Off market in Hollywood Hills. ULTRA Trophy property. 7435 Woodrow Wilson. West Hollywood Hills 90046 * no daisy chains* > Price: $3,090,000 > Repairs: $225K (flooring, kitchen, 3 bathrooms, minor landscape...possible deck) > ARV: $4M-$4.2m > Sale: Standard / UN-listed > Deposit: $80K > This one can Definitely be purchased by a celebrity for TOP dollar. > > Price per square foot for this neighborhood ranges in the $950/sf HOWEVER, much higher for the architectural type home (in HIGH demand). > > Property needs $225 to redo floors, landscaping, kitchen, a few bathrooms, clean the pool...and a possible deck option. > > Theres an $8m property nearby which was bigger PLUS a few other architectural homes that sold for TOP dollar. > > This home is not like your typical Hollywood hills properties. Its ONE of a kind! > > This home offers incredible views, privacy, plenty of space and MULTIPLE WOW factors. > > Situated in the celebrity row. Near Robert DeNiro & Quintin Tarantino amongst MANY OTHERS!!! > > Was also part of the cluster of properties that had high profile designers involved in. > > This home, after a 60 day renovation, could very well sell for $4M+ because it sits on an ACRE of land of which HALF of it is flat including a long, wide & private / gated driveway. > Sell at $4M with $700k proceeds: > -$140K commission (1% re-list with us & 2.5% to selling agent) > -$60k additional buffer for closing costs > $500K pure profits! > > 15% Return on Investment! > > ***not bad for a 2 month project*** VIDEOS to show condition: > 1: entrance, pool, deck, landscape, kitchen: > youtube/watch?v=PVDBtZb9tRc > 2: > Flooring, bathrooms, master: > youtube/watch?v=YbfPyDxCT6 bulkreowealth@gmail
Posted on: Fri, 16 May 2014 05:00:09 +0000
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