Hot Area of Los Angeles/ Culver City Border.This is for experienced rehabbers only. Do your numbers and get back to me right awayPrice $200KDevelopment Cost $350kARV $725kThis is a lovely piece of land in a very desirable neighborhood where there is not a lot of property for sale. The highest and best use would be to build a 3/2 2200-2400sqft . Do to it being new construction we give it a ARV in the $700k. With comps in the area between $695k-$800k.COMPS3811 S CLOVERDALE AV LA STD SALE $705,911 3/3 Built 1947 2,484 0.197/8,577 lot Sold 02/27/14 3903 S BURNSIDE AV LA STD SALE $798,800 3/3 Built 1947 2,251 0.164/7,145 lot Sold 03/11/14 4111 TERRAZA DR LA STD SALE $800,000 4/4 Built 1962 2,467 0.161/7,030 lot Sold 02/05/14 4062 MANTOVA DR LA STD SALE $800,000 3/2, Built 1956 2,052 0.406/17,667 lot Sold 05/30/14PLEASE DO YOUR DUE DILIGENCETHIS WILL GO FAST!!THE FIRST LOI, POF WITH 1OK EMD WILL GET THIS SMOKING DEAL!!CALL or TEXT(562) 310-4374 Bernie(424)-259-3733 Fernando
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