Short Sale subject to lender approval. Prime location, Great opportunity to Investor and Developers, Good cash flow potential, Rent for non-permitted unit. Historical zoning LAR2-HPOZ, Sold AS-IS condition. Buyer and Buyer's agent verify all information.
Back on the market ,the current buyer cancelled the escrow due to tenants are not cooperating for relocation. The Short sale price was approved for $620,000.00 til last Friday. Now new approval price must be set once new offer's submission .
The owner is not giving the property vacant , it is the buyer's responsibility to relocate the tenants, currently tenants are on month to month.
The property has substance notice for the illegal garage conversion, illegal conversion from SFR to multi units(2nd floor). But it can be convert it into 2 units since it is LAR2-HPOZ. previous buyer verified with LABS. But it is the buyer & Buyer's agent's responsibility to verify all the information.
The appraisal report was done on Oct. 2nd and it came as is $800,000.00
Upon your request , the appraisal report is available also the substance notice .
No inspection will be grant due to tenants un-cooperation .
The seller needs at least 2- 3 month to move out after closing.
|Square Feet||≈ 2,956|
|Sub-Type||Single Family Residence|
|Listing Brokerage||Masters Realty Eastern Group|
|Listing Agent||Karen Ji|
|Listing Agent BRE #||01320587|
Based on information from California Regional Multiple Listing Service, Inc. as of Monday, January 15, 2018.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
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