Updated over 8 years ago on . Most recent reply
Amazing Development Opportunity in Winnetka
This is a wholesale deal under contract and ready to be assigned... OPPORTUNITY TO BUILD 2 HOMES IN ONE LOT!!!
7329 Kelvin Ave Winnetka, CA 91306
SFR
1 bed
1 bath
450 sf
Lot: 17,483 sf
New Purchase Price: $450,000 (fee included in price)
EMD: $5,000
Repair Est: $400,000 (Subdivide the lot and build 2 brand new 3 bed 2 bath homes with 1,500 sf each)
ARV: $1,170,000
PROPERTY IS VACANT AND HAS A SUPRA LOCKBOX... GO DIRECT!!!
Fixer upper property/possible tear down and rebuild with different possibilities. Very special single-level house on a large lot, has over 17,400+ square foot lot. Zoned LARA. Includes a two-car garage. Investment opportunity.
Comps:
7338 Irondale Ave Winnetka, CA 91306
BR: 3 BA: 2 SF: 1,450 LOT: 7,502 SD: 12/28/2016 SP: $540,000
7601 Lurline Ave Winnetka, CA 91306
BR: 3 BA: 2 SF: 1,461 LOT: 9,699 SD: 11/04/2016 SP: 520,000
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]