VACANT OFF MARKET FIXER IN SLIVER-LAKE/ECHO PARK AREA

[Brian Collins]

**OFF MARKET, VACANT, & MUCH UPSIDE**

4231 Lockwood Ave. Los Angeles, CA 90029

2 beds 1 baths 896 SQFT Lot 4031 SQFT Built in 1922

ARV: 780-800

REHAB: 50-70K

ASKING: $545K

COMPS:

1217 N. Hoover St. Sold on 8/11/16 for $625K 1 bed 1 bath 700 SQFT Lot 3000 Price Per $960

4015 Del Mar Av. Sold on 3/3/16 for $680K 2 beds 1.75 baths 924 SQFT Lot 2245 Price Per $857(MUCH SMALLER LOT)

1022 Myra Ave. Sold on 9/7/16 for $920K 2 beds 2 baths 1073 SQFT Lot 5591 Price Per $799

Sold COMPS last year:(DIFFERENT MARKET)

1799 N. Madison Av. Sold on 11/23/15 for $560K 3 beds 2 baths 1092 SQFT Lot 4250 Price Per $743

994 N. Hoover St. Sold on 12/3/15 for $810K 3 beds 2 baths 1.134 SQft Lot 5148 Price Per $846

MULTI-FAMILY COMPS:

4201 Virginia Av. Sold on 8/31/16 for $851K 3 beds 2 baths 1371 SQFT Lot 3146
Unit 1) 2 beds 1 bath
Unit 2) 1 bed 1 bath

**Different Market**

4228 Lockwood Av. Sold on 9/9/15 for $623,500K 3 beds 3 baths 1512 SQFT Lot 6202
3 Units all 3 are 1 bed 1 bath

NOTES:

This home comes VACANT, OFF MARKET, & on a lot you can built 2 units on!! The zoning is LARD 1.5. Please read the comps category diligently so you understand the many options you have with this asset!!!

FOR MORE INFORMATION CALL:

Allen 323.999.1145 or 313.623.5188

or

Brian 323.521.9250 or 323.605.2644