BERENDO LOS ANGELES, CA 90027

Features

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Facts

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Foreclosure Info

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Description

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

Investors Dream!!! A must-see historical gem in the heart of Hollywood with much potential! This is a highly sought after 1907 Craftsman style home with plenty of curb appeal, large 2,000+ sqft interior footprint, and even larger Lot inviting many options for development. Build either a 4 unit income apartment, two 3 story-luxury townhomes or a 5 story, 9 unit TOC apartment. Where ever you imagination can take you this property can deliver. This is the perfect blank canvas for a multi unit or a brand new Cape cod styled Single family residence. Customize this home for mass entertainment or a newly renovated community ready to attract the most discerning flippers and experienced developers. This Property is also a Development Deal for a Builder and is being sold as is and subject to inspections. Please review supplements in the supplement section. This rare find won't last long.