Phenomenal Fixer in Venice

[Jesus Yinh]

Property is under contract and ready to be assigned... Serious buyers only!!!

2914 Ocean Ave Venice, CA 90291

SFR

2 bed

1 bath

943 sf

Lot: 3,700 sf

Purchase Price: $1,340,000 (fee included in price)

EMD: $15,000

Escrow Period: 10 days (fast closing needed)

Repair Est: $350,000 (add 1,500 sf to the existing structure and convert into a 4 bed 3 bath home with 2,443 sf)

ARV: $2,345,000

Click on link below to see video of the property:

https://crgnow.box.com/s/53xdt0rseiibeifdbrmv3pitlmfy7etx

Click on link below to see photos of the property:

https://crgnow.box.com/s/stjesahhsa0z1uhlek40sug696acjdga

Shown by appointment only... Email me to schedule showing.

A rare and fantastic opportunity in the coveted Silver Triangle neighborhood of Venice. The demo phase of renovation has begun, but the current owner’s change of circumstance will now allow you this dream home opportunity. Finish the remodel, or expansion, or start over and "tear down" to design/build the home of your dreams. Bring your contractor and designers. The location is perfect in so many ways. It's just a short stroll to the beach, pier, canals, and Abbot Kinney Blvd (“the coolest block in America). Plus restaurants, shops and convenience stores are all nearby. The property is being sold in "As-­Is" condition.

Buyer to do their own due diligence and comps...

Run your numbers and email me if interested. Thank you.

Jesus Yinh
CAPITAL REDEVELOPMENT GROUP LLC
Managing Partner
Direct: (310) 926-3844
Fax: (310) 317-7335