Great Santa Monica Fixer

[Jesus Yinh]

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

2906 11th St Santa Monica, CA 90405

SFR

3 bed

1.75 bath

1,230 sf

Lot: 4,011 sf

Purchase Price: $1,165,000 (fee included in price)

EMD: $34,800

Escrow Period: 30 days

Repair Est: $225,000 (Add 500 sf and expand into a 3 bed 3 bath home with approx 1,730 sf)

ARV: $1,900,000 (as 3 bed 3bath)

*Seller will occupy property 7 days after close of escrow at no cost*

*Escrow will hold $2,000 as security deposit for the 7 days that seller is occupying property*

SHOWN BY APPOINTMENT ONLY... PLEASE EMAIL OR TEXT TO SCHEDULE SHOWING

Amazing deal by the beach. This sweet 3+2 home has been lovingly owned by same family for over 30 years. Bring your imagination and start living your best life just 11 blocks from the Pacific. The ground level is comprised of kitchen, living, dining, 2 good-sized bedrooms, and a full bath. Then just up the stairs you'll find the third bedroom and 3/4 bath. A 2-car garage provides parking, storage and direct access to the home. Out front is a grassy yard and additional driveway parking. The backyard is enclosed with a newly built patio area, perfect for play or outdoor meals. Good bones, new roof, and hardwood floors make this an easy update. Or tear down to build your dream home. You can't beat the location - walk to all the shops and eats on Main Street and Ocean Park, as well as neighborhood parks, Whole Foods, and of course, the beach.

COMPS:

1515 Oak St Santa Monica, CA 90405

BDR: 3 BTH: 2 SF: 1,520 LOT: 6,991 SP: $1,850,000 SD: 04/19/2017

723 Navy St Santa Monica, CA 90405

BDR: 3 BTH: 3 SF: 1,702 LOT: 1,987 SP: $2,000,000 SD: 03/31/2017

1101 Cedar St Santa Monica, CA 90405

BDR: 3 BTH: 2 SF: 1,833 LOT: 6,039 SP: $1,907.000 SD: 03/28/2017

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]