Amazing Valley Village Fixer Opportunity

[Jesus Yinh]

Property is under contract and ready to be assigned... $10k PRICE REDUCTION!!!

12844 La Maida St Valley Village, CA 91607

SFR

3 bed

3 bath

2,049 sf

Lot: 7,476 sf

New Purchase Price: $725,000 (fee included in price)

EMD: $20,000

Repair Est: $110,000

ARV: $1,110,000

*Seller will lease back property for 1 month after close of escrow at $1,500/month*

Property is shown by appointment only. Please email to schedule showing.

EXCELLENT OPPORTUNITY FOR INVESTOR / OWNER TO REMODEL OR TEAR DOWN THIS PROPERTY IN PRIME LOCATION ON THE BORDER OF STUDIO CITY AND SHERMAN OAKS. NICE AND QUITE STREET JUST NORTH OF RIVERSIDE AND EAST OF COLDWATER CANYON. APPROX 7500 SF ALL FLAT LOT. GARAGE WAS CONVERTED INTO 400 SF FAMILY ROOM (NOT INCLUDED IN LISTED SF), OR CAN EASILY BE CONVERTED BACK. CAR PORT PLUS ADDITIONAL PARKING IN FRONT YARD. ROOF REPLACED 4 YEARS AGO.

Comps:

4961 Alcove Ave Valley Village, CA 91607

Bed: 3 Bath: 2 SF: 1,887 Lot: 4,951 SD: 05/16/16 SP: $1,140,000

12647 Hesby St Valley Village, CA 91607

Bed: 3 Bath: 3 SF: 2,100 Lot: 7,803 SD: 05/05/16 SP: $1,170,000

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

Email: [email protected]