Monday, August 21, 2017

distress-la-condo

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Saved Search: "distress-la-condo" has returned the following:

Price Change
4612 Lomita STLOS ANGELES, CA 90019
$700,000 MLS#: OC17140180MR
7
Beds
4.00
Baths
2,912
Sq. Ft
$240.38
$/Sq. Ft
Area: (16) Mid Los Angeles
Subdivision:
HOA: $0.00(N/A)
Year Built: 1928
Pool: NoLand Type: Fee

Remarks: PRICE REDUCTION--- 700K! Tremendous Short Term OR Long Term Investment Opportunity! You will Love this Duplex in MID CITY LA! The Property needs structural improvements and is price accordingly, Check out the comparable sales and development in the Area! Tons of opportunity and upside potential! Purchase for immediate cash flow or Value-Add! Two Side by Side 2 story Units on a HUGE Lot with a Backyard, multiple entrances to each unit making it convenient to enter/exit to parking, deck, or backyard. Unit Mix consists of (1) 4 Bedroom / 2 Bathroom 1,560 Sq Ft and (1) 3 Bedroom / 2 Bathroom 1,352 Sq Ft !! Both Units have been remodeled in last few years including updated kitchen/baths. Inside Laundry Hook-Ups for each unit in the downstairs basement. The 3 bedroom is on Month to Month Agreement at $2,513/mo and the 4 bedroom is VACANT!!! Subject to the Rent Control Ordinance. Amazing Equity Opportunity!!! This Investment Property Will Not Last, If you are looking for a Fantastic ROI, look no further- Don't Hesitate! Structural Report in the supplement section.

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Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or feature of the property provided by the seller or obtained from Public Records or the other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals.

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