$400,000
$449,999
11.1%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
1,214 SqFt
SOLD DATE : 08/17/2023
Key Details
Sold Price $400,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,214 sqft
Price per Sqft $329
MLS Listing ID OC23109654
Sold Date 08/17/23
Bedrooms 4
Full Baths 4
Construction Status Repairs Major
HOA Y/N No
Year Built 1924
Lot Size 5,919 Sqft
Property Description
Attention investors! Zoned R3, An exciting opportunity awaits in Walnut Park—an impressive 4-bedroom, 4-bathroom home situated on a spacious 5,900 sqft lot. This property has tremendous potential for either a fix and flip strategy or a long-term hold. As a fixer-upper, it will require substantial repairs, but fear not, as the after-repair value (ARV) is estimated to reach an attractive $700,000.
What sets this property apart are the myriad options it presents for renovations, including the possibility of incorporating rental accessory dwelling units (ADUs). The versatility of this home allows for creative enhancements and potential additional income streams. We invite you to attend our investor open house, where you can bring along your trusted contractor for a thorough evaluation of the property.
Please note that the home will be sold "as is" with a cash offer providing an opportunity for a swift transaction. sale will include current occupants remaining in the home. Furthermore, ample onsite parking is available to accommodate your multiple vehicle needs. Don't miss out on this promising investment prospect—seize the chance to maximize the potential of this Walnut Park gem.
Location
State CA
County Los Angeles
Area T5 - Walnutpk, Huntpk, Bell N Of Florence, And Cud
Zoning LCR305
Rooms
Main Level Bedrooms 4
Interior
Interior Features Eat-in Kitchen, All Bedrooms Down
Heating None
Cooling None
Flooring Carpet, Tile, Wood
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Garage Driveway, Garage Faces Front
Garage Spaces 2.0
Garage Description 2.0
Fence Block, Wood
Pool None
Community Features Curbs, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Spanish Tile
Porch None
Parking Type Driveway, Garage Faces Front
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Lot Description Street Level
Faces East
Story 1
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
New Construction No
Construction Status Repairs Major
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 6202007021
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Probate Listing
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jaime Orozco • Keller Williams Beverly Hills