$1,539,999 / 3br - 1539999ft2 - DISCOUNTED POOL HOME IN PRIME (HANCOCK PARK) (Hancock Park, Los Angeles)

DISCOUNTED POOL HOME IN PRIME (HANCOCK PARK) LOCATION NEAR LARCHMONT VILLAGE FOR SALE!!! The home is currently distressed and needs a full rehab to bring it back to life.
This property sits n a uniform residential block without any obsolescence around it.
THE AREA IS PRIME FOR ADDING SQUARE FOOTAGE BY USING THE EXISTING GARAGE for an additional 400 square feet.
This will bring the total square footage to 2,000+ square feet.
Pool homes in the area are selling on average for $2.
325M, or $1,140/sf.
Comps: Pool or no pool? If there is a pool in the home, ARV is $2.
325M based on the average of the 2 pool homes sold recently.
Rehab: We have a high rehab on this property as it needs a luxury finish out.
House is about 1600 SF, we have $125 a foot, $100k for the ADU, that comes to about $300k for the remodel - plenty of money allocated for a high end rehab.
Objections: Let me know what you get aside from the price.
The key is to be able to support the ARV.
Highlights: - PRIME REAL ESTATE WITHOUT ANY OBSOLESCENCE.
- POTENTIAL FOR THIS HOUSE IS KEY WITH AN ADU.
- VERY LITTLE INVENTORY IN THE AREA FOR REMODELED HOMES.
David 424-256-021SIXXXXXXxx For quick response call or text me.
Or copy and search bellow.
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