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yourdomain > Los Angeles > house/condo > $1,250,000 / 2br - 956ft2 - investment opportunity in the heart of Culver City. (Culver City)

$1,250,000 / 2br - 956ft2 - investment opportunity in the heart of Culver City. (Culver City)

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Posted : Sunday, July 28, 2024 11:02 AM

We're in one of our hoods with an Off market investment opportunity in the heart of Culver City.
The trendy social scene and award-winning school district make this area prime for new construction.
Subject property is zoned R2 giving the savvy investor additional exit strategies.
A new build 2 doors down sold last year for $2.
795M pre-construction showing demand in the area is high and there are plenty of sold comparables that demonstrate similar value in today's market.
Comps: 10747 Oregon Avenue, Culver City.
NEW BUILD 2800 sqft,.
Backs up to Major Street w/ alley access.
We are in a WAAAY better location.
Closed last month, 3/31/23 @ $2.
750M 10748 Whitburn Street, Culver City ADD-ON - 1800 total sqft.
Investor added 400 sqft + permitted ADU closed 2 weeks ago, 4/11/23 @ 2.
250M 2 prime examples showing the amount of potential the deal has.
Rehab: Straight-forward.
Tear down existing structure and build another.
Or add 600 Sqft to the main house + permit 2 car garage into ADU.
*The add-on play seems like the way to go.
If investor(s) add more than 100% of the existing square footage, they can market the property as a new build.
$$$$ Acces: Drive-by.
Contact me 3 things investor must know: -Straight forward off market deal in the award-winning Culver City school district -15 day Seller In Possession w/ $50k Heldback -Major potential - major spread David 424-256-021SIXXXXXXxx For quick response call or text me.
Or copy and search bellow.
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• Phone : NA

• Location : Culver City,CA

• Post ID: 9029499968


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