Awesome Long Beach Fixer

[Jesus Yinh]

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

5416 E Oleta Long Beach, CA 90815

SFR

3 bed

2.5 bath

2,844 sf

Lot:8,286 sf

Purchase Price: $985,000 (fee included in price)

EMD: $26,000

Escrow Period: 10 days

Repair Est: $150,000

ARV: $1,450,000

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

This is an S and S Builder Customized Home with Wood Floors, lath and Plaster Walls, Two Fireplaces and Two Chimneys. One of the Fireplaces is in the Living Room and one is in the Family Room! The Roof is only 10 years old and is Top of the line with 40 years left on it. There is New Electrical, Newer Plumbing under the house, and Brand new Heating and Air Conditioning! The inside needs allot of TLC. Very Quiet Street which is great for Children Playing! Park Estates is one of the most Prestigious Areas in Long Beach and to get in here with all the updates this has including the windows, is a find. The kitchen needs to be updated in the future or now! All the Vents have also been redone and has lowered the Electric Bill in 1/2. The Fun thing is Two Contractors said this could Easily be reconfigured into a Mid Century Modern! Rarely does a home that needs work hve the Guts of the House and Some of the most expensive Parts already been redone and are so New. The Yard is huge and the owner just spent over 2000 dollars having everything cut back and taken out etc. There is a Pool in the Backyard and a Solar Panel which is exclusive to heating the Pool! The Garage is an Oversized Two Car !!! A Super Long Driveway which is Great for Company or kids riding their trikes! There is a Small Office downstairs and a Huge Bedroom with its own Bath.

COMPS:

5621 E Las lomas St Long Beach, CA 90815

BED: 3 BATH: 3 SF: 2,799 LOT: 9,615 SP: $1,648,000 SD: 11/08/2017

5230 E Los Flores St Long Beach, CA 90815

BED: 3 BATH: 3 SF: 2,267 LOT:7,486 SP: $1,350,000 SD: 12/28/2017

1191 Bryant Rd Long Beach, CA 90815

BED: 3 BATH: 4 SF: 3,166 LOT: 11,323 SP: $1,650,000 SD: 07/28/2017

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]