Thursday, May 10, 2012

Close to Burbank Valley Village Fixer.



 We have a few Investors ask for this area. 
Hope this works for you.

 
-3 beds/2 bath
-2002 sf
-7425 lot size
-large back yard
-master suite

It's no secret that remodeled inventories are LOW these days, so I expect you to get FULL value after this home is remodeled and listed.

-Purchase Price $492,000
-Repairs: $45,000   
-Aftr Repaired Value is $660,000+

$14,250 non-refundable earnest money deposit

Comps:

1) 11657 Weddington sold in January for $600,000. It's a 3/2, but only 1499 sf.


2) 11941 Otsego is a remodeled comp south of Magnolia (in a little better area), sold for $779,000 in March (1905 sf).

3) 5242 Irvine is an 1895 pending sale that, according to our sources, is going to close above list price (which is $639,000).

4) 11603 Hesby is a 1292 sf (small!) pending sale that is going to close in the high $600,000's.

Fernando
 Acquisition Director 
Direct 661-262-3115
 Call or Text for address and access.

We also have a Orange County package coming this weekend.
Let us know if your interested.
 
https://www.facebook.com/HartfordProps



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