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Archived about 1 year ago

$1,209,900

3 bd 2 ba 1529 sqft

90035, Los Angeles, CA 90035

Residential SFR Occupied Needs Repairs

Current Rent **

N/A

Projected Rent **

$4,431

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Discounted PRIME West LA Spanish- Style Home!!!!

we got a discounted PRIME West LA Spanish- Style Home in the Faircrest Heights area. with a detached 2 car garage! We are located in a highly sought-after pocket of Faircrest Heights, only 2 miles away from Beverly Hills, and only 3.5 miles from the Hollywood Strip. There is a very high demand in this area. Every single one of the comps sold above asking. There's a comp on our street that was listed in Oct for 1,499,999 and sold for 1.8M!! Multiple Exit strategies: As- is flip, buy and hold, or even take advantage of our detached 2 car garage with an ADU play!

feel free to reach out to me at (951) 622-8049!

Location:

90035, Los Angeles, CA 90035

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.