollywood, Hollywood Hills, Larchmont, West LA.
  • Single Family Homes that need significant repairs or need to be sold quickly.
  • Conforming Properties.
    • No Busy Streets
    • No Shared Driveways
    • Residential Streets
  • Purchase Price : $600,000 – $3,000,000.  We are willing to fluctuate in our purchase price depending on the deal.
  • Single Story Additions
  • 1 year turn around. ( Purchase – Fix – Resell)

What agents are saying about NELA

  • "NELA Development purchased a hillside home that I had listed near Cal State Los Angeles. They investigated the property, submitted an outstanding offer, and purchased the home. The house was not in very good condition, but the people at NELA Development had excellent knowledge of the area, the local real estate market, and the potential of the property. The abided by all of the conditions that they set up in their original offer. They performed everything that they needed to do in a very timely manner, and the transaction went through without any problems.
I look forward to other business dealings with the people at NELA Development. Very competent and professional."

    Wayne H.Realtor

  • "I was the listing agent on a probate home for sale in El Sereno. The home needed major repair and would not qualify for a standard loan purchase. NELA Development made a strong offer, higher than the other 7 offers in hand, and was able to purchase it as-is. This was a huge relief to the probate court. After the sale was approved by the court, NELA Development quickly sent the funds over needed to close the transaction. I will definitely be doing more business with them."

    Ramiro R.Realtor

  • "I was the listing agent on a property sold in El Sereno and NELA Development had made a very strong offer. They mad this transaction very easy and smooth. We were able to close escrow in less than 9 days. I was glad to be a part of this transaction and would definitely work with their team again!"

    Nathan A.Realtor

  • "The staff at NELA Development are professional, full of knowledge and honest. Transaction went smooth from the first day up until we closed escrow. I was super pleased with everything and It truly was a pleasure doing business with them. I look forward to many future dealings with NELA Development and glad to be able to share my experience with others. Thank you!!"

    Raffi S.Realtor

  • "I am glad that NELA Development found my listing...The transaction was closed very smoothly and professionally. The team shows great teamwork. I am looking forward to more working experiences with them."

    Rosi U.Reeline Realty

  • "I trust that you are thriving in every way. Thank you for a smooth escrow. I must confess that it was the fastest and smoothest I have experienced in my 25 years in the real estate business. I have enclosed keys to the padlock on the gate to the back of the property. There is a trailer left behind by the brother of a past tenant. I have not been successful in reaching him! I wish you the best with the property you just purchased, in all your positive business dealings and for a wonderful holiday season."

    Louis J.Realtor

What You Get With NELA

The beautiful thing that comes with experience is the ability to relax. You know when we put an offer in that we have done our research, we are factoring in all elements, and we wont embarrass you with huge price deductions and delays. We have been in Business since 1988. In order to continue growing a thriving business since that time we must be doing something right. We know you can look for other investors and someone else might be a fit for a different type of project. But when you have a distressed Single Family Home in Prime Areas of Los Angeles.

Take the first step and request an offer today!