Los Angeles 90002

$ 485,000.00

  • Date added: 11/30/23
  • Bedrooms: 3
  • Bathrooms: 1
  • Area: 1526 sq ft
  • Lot size: 4555 sq ft

Description

3 bed | 1 bath | 1,526 sq ft | 4,555 sq ft lot
Off Market & Delivered Vacant
Cosmetic single-family fixer in the Florence area of central Los Angeles. It sits on an R-2 lot, and the jurisdiction is L.A. County.
Yes it’s on a busier street, but the potential to flip the property is there. It’s priced correctly with room for a remodel retail sale, and we also like the possibility of an ADU addition, plus potentially splitting the house up into two units as well.
Large kitchen
Concrete driveway/backyard leads to detached 2-car garage
Side alley access to driveway
Photos/Video walk-through available upon request
Purchase Price: $485,000
Rehab: $60,000
ARV: $645,000

Comps:
1) 742 E. 91st St. beautifully remodeled Spanish home 300 sf smaller, sold for $665K

2) 436 E 92nd St. is 2/1 1,100 sf, fixer and dated, sold for $530K in October

This style property is located in is currently and has been listed on REskills.NET. This property is listed at $ 485,000.00. It has 3 bedrooms, 1 bathrooms, and is 1526 sq ft. The property was built in year.
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