Just SOLD! Fixer in Highland Park!
This 3 bedroom 1 bath home is anxiously awaiting a major facelift. This 1,095sqft home was sold on Monday, April 2nd by yours truly. My client has big plans for this home – so stay tuned! It will be transformed and back on the market before you know it!
This home was originally listed for $420,000 then reduced to $325,000 but I was able to snatch it up for my clients at $291,000. The home appraised for higher so they are walking into some equity already.
As you read in my last blog, Highland Park is becoming an investor’s paradise. If you want more information on this, please see the blog posted on 4/3.
If you’ve ever thought about flipping or remodeling a home, call me and we can chat about the amount of work you want to do and the return on investment you are expecting. There’s no way to tell how the market will change in 6 months but we are already seeing an increase in prices, especially in this area. The increasing activity of remodeled homes just further drives prices back up.
If you are looking to buy a remodeled home in this area or any other area of LA please let me know what you are searching for and I’ll send listings that fit your criteria.
Many of you think, “Brittany I can’t afford to buy right now,” but you can! It’s such a great investment and saves you money thanks to write-offs! Not to mention, you’ll no longer be throwing money away on rent but gaining equity! Whoot Whoot!
Thanks to one of my amazing mortgage guys, Patrick with Prospect Mortgage, I have some calculations for you. If you are curious to know what your mortgage would be on a property priced at $295,000 click here.
If you would like to know what your mortgage would be on a completely remodeled 4 bedroom 3 bath home in Highland Park click here.
So you see, you can afford to buy after all if you’re realistic.
If you would like more information please feel free to check out my other website and search for properties here. You may also reach out to me directly at 310.956.9385 and I would be happy to answer any questions you may have.
Brittany Sells LA


