OFF-MARKET RTI READY SILVERLAKE FIXER

[Jesus Yinh]

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

===> PROPERTY SOLD WITH APPROVED PLANS RTI READY <===

1607 Silverwood Terrace Silver Lake, CA 90026

Vacant Land

Lot:2,293 sf

Purchase Price: $420,000 (fee included in price)

EMD: $3,400

Escrow Period: 14 days

Repair Est: $600,000 - $800,000 (Approved plans to build a 2-story modern home with a basement with approx 1,987 sf)

ARV: $1,850,000

CLICK ON LINK BELOW TO VIEW PLANS:

https://crgnow.box.com/s/eecg2r8tleygnmhnvfq8teebs36vvp6y

Vacant... GO DIRECT!!!

SELLER SAYS SELL! DEVELOPER ALERT! PERMITS HAVE BEEN ISSUED. SHOVEL READY!!Amazing opportunity to build a modern home w/wrap-around balconies in Silverlake with dazzling city light and Hollywood sign views. Plans call for approx 1,987 +/- SF, 2BR+Den/2.5BA home + BASEMENT & w/ 2-car garage (car lift). Master suite is on 2nd flr & the den can easily be converted to a third bedroom as well. Geo/Soil Report and Structural Plans available upon request. The property is ideally located in the heart of Silver Lake/Echo Park area with convenient access to the 110, 101 and 5 freeways and close proximity to nightlife, shopping, & restaurants and minutes away from Staple Center, LA Live, Downtown business center, and Dodger Stadium. Lots like this don't last long in this market! Buyers are to verify all information and rely on their own investigation. NEW CONSTRUCTION BELOW, 1542 N Easterly Terrace, JUST SOLD FOR $1,880,000. NO BRAINER ALERT!!

COMPS:

1542 N Easterly Terrace

BED: 3 BATH: 3 SF: 2,080 LOT: 3,750 SP: $1,880,000 SD: 09-20-2017

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

Enail: [email protected]
Direct: (310) 926-3844