Wednesday, April 11, 2012

Value Play in LA 90065

Value Add in Cypress Park – 31% Cash on Cash!
Los Angeles, CA 90065
Cross Streets: Figueroa & Cypress

WILL BE DELIVERED OCCUPIED.
Currently: 1 Bed/ 1Baths
355 SF | 1755 Lot SF
Year Built: 1916
After Rehab: 2 Beds/ 2 Bath
655 SF
Purchase Price =
$ 93,000

Repair Estimate
: $45k. Add another bedroom & bath
Median Rents: $1075-1200
Sold Comps:

2/6/2012 $ 250,000 Retail 664 Romulo St 2/1 952 3690 1921 0.38
1/20/2012 $ 188,000 Retail 3727 Marmion Way 2/1 983 4617 1902 0.4
12/21/2011 $ 230,000 REO 3569 Shurtleff Ct 2/1 911 2949 1948 0.28
10/3/2011 $ 177,000 Fixer 3297 Arroyo Seco Ave 2/1 710 2730 1920 0.01

WILL BE DELIVERED OCCUPIED.

CASH or HARD MONEY ONLY


Fenando
661-262-3115
Email or text for address.
quick.offers@yahoo.com

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