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 |
More Details
Project Duration: 6 Months
Status: Finished
Investment Needed: $250,000
Due Date: TBA
Project ID: 21081
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