HERE IS AN INGLEWOOD/LENNOX FIXER FOR ANY INVESTOR LOOKING FOR BIG RETURNS! This home is looking for its new owner to bring it back to life as it's been neglected by its current owner and will need some heavy lifting to bring it back to life.
There are multiple exit options for an investor on this property! Keeping it as a single family, the best comp is 1126 Rosewood Ave (sfr), currently Pending at $970k, we estimate the ARV at $899k.
Another option is to build the ADU, and the ARV would be north of $1M, 4240 W 102nd Street, sold for $1.
074M (duplex) with only 1,472sf of living space.
We are currently the cheapest home in Inglewood/Lennox!! There are very few remodeled comps in the pocket so once finished, there will be very little or no competition on the market.
Rehab:
The house needs everything.
If an investor is going the sfr route, $125k for rehab is $100/sf.
If going the ADU route, add $80 on top for a total of $205k.
Objections:
I can't do heavy rehabs >> That is where the profit is.
Heavy rehabs, heavy profits.
Highlights:
- Tons of potential, with the different exit options.
- Cheapest home in Inglewood
- The best comp is 1126 Rosewood, sold by New Western, in escrow for $970k.
- As is play, 899k+.
Duplex play, North of $1M conservatively.
- The last Inglewood home we put it out for $645k, on 12th Avenue.
David 424-256-021SIXXXXXXxx
For quick response call or text me.
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newwestern.
com/agent/david-azizz/ ↙️↙️↙️
* Trust*,*tools*,*paint brush*,*Great Value*,*Personal Touches*,*Investor Opportunity*,*investor Special*,*Good Bones*,*remodel*,*shine*,*Quaint*,*Hard Money*,*Bank Owned*,*Make It Your Own*,*Flip/Flipper*,*Handyman Special*,*Needs Updating*,*needs Repairs*,*Endless Possibilities*,*Motivated Seller*,*Instant Equity*,*Dated*,*Potential*,*Estate*,*Probably Needs*,*Vision*,*Repaired*,*sweat Equity*,*Personal Touch*,*seller Unable*,*Make Repairs*,*Priced Right*,*no SPDS*,*Damage*,*cosmetic Repairs*,*Sell Quickly*,*no Blind Offers*,*One Owner*,*Same Owner*,*location!*,*Foundation*,*Priced to Sell*,*Cracks*,*Original*,*Rehab*,*Non Repairs*,*Out of State*,*Cash Only*,*Divorce*,*As is*,*Potential*,*investor Special*,*Investor*,*fixer*,*cash*,*TLC*,*sell Quickly*,*dated*,*make it your own*,*priced right*,*gem*,*diamond*,*investor*,*opportunity*,*needs work*,*gutted*,*blank slate*,*make it your own*,*Investor Dream*
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