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Updated over 8 years ago,

User Stats

51
Posts
16
Votes
Scott R.
  • Real Estate Broker
  • Los Angeles, CA
16
Votes |
51
Posts

Low Hassle Flip Opportunity in Hot Silver Lake Neighborhood

Scott R.
  • Real Estate Broker
  • Los Angeles, CA
Posted

This house has already generated a lot of interest prior to listing. It has been well maintained. The owner took a reverse mortgage against a year ago, and the lender was satisfied with the inspection report at the time. As always, buyer is recommended to order their own inspection, seller makes no warranties as to the condition of the house. House is being sold AS IS.

The house has a basement that runs along the length of the house, it has 3 rooms. The walls of the basement entry room have been adorned with boxes of high end spirits from the owner's alcohol wholesaling business. It would make for a perfect wine cellar. The bonus room in the basement has been converted into a bedroom, with a bed suspended from the ceiling via chains. The bedroom conversion is unpermitted, buyer to consult with the city about permitting the house as a 3 bedroom. The living room has a fireplace, but the chimney has been removed.

If you'd like to schedule an appointment, you can call/text me at (949)306-4867. Sight unseen offers are welcome as well.

Offering

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