Single-family residence fix & flip investment in Los Angeles.
Purchase price: $400,000
Cash invested: $100,000
Sale price: $662,000
Amazing LOCATION-OCATION LOCATION LOCATION. THIS PROPERTY IS LOCATED IN THE LEIMERT PARK NEIGHBORHOOD OF LOS ANGELES CA * * * 10 MINUTES FROM USC * * * . . BEAUTIFUL REMODELED HOME WITH EXCELLENT CURB APPEAL. THIS HOME IS A MUST SEE AND WILL NOT LAST LONG. UPDATED ELLECTRICAL AND PLUMBING . NEW KITCHEN, COUNTERTOPS, AND CABINETS. NEW FLOORS THROUGHOUT. NO EXPENSE WAS SPARED ON THIS HOME. ADDITIONAL 150 SQ FT OFFICE LOCATED IN THE DETACHED GARAGE MAKING THIS PROPERTY APPROX 1322 SQ FT.
What made you interested in investing in this type of deal?
Prime location with so much potential.
How did you find this deal and how did you negotiate it?
Through a previous sale I had done with the owner.
How did you finance this deal?
How did you add value to the deal?
Opened up walls, completely remodeled interior and exterior
What was the outcome?
There seems to be no shortage of gems in South LA, congrats on this investment Marco!
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