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Updated over 8 years ago on . Most recent reply

User Stats

46
Posts
7
Votes
Evan P.
  • Investor
  • Irvine, CA
7
Votes |
46
Posts

FIXER - 1949 Tulane Ave Long Beach, CA 90815

Evan P.
  • Investor
  • Irvine, CA
Posted

This home has 1 competitor in a 1-mile radius with similar characteristics. In a market where supply can't keep up with demand, this is a great opportunity to take advantage of the summer market. This home is very clean and purely a cosmetic fixer. An approximate 1500 sq ft home with 3 bedrooms and 2 bath makes this home the ideal project in my eyes. No need to reconfigure a bathroom or add another bedroom it is already a 3/2 keeping that rehab cost to a minimum. With added features like RV parking, blue-ribbon schools surrounding this home and priced at 599k you can't go wrong in my opinion. 

Purchase Price $599,999
Rehab $45k
ARV $740k
COE 5/18/2017
Deposit $25k

Offering

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