Unbelievable West LA Fixer Opportunity

[Jesus Yinh]

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

2923 Kelton Ave Los Angeles, CA 90064

SFR

3 bed

1.75 bath

1,321 sf

Lot:6,212 sf

Purchase Price: $940,000 (fee included in price)

EMD: $28,000

Escrow Period: 14 days

Option 1

Repair Est: $75,000 (Regular rehab)

ARV: $1,330,000

Option 2

Repair Est: $400,000 (Add 1,500 sf and convert home into a 2-story 4 bed 5 bath home with 2,821 sf)

ARV: $1,875,000

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

BRIGHT AND SPACIOUS 3BD / 2BA WEST LA HOME ON QUIET STREET. NEWLY REMODELED KITCHEN & BATHROOM, GRANITE COUNTERS, RE-SURFACED HARDWOOD FLOORS AND DUAL-PANE WINDOWS. ALSO INCLUDES PARTIAL COPPER PLUMBING, STAINLESS STEEL APPLIANCES, FORMAL DINING ROOM, LAUNDRY ROOM AND SWIMMING POOL. BACK YARD HAS MULTIPLE FRUIT TREES AND DETACHED 2-CAR GARAGE. JUST 2 BLOCKS FROM CLOVER AVE. SCHOOL AND TRADER JOES.

OPTION 1 COMPS:

2715 Veteran Ave Los Angeles, CA 90064

BED: 3 BATH: 2 SF: 1,200 LOT: 6,190 SP: $1,330,000 SD: 09/12/2017

2718 Kelton Ave Los Angeles, CA 90064

BED: 2 BATH: 2 SF: 1,086 LOT: 5,730 SP: $1,200,000 SD: 09/28/2017

OPTION 2 COMPS:

2700 Midvale Ave Los Angeles, CA 90064

BED: 4 BATH: 3 SF: 2,630 LOT: 6,387 SP: $1,875,500 SD: 09/19/2017

2719 Kelton Ave los Angeles, CA 90064

BED: 4 BATH: 5 SF: 2,917 LOT: 6,192 SP: $1,867,000 SD: 09/26/2017

2616 Tilden Ave Los Angeles, CA 90064

BED: 5 BATH: 4 SF: 2,711 LOT: 5,449 SP: $1,855,000 SD: 10/13/2017

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]