🔥 $945K Property with Duplex + ADU, $100K–$250K Spread, Great ROI! 💰

Los Angeles County, Los Angeles, CA, 90018 view full address
For Sale
Listed at: December 17th, 2024
Price
$945,000
ARV
$1,200,000
Gross Margin
$255,000
Sq. Footage
2907
Type
Single-Family
Parking
Assigned
Year build
1906
Lot size
0.16 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

 


🌟 HOT DEAL: 2106 5th Ave, Los Angeles, CA 90018 🌟

Approved Plans: Duplex + 1 ADU
🚫 No Garage
🛏️ 3 Bedrooms | 🛁 1 Bathroom
📐 Living Area: 2,907 sq. ft.
🌳 Lot Size: 7,002 sq. ft.

💰 Price: $945K
🛠️ Repairs Needed: $100K–$200K 🔨 (Perfect for a Fix & Flip Opportunity)
📈 ARV (After Repair Value): $1,255,000 – $1,450,000 💸


Status:

🏡 Property is Under Contract!
✔️ Ready for Repairs and Updates – A Great Investment for Fix & Flip!


🏡 Comparable Properties (Over $1M)

📍 2212 5th Ave, Los Angeles, CA 90018
🏠 Single Family Residential

  • Sold Price: $1,550,000
  • Sold Date: 11/22/2024
  • Price/Sq. Ft.: $632.65
  • Year Built: 1912
  • Location: West Arlington Heights Tract 🌳

📍 2021 7th Ave, Los Angeles, CA 90018
🏠 Single Family Residential

  • 🛏️ 3 Bedrooms | 🛁 3 Bathrooms
  • Sold Price: $1,260,000
  • Sold Date: 06/20/2024
  • Price/Sq. Ft.: $470.15

📍 2431 E 8th St, Los Angeles, CA 90021
🏠 Single Family Residential

  • 🛏️ 3 Bedrooms | 🛁 2 Bathrooms
  • Sold Price: $1,150,000
  • Sold Date: 10/04/2024
  • Price/Sq. Ft.: $436.27

📍 2257 W 21st St, Los Angeles, CA 90018
🏠 Single Family Residential

  • 🛏️ 4 Bedrooms | 🛁 5.5 Bathrooms
  • Sold Price: $1,920,000
  • Sold Date: 09/30/2024
  • Price/Sq. Ft.: $556.52

📞 Call or Text Omar for Fast Response: 505-537-9011 📲


Why This Property Is a Must-See:

  • Approved Plans for a Duplex + ADU: Unlock Huge Rental Income Potential! 💰
  • Perfect for Fix & Flip: With $100K–$200K in repairs, you can unlock tremendous value and generate great returns. 🔨💸
  • Attractive ARV Range: $1,255,000 – $1,450,000 makes this a great opportunity in an up-and-coming area! 🌟

Ready to take the next step? This investment opportunity won’t last long! 💥


 

HOUSE IS BEING SOLD " AS-IS" WITH NO WARRANTIES OR DISCLOSURES FROM THE SELLER AND BUYER TO PAY ALL CLOSING COSTS AND TRANSFER TAXES WITH THE EXCEPTION OF ANY PRORATED PROPERTY TAXES, LIENS, AND JUDGMENTS UNLESS OTHERWISE AGREED TO IN WRITING BY BOTH PARTIES. Deal Flow Today either owns or has equitable contractual interest in the property. The above marketing piece is referencing the equitable interest/option in the subject property, and recipients of this email are fully aware that the sellers' "equitable interest and contractual obligations" are what is being offered. Cash or hard money ONLY. Buyer is not relying on any representations, whether written or oral, regarding the property above. A minimum $5000.00 non-refundable deposit is due with contract acceptance. PROPERTY WILL BE CONVEYED WITH FREE AND CLEAR MARKETABLE TITLE UNLESS OTHERWISE AGREED IN WRITING BY BOTH PARTIES. NO INSPECTION PERIODS. Buyer to do their own due diligence prior to the seller accepting an offer. Sight unseen offer will require a sight unseen addendum to be executed prior to the acceptance of an offer.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Omar Montano

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Disposition manager