Los Angeles Duplex Fixer!!
The main factor here is the VIEW and the lot size. Their are plenty of homes out there that sold for less than my ARV but none have the lot size or the VIEW and most of the ones that do have the VIEW and the lot size sold for much higher than my projected ARV. This home must be seen to appreciate. According to listing agent you can also build more units (check with city for more details) and their is definitely space to do so. This home also has 2 basements that are about 7 feet in heights which can be used for living space if someone desires, as 1 basement already has a bathroom that is legally permitted by the city.
Purchase Price 759k
Rehab 90k
ARV 1.050 Million
Deposit 40k
COE 5/5/2017
Offering