OFF-MARKET OPPORTUNITY TO BUILD 2 HOMES IN WHITTIER

[Jesus Yinh]

This is a wholesale deal under contract and ready to be assigned... OFF-MARKET OPPORTUNITY TO BUILD 2 HOMES ON A SUB-DIVIDED LOT!!!

10201 Beverly Blvd Whittier, CA 90601

Vacant Land

Lot: 16,988 sf

Purchase Price: $480,000 (fee included in price)

EMD: $10,000

Repair Est: $425,000 (Lot split will be delivered finalized with 2 seperate APN's prior to the close of escrow. There is also approved plans that have expired to build 2 new homes, 1,800 sqft each on 8,000 sqft lot. Plans for homes can be quickly re-approved upon approval of lot split...They expired while waiting for the lot split to get apporved. Lot#1 - Beverly house - 1841 sq ft home on a 8400 sq ft lot. Lot#2 - Pioneer house - 1866 sq ft home on a 8265 sq ft lot)

ARV: $1,225,000 (for sale of 2 homes)

Here is the link to download structural plans for pioneer house (still waiting for the seller to send me the architectual plans for this house):

https://crgnow.box.com/s/eglxqwfghvcqaet8l8x0teczs7jfvppe

Here is the link to download structural and architectual plans Beverly house:

https://crgnow.box.com/s/z75tmz363m0wsdp5oq3c68srw4e8r84v

Here is the link to download lot split letters from city:

https://crgnow.box.com/s/nimrfr8xb51k04dlgswm0xlp45p74s32

PROPERTY IS VACANT... GO DIRECT

This vacant land is a 0.39 acre lot. Nearby schools include Orange Grove Elementary School, Solid Faith Christian School and Whittier Area Community Day. The closest grocery stores are J B Bags & Supply Inc, Whittier Ranch Market and Delrey Food Industries Corporation. Nearby coffee shops include Starbucks, 7-Eleven and Yum Yum Donuts. Nearby restaurants include El Camino Mexican Grill, Wingstop and Pho-Ology. 10201 Beverly Blvd is near Palm Park, Whittier College and Michigan Park.

Comps:

5118 Adele Ave Whittier, CA 90601

BR: 4 BA: 2 SF: 1,740 LOT: 10,528 SD: 11/25/2016 SP: $615,000

5121 Adele Ave Whittier, CA 90601

BR: 4 BA: 3 SF: 1,944 LOT: 7,188 SD: 11/22/2016 SP: $629,000

WE ALSO OFFER FINANCING FOR THIS PROPERTY...                           ASK ME IF INTERESTED.

Up to 100% Financing (Not to Exceed 70% ARV)

As Low as 9.99% & 2pts for Qualified Deal/Borrower

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]