4373 Scandia Way, Los Angeles, CA 90065

Purchase Price: $699,999 

ARV: $969,430

Pictures:  https://drive.google.com/drive/folders/10kR3Ed2l43U1FqyVg6_xp2utgA0Ia_M_

Property Description: 

OFF-MARKET quaint single-family home in Glassell Park! The property sits at the end of a quiet road and has a carport and peaceful outdoor space with hillside views! The home has exposed beams throughout, with room to add more square footage to the existing structure and prepped for a quick turnaround!

Best Profitable Exit

Add up an additional 2,300 Sqft. to the existing structure and bring it up to 3,070 Sqft. land is a little over 5,000 Sqft. and will be no problem to do that. The estimated cost for the addition should be about $690,000. Therefore, you will be around $1,400,000. Sold Sqft. in this area goes for over $1,100. You could sell after rehabbing this property for $3,400,000 to $4,000,000.