GREAT FIXER IN ARCADIA

[Jesus Yinh]

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

1722 8th Ave Arcadia, CA 91006

SFR

3 bed

1 bath

1,331 sf

Lot:7,098 sf

Purchase Price: $870,000 (fee included in price)

EMD: $25,000

Escrow Period: 10 days

Repair Est: $140,000 (Add 500 sf and convert into a 3 bed 3.5 bath home with a total of 1,831 sf)

ARV: $1,295,000

PROPERTY IS OCCIPIED AND WILL BE DELIVERED VACANT... CALL ME BEFORE VIEWING... SUPRA LOCK BOX ON PROPERTY!!!!

This diamond-in-the-rough has had only one owner since it was built in 1948. It is located on a quiet, tree-lined street and is just a few blocks from the Camino Grove Elementary School in the Arcadia Unified School District. The living room features a traditional fireplace and a cozy dining area. There is a wood-paneled den off the living room and kitchen. The original kitchen is functional, offers a view of the back yard and is adjacent the laundry room with laundry sink. There is a spacious back yard that is perfect for children to play and a covered patio for relaxing or dining al fresco. The long driveway allows ample off-street parking and there is a detached two-car garage. This property is ready to be restored to its original luster and full potential!

COMPS:

1210 Encino Ave Arcadia, CA 91006

BED: 3 BATH: 3 SF: 1,833 LOT: 17,747 SP: $1,315,000 SD: 07/19/2017

420 Pamela Rd Arcadia, CA 91006

BED: 3 BATH: 3 SF: 1,927 LOT: 11,042 SP: $1,300,000 SD: 05/04/2017

FINANCING AVAILABLE... ASK ME IF INTERESTED.

Up to 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]