Home >Projects>Done Projects>Sycamore Avenue, Los Angeles, CA
Project Status Due Date Investment Exit
Finished TBA $250,000 6 Months
 


Project Description


California Dreamin' Bungalow in Mid-City LA! This home is located in a great up and coming neighborhood that is close to all the shops and dining on Pico Blvd and Culver Arts District. This cozy 2 bedroom, 1 bath home has lots of original charm.  A great starter home for a small family or, with it's RD2 zoning and 5,002 square foot lot, it's primed for a developer. 
We plan to renovate and extend the house to a multi family house and sell.

Investment Summary
 
Purchase price $650,000
Renovation costs $350,00
Estimated selling price $1,300,000
Closing costs $65,000
Estimated profit $235,000








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