Los Angeles

Los Feliz Flip Deal of the Week.

The Best Deal in Los Feliz…Right Now!

Listed at $549,000 – only $307 per sq.ft., but this home is subject to court confirmation, and could be purchased for much less.  Contact me for all the details on this beautiful Spanish potential.

List of features:

• 2 Bedrooms
• 1 Bath
• 1,786 sq.ft.
• 7,000 sq.ft. lot size
• Built in 1923
• 2 car garage
• North of Los Feliz Blvd.

MLS listing information, photos, and maps.

Agent notes:  1923 Mediterranean Los Feliz treasure. This home takes one back to a most captivating Hollywood lifestyle. Hand painted beams grace 20ft ceilings and doors, echoing an attention to detail unmatched in current architecture. One can only imagine the glamorous parties and events that once graced this showplace, …. Now “Grey Gardens” this home from yesteryear longs for a truly gifted artist to restore it to its original splendor. This home needs everything from top to tails. Cash only please. Conservatorship property requires court confirmation and subject to overbid. BUYER BACKED OUT, BRING YOUR OFFERS!!!!! OPEN HOUSE 12/12/10 2-4. DONT MISS THIS ONE.SEE PRIVATE REMARKS FOR COURT INFORMATION.

When buying and selling a flip on behalf of a client, it is crucial to know the neighborhoods, know the comps, and be conservative in all figures.  I have been to this particular property a few times with a contractor who specializes in flips.  Chris Teutsch of Avante Interiors does exceptional work, and he is my contractor of choice in Los Angeles.  Chris has conducted a half dozen high-end remodels and flips in Los Feliz over the past two years.  You can discover more about Chris Teutsch and Avante Interiors in our Affiliate page.

Chris has created a fully remodeled [with an addition] estimate for this property.  I think you will be amazed at how much profit is available as a flip potential and equally amazed at what a beautiful home this will be for an owner-occupant.

If you are searching for a great flip in Los Angeles, I will find it.  Please contact me today about this home or any of your real estate needs.