Incredible Fixer in Santa Monica

[Jesus Yinh]

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

827 Pine St Santa Monica, CA 90405

SFR

3 bed

1.75 bath

1,713 sf

Lot:6,458 sf

New Purchase Price: $1,715,000 (fee included in price)

EMD: $51,300

Escrow Period: 14 days

Repair Est: $235,000 (Add 500 sf and convert into a 4 bed 3.5 bath home with a total of 2,213 sf)

ARV: $2,625,000

PROPERTY IS VACANT AND HAS A SUPRA LOCK BOX... GO DIRECT!!!!

Sunset Park Spanish charmer with endless opportunity! Nestled above a tree-lined street on an impressive 6,400+ square foot SMR2 lot, this Santa Monica gem has the location, character and potential you've been waiting for. A formal entry welcomes you into a spacious living room with coved ceilings, a bright picture window and a cozy fireplace. An expansive galley kitchen with granite countertops opens to a cheery step-down breakfast nook and den/third bedroom with a brick fireplace and slider to the yard. Two additional bedrooms, 2 bathrooms and a formal dining area complete the interior. Outside, an entertainer's paradise awaits with a nostalgic brick courtyard, grassy area, covered patio, detached garage, and a spacious bonus room complete with a kitchen, bathroom and brick fireplace. All within walking distance to the best schools, parks, farmer's market, Whole Foods, and shops in town.

Comps:

1347 Hill St Santa Monica, CA 90405

BED: 3 BATH: 3 SF: 2,115 LOT: 6,958 SP: $2,701,000 SD: 04/19/2017

1348 Hill St Santa Monica, CA 90405

BED: 3 BATH: 2 SF: 2,233 LOT: 6,973 SP: $2,485,000 SD: 07/07/2017

1214 Pearl St Santa Monica, CA 90405

BED: 4 BATH: 5 SF: 2,227 LOT: 5,958 SP: $2,400,000 SD: 09/06/2017

FINANCING AVAILABLE... ASK ME IF INTERESTED.

==> 90% OF TOTAL PROJECT COST <==

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]