GREAT FIX AND FLIP OR BUY AND HOLD IN LOS ANGELES CA 90029

Los Angeles County, Los Angeles, CA, 90029 view full address
For Sale
Listed at: December 19th, 2024
Price
$850,000
ARV
$1,300,000
Gross Margin
$450,000
Sq. Footage
1540
Type
Single-Family
Parking
Driveway
Year build
1913
Lot size
0.13 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
1
If someone buys for this price, no more offers will be accepted
Summary

766 N Kenmore Ave, Los Angeles, CA 900  3 Beds/2.5 Baths
1,540 sqft
5,839 sqft lot
1913 build

Asking Price: $850000
ARV: $1,300,000

3 MONTH LEASE BACK $4500 A month PAID UP FRONT 50 K HOLDBACK

How is the Access to the property? Schedule for walk thru 
occupied or vacant? Occupied 
closing date: On or before December 27st 2024
Is there a garage or a carport: Has A 2 Car Carport and a Driveway that can fit 2 more cars
Hvac Age: Main house 5-7 years, Back Units Have Window Units
Roof age: Roof For All Units are 20 years
Hot water Tank Age: Tankless 5-7 years ago
Electrical Age: Replaced Many Wires in the house 5-7 years ago
Plumbing Age: Changed 5-7 years ago, copper plumbing
Tenant occupied? No
Foundation Issues: Not at all
Flooring: New, Tile and Wood
Bathrooms: Main house renovated
Market Rent about: 
Zoning: RD2- Residential Dwelling 2
Note: Seller will get a dumpster and throw all the trash out himself
Note: The back house was permitted as recreational house according to county

1 ADU was built with the house and it is a permitted recreational house for entertainment reasons like boxing room, theater, gym room, gaming room. About 480sqft    2/1

The second ADU was built by the ex owner and current owner added a bathroom because there was plumbing about 280sqft. No permit for this. 1/1 

The small ADU needs to be demoed
about 280sqft in size

COMPS

#1st NICE FLIP comp address: 729 Maltman Ave, Los Angeles, CA 90026
Sold For $1,690,000M sold within 3 months

#2nd Small AS-IS SOLD comp address: 1205 N Mariposa Ave, Los Angeles, CA 90029
Sold Off market For $1,148,500

#3rd Nice Flip Comp Address: 3505 London St, Los Angeles, CA 90026
Sold For $1,351,455 Withing 1 Month

CALL OR TEXT US @ (623) 498- 2126  

*THIS IS A CONTRACT FOR ASSIGNMENT*

READY TO GET IT NOW? USE THE "WIN IT NOW" BUTTON TO SUBMIT YOUR OFFER & POF. 

No bidding wars! It will be 1st come 1st serve at the wholesale price.

Important Purchase Terms: All information provided has been gathered from public sources including property card and property tax records. We make no representations of any kind. The buyer is responsible for conducting their own due diligence before submitting an offer. Non-refundable earnest money deposit (5-10K) and signed purchase agreement are required in order for an offer to be considered valid. This is an as is sale with no contingencies or inspections of any kind, unless otherwise stated. Close as soon as title is ready (approx 7 days). It is our company policy that the buyer pays for all closing costs including title insurance fee.

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Kate Sharp

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Disposition manager