Great Norwalk Cashflow Investment Opportunity

[Jesus Yinh]

Property is under contract and ready to be assigned!!!

12326 Cheshire St Norwalk, CA 90650

SFR

2 bed

1 bath

792 sf

Lot: 8,599 sf

Purchase Price: $475,000 (fee included in price)

EMD: $5,000

Escrow Period: 21 days

Repair Est: $725,000 (Build a brand new 6-unit building with a total of 5,500 sf)

ARV: $1,575,000

DRIVE BY ONLY DUE TO TENANT... MAKE OFFER SUBJECT TO INTERIOR INSPECTION... PROPERTY WILL BE DELIVERED VACANT PRIOR TO CLOSE OF ESCROW!!!

Investor delight! Great opportunity R-3 zoning. Located on quiet spacious lot in a highly desirable area of City of Norwalk. Great property for investor to increase usage of property and value. Conveniently located near schools, parks, supermarkets, restaurants and much more. Easy access to the I-5 or I-605 freeway that connect to the I-105.

COMPS:

12236 Sproul St Norwalk, CA 90650 (6 units)

BED : 12 BATH: 6 SF: 5,236 LOT: 8,791 SP: $1,475,000 SD: 02/14/2018

13910 Clarkdale Ave Norwalk, CA 90650 (6 units)

BED : 11 BATH: 7 SF: 6,247 LOT: 7,026 LP: $1,680,000 SD: 04/17/2018

FINANCING AVAILABLE... ASK ME IF INTERESTED.

Up to 90% OF TOTAL PROJECT COST...

As Low as 8.99% & 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]

View some of our projects:

https://www.youtube.com/watch?v=u39gWi9yDFQ

https://www.youtube.com/watch?v=zc73cnaln54

https://www.youtube.com/watch?v=OTXjDtBkh1A&feature=youtu.be

https://www.youtube.com/watch?v=ZaxLa__dYqU