$1,150,000 / 2br - 956ft2 - Investment opportunity in the heart of Culver City. (Culver City)

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.
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