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.
FIRE SALE! Single family home with severe fire damage, being sold as-is. Re-build the existing house or tear down and start over! Original 1008 sq ft. structure was built in 1923 and features 2 bedrooms, 1 bathroom, living room with fireplace, an open dining room, bonus room off kitchen, covered front porch, and a detached one car garage (converted and added on to make an unpermitted 1 bedroom, 1 bath apartment). Redesign the floorplan to expand the kitchen and add a master suite at the rear. As a teardown, this spacious 5933 sq. ft. lot offers tremendous development potential (buyers to verify property is in a Tier 2 TOC and is not affected by HPOZ). Remodeled SFRs in the area are selling for almost $900Kimagine what a brand-new home with ADU could sell for (and check with the city to see about utilizing SB9 and SB10 to build more units). Great location near the 110 freeway, USC, Sofi Stadium, The Forum, Space X, LAX, and more. NOTE: Property is fully fenced and not accessible without listing office present. See open house schedule for interior access dates/times. **DEADLINE FOR OFFERS: FRIDAY, MARCH 11, 2022 AT 9:00AM.**
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Los Angeles Overview
14,102 bank-owned homes for sales in Los Angeles. In Los Angeles, $668 is the median price for one square foot. The median price per square foot tends to be $668 in Los Angeles. Some of the most preferred cities near Los Angeles are West Hollywood, Beverly Hills, and Culver City. Check out bank-owned & REO properties in these zip codes 90010, 90075, and 90076. RealtyStore.com subscription can help you win unlimited access to REO & Bank-owned addresses, auction dates and locations, loan history, and much more. Check millions of hidden listings and save BIG on home today!