Tuesday, June 7, 2011

Wholesale North Hollywood Rehab


North Hollywood Wholesale
Ready to Go.

The main house is 2/1 SFR 1080 sq and there is also a guest house 1/1 about 450 sq.
The best option is to create a 3-unit rental property. The main house is already set up that way with 2 different entries.
Each unit can be rented out for minimum $ 800/month, altogether $ 2,400/month. It's a positive cash flow property, so it's an amazing deal for a landlord or somebody who wants to create a home for a multigenerational family.


The comps for 2/1 are around $ 250,000 (I have comp report if you need it) but the 3 unit investment properties are between $ 275,000 -- 325,000

Repair cost is about $ 25,000
Including my fees, the property is $ 169,000 minus a $1,600 cash back to you at closing from my realtor. You pay $ 167,400

It's a 65 cent on a dollar deal, your potential profit is about $ 57,600

CASH OR HARD MONEY ONLY!

The property address is: Bonner Ave North Hollywood CA 91606

If you are interested I can send additional information and pictures.

Fernando
Acquisition Director
socalhartfordinvgrp@gmail.com
424.259.3733


CASH or HARD MONEY ONLY


Note: Please do your own due diligence. This information is provided to the best of our
knowledge and we make no guarantees to the accuracy of this data.

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