$25K PRICE REDUCTION Sherman Oaks Fixer (Sherman Oaks)

Property is under contract and ready to be assigned… PLEASE DO NOT CONTACT LISTING AGENT!!!

===> $25K PRICE REDUCTION <==

Sherman Oaks, CA 91403

SFR

3 bed

2 bath

1,835 sf

Lot: 15,460 sf

New Purchase Price: $1,125,000 plus 3% buyers fee

EMD: $10,000

Escrow Period: 14 days

Repair Est: $400,000 (Add 1,200 sf an convert into a 2-story 4 bed 3.5 bath home with pool and total of 3,035 sf)

ARV: $2,135,000

PROPERTY IS VACANT AND HAS A SUPRA LOCKBOX… GO DIRECT!!!

Views, Views, Views. .. .. .. .High in the hills of Sherman Oaks view home on TWO lots with a 148 feet frontage. Total land area is about 15,400 sq. ft. plus. Mostly level and very usable. Unobstructed view of the San Fernando Valley. Sweeping eastward views from the living room and family room and dining area. Large windows , bright and very private. Three bedrooms and two baths. Separate laundry area. Large walk-in cedar lined closet in the master bedroom. Two fireplaces. Large patio adjacent to family room. Detached garage, and a large grass back yard. Gated driveway. House was built in 1955 by Seller. The interior is in it’s original condition — definitely needs up-dating. But, the bones and floor plan are very good. Lots of potential to add-on or re-build.

COMPS:

3830 Royal Meadow Rd Sherman Oaks, CA

BED : 4 BATH: 3 SF: 3,009 LOT: 17,114 SP: $2,145,000 SD: 06/01/2018


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