Phenomenal Glassell Park Fixer

[Jesus Yinh]

Property is under contract and ready to be assigned... PLEASE DO NOT CONTACT LISTING AGENT.

3832 Sunbeam Dr Los Angeles, CA 90065

SFR

3 bed

2.75 bath

1,933 sf

Lot: 10,347 sf

Purchase Price: $690,000 (fee included in price)

EMD: $15,000

Escrow Period: 21 days (Seller will do leaseback for 30 days after the close of escrow at a cost of $2,000)

Repair Est: $80,000

ARV: $985,000

SHOWN BY APPOINTMENT ONLY... EMAIL ME TO SCHEDULE SHOWING!!!

Here is a rare opportunity to put your own touch on a large tri-level-home located a serene street in Glassell Park. With towering canyon views and a huge 10,347 sq. ft. lot, there is plenty of room to dream big. Add a little TLC and this 3 bedroom, 3 bathroom, and 1,933 sq. ft. home could become a beautiful tower on the hill. The first floor has a remodeled kitchen, a bedroom and spectacular canyon views. The middle floor has an additional bedroom and bathroom and has the potential to be made into a music studio or media room. The large bottom floor, with separate access from the street, could be used as rental income or a great rec. room. The expansive backyard is a mix of flat ground and terraced hillside. Home is in need of repairs and strictly sold as is.

Comps:

4243 Palmero Dr Los Angeles, CA 90065 BED: 3 BATH: 2 SF: 1,556 LOT: 6,072 SP: $924,500 SD: 04/28/2017

2418 Sundown Dr Los Angeles, CA 90065 BED: 3 BATH: 2 SF: 1,722 LOT: 4,858 SP: $978,000 SD: 04/21/2017

4239 Scandia Way Los Angeles, CA 90065 BED: 3 BATH: 4 SF: 2,186 LOT: 4,993 SP: 1,040,000 SD: 12/28/2016

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

Email me or text me if interested. Thank you.

Jesus Yinh

CAPITAL REDEVELOPMENT GROUP LLC
Managing Partner

(310) 926-3844

Email: [email protected]