Opportunity in LA 90046 - Los Angeles, California, United States

4BR / 3Ba 3155ft²

house
w/d hookups
license info: DRE#02146038
detached garage

I have an AMAZING OFF MARKET Opportunity in LA 90046! This big boy is a single story mid century SFR sitting on just shy of 12,000 sqft lot offering 3,058 sqft of living space, 4 beds, 3 baths, a pool & VIEWS!!! The property is already gutted & down to the studs so easy for your investor to go in there & change things around & finish it to hit the top end of the market! Property was previously owned by an investor who bought it for $3.1M back in 2021 but couldn't finish the project so it defaulted with the bank! We are offering it to our investors for $400k LESS two years later!!!! This property is NOT a tear down unless you'd like to, there are permits available to remove a load bearing wall, revise floor plan & do a full remodel; Link Below! I have included BOTH resale value comps & rentals comps giving our investors multiple exits on this one! Property was previously listed by the previous owner at $3.45M prior to the Bank defaulting on them! They received investor offers as low as $2.8M but the Bank would not approve at the time! COMPS: - 8000 Woodrow Wilson Dr - 4 beds 4.5 baths, 3,119 sqft, on 20,711 sqft lot - Excellent Condition, NO Views, One of our closest comps just closed 07/07/23 for $4,210M ($215k over list) ONLY 5 Days On Market - 2586 Greenvalley Rd - 4 beds, 3 baths, 2,413 sqft, on 24,559 sqft lot - Heavy Fixer (Needs a Full Gut), much smaller in sqft, Closed 05/12/23 for $2.58M Cash ($331k over list) ONLY 14 Days On Market - 2961 Briar Knoll Dr - 3 beds 3.5 Baths, 3,088 sqft, on 8,739 sqft lot - *Rental Comp* Fully renovated & newer build, leased out for $17,500 ONLY 9 Days On Market! This investor purchased this property for $2.995M back in 2018 (Our all in number w/ rehab is approx $3-3.1M) Highlights: - Off Market - Big Spreads $1M+ - Multiple Exit Strategies Objections: The power lines are in front of the house Answer - The power lines are obstructing the views by any means & some of our comps are also surrounded by power lines & still selling $200k over ask price *8000 Woodrow Wilson Dr* David 424-256-021SIXXXXXXxx For quick response call or text me. Or copy and search bellow. ↘️↘️↘️ https://www.newwestern.com/agent/david-azizz/ ↙️↙️↙️ Realtor Realtors finding a Realtor how to find a Realtor find real estate agents how to find a real estate agent best Realtor near ________ top realtor for buying a new home top real estate agents in ___________ selling a home sell a home fast fastest way to sell a home in ________ home selling tips cost of selling your home marketing your home ways to sell your home house staging tips how to stage your home foreclosure forecloures short sales foreclosure or short sale short selling short sale process cons of a short sale short selling your home for sale by owner fsbo why to use a Realtor property for sale by owner for sale by owner listings listing property for sale by owner selling your home by owner selling real estate without a Realtor tips for selling your home short selling your home top tips to get the best offer best improvements for home valuation process for selling a home tips to sell your _____ home tips to sell in under a month do open houses sell houses best Realtor in [neighborhood] top rated Realtor in [area] house for sale on [area] buy real estate buy home process of buying a home best real estate listings find real estate foreclosures for sale buy a home houses for sale house 4 sale real estate agent listings condos for sale townhomes for sale town houses for sale mls listings real estate listing mls mls real estate listings multiple listing services first time home buyer guide best homes for first time home buyer first time home buyer programs home buyer help list of real estate agents reviews of Realtor best schools near [area] horse farms outside of [area] best homes for [big business] employees relocation Realtor in [area]