Come Flip this Santa Monica Canyon Home

Santa Monica CA

21 April, 2021

12:02 PM

Description

Mid Century Architecture Design:  Built in 1954, this 4 bedroom home is waiting for an investor with an eye for value.  This home is clean and livable the way it is but a few  improvements could quickly add value with its location just a 12-15 minute walk to the sand. The lot  is 6100 sq ft so working with the exiting footprint could be the best option.  The estates from Adelaide are visible from the front and backyard which presents an enchanting back drop to the existing neighborhood views. The house could be flipped at a good profit by doing the following:  Buy this home for $2.5M, spend as low as approximately $105,000 in upgrades and possibly  re-sell it for closer to $2.9M-$3M $14,500.  Fresh Paint to exterior and interior            $17,800   New Roof to house and car port               $12,000.  New Flooring                                                $25,000  New Kitchen                                            $25,000. Upgrade 2 Bathrooms                          $10,000.  Miscellaneous Upgrades   www.virtualEntrada.com  (Pictures & Video)Call, Text or email Mark Bolender of RE/MAX Gateway.  310-857-4956, [email protected] 01065007