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The Los Angeles Cashflow Community Message Board › South Redondo Light Fixer

South Redondo Light Fixer

Robert Sepulveda
Posted Dec 27, 2006 11:44 AM
Southbayinvestor
Torrance, CA
Post #: 1
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Hello Investors,

I'm about to tie up a fixer in south redondo at around $725k near the avenues. There's nothing active in the area less than $925k around the same size; and nothing sold for less than $905k fixed up. That's around a $150,000 to $200,000 equity purchase.

It's a 4 bed 2 ba; 1400sf on 6300sf lot with a hillside view.

You can do a quick, light paint, flooring and landscape rehab for about $15k or full rehab w kitchen and baths for about $36k. This could be a very quick turnaround.

I'm looking for a $15k assignment. email me at info@sepulvedaproperties.com
if you're interested and would like to see comps, the contract and pictures of the property.

Robert

more deals to come!!!!!
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