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Key Details
Sold Price $400,000
Property Type Single Family Home
Sub Type Detached
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
Style Detached
Bedrooms 4
Full Baths 4
Construction Status Repairs Major
HOA Y/N No
Year Built 1924
Lot Size 5,918 Sqft
Acres 0.1359
Property Description
Attention investors! Zoned R3, An exciting opportunity awaits in Walnut Parkan 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 prospectseize the chance to maximize the potential of this Walnut Park gem.
Attention investors! Zoned R3, An exciting opportunity awaits in Walnut Parkan 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 prospectseize the chance to maximize the potential of this Walnut Park gem.
Location
State CA
County Los Angeles
Area Huntington Park (90255)
Zoning LCR305
Interior
Flooring Carpet, Tile, Wood
Laundry Inside
Exterior
Exterior Feature Stucco, Frame
Garage Spaces 2.0
Fence Wood
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Spanish Tile
Total Parking Spaces 2
Building
Lot Description Curbs, Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 1 Story
Construction Status Repairs Major
Others
Monthly Total Fees $74
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Probate Sbjct to Overbid
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Bought with Jaime Orozco • Keller Williams Beverly Hills