Request Address If Interested Commerce, CA 90040
    $ 605,000.00
    Duplex - Under Contract & Ready to Assign

    Request Address If Interested Commerce, CA 90040
    • Property ID: 5875
    • Rehab: Buyer To Determine
    • ARV: 820,000
    • Bedrooms: 5
    • Bathrooms: 2
    • Area: 1908 sq ft
    • Lot size: 6137 sq ft
    • Status:
    • House Type: Multi-Family

    Description

    Wholesale deal under contract ready to assign
    Detached Units Duplex |  5 bed  |  2 bath  |  1,908 sq ft  |  6,137 sq ft lot
    • Delivered tenant occupied, and with a cash for keys agreement in place (if preferred).
    • Sweet duplex in the city of Commerce, near the Citadel outlet mall, with easy access to DTLA and the industrial areas around L.A. It’s occupied now, however both tenants are amenable to a cash for keys offer to vacate.
    • There is plenty of parking, and the units are detached, which is always a bonus!
    • Two detached units:
      • Unit 1 is a 3 bedroom, 1 bath, 1100 sf – Current Rent is $1,600/mo
      • Unit 2 is a 2 bedroom, 1 bath, 808 sf – Current Rent is $1,200/mo
    Purchase Price: $605,000
    Rehab: Buyer To Determine
    ARV: $820,000
    Comps:
    1) 8225 Paramount Blvd. is 1705 sf, and sold last month for $795,000. It’s in a little better shape than ours, but only has 4 total bedrooms.
    2) 6732 Charner is right next door in Bell Gardens. It sold for $830,000 a month ago, and is the same unit mix as ours. It’s a little larger at 1928 sf and on a larger lot. It was in ‘just ok’ shape at the time of sale.

    View on map / Neighborhood

    This style property is located in Commerce is currently and has been listed on Fund2Flip. This property is listed at $ 605,000.00. It has 5 beds bedrooms, 2 baths bathrooms, and is 1908 sq ft. The property was built in year.

July's Fresh Deal

No Longer Available $ 915,000.00
1498 sq ft 3 beds 2 baths

Fix & Flip Financing

Private Money Loans for Flippers and Rehabbers Trimark Funding provides rehab loans for non-owner occupied residential fixer-upper improvement projects in California. Our client borrowers are…

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