2977 Belden Drive

    Los Angeles (City), CA 90068
    • $100,000
    • STATUS: Active
    • ON SITE: 7 days
    • ID#: 18394130
    UPDATED: 38 min ago
    $100,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    50% venture partner wanted to complete an approximate 2,200 sq. ft. spec home in Hollywood Hills estimated to be worth $1.6M after completion. No experience necessary as professional vendors for all aspects of the project are used. Must have good credit to qualify for a construction loan or all necessary funds to build. Thousands spent on geotechnical engineering, topography map, survey, plans, and design review board presentations. Building laws changed and updates needed. Up-slope lot with canyon views. An investment of $100K will cover a 50% ownership including the remainder of the estimated needed costs for permits and to balance equity positions. Price is based upon a mere $135K value of the lot with all the previous work completed and paid for. It is estimated that a remainder of $65K is needed for architectural, engineering, permits and necessary equity for 100% construction loan financing.

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    Based on information from CARETS as of 2018-10-15T07:43:25.213. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.fredhoward.com/homes/88286508

    2977 Belden Drive Los Angeles (City), CA 90068

    • Price: $100,000
    • Status: Active
    • Updated: 38 min ago
    • ID#: 18394130
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    Neighborhood:
    Hollywood Hills East (C30)
    County:
    Los Angeles
    Area:
    Hollywood Hills East (C30)
    Property Description
    50% venture partner wanted to complete an approximate 2,200 sq. ft. spec home in Hollywood Hills estimated to be worth $1.6M after completion. No experience necessary as professional vendors for all aspects of the project are used. Must have good credit to qualify for a construction loan or all necessary funds to build. Thousands spent on geotechnical engineering, topography map, survey, plans, and design review board presentations. Building laws changed and updates needed. Up-slope lot with canyon views. An investment of $100K will cover a 50% ownership including the remainder of the estimated needed costs for permits and to balance equity positions. Price is based upon a mere $135K value of the lot with all the previous work completed and paid for. It is estimated that a remainder of $65K is needed for architectural, engineering, permits and necessary equity for 100% construction loan financing.
    Exterior Features

    Distance To Electric On-Site Distance To Gas In Front Distance To Phone Service Readily Available Distance To Sewer In Street Lot Description Street Asphalt Lot Location Hillside Public Street YN Y Staked YN Y Topography Uphill View Canyon View

    Property Features

    Association Dues 0.0 Buyer Financing Cash To Loan Country United States Of America Current Geological YN Y Electric On Property Exclusions 50% INTEREST Gas In Street Hoa YN N Land Fee Lease Fee Legal Disclosures Take Property As IsOtherSoils Report Listing Terms Cash To Existing Loan Lot Size Source Vendor Enhanced Present Loans 24000.0 Sewer In Street Special Conditions Standard Sale Survey Survey Done Telephone On Property Topography YN Y Water District/Public Zoning Lar1

    Listing provided courtesy of David Bond DRE#00580597 of David Bond.


    Based on information from CARETS as of 2018-10-15T07:43:25.213. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
    Fred Howard Real Estate Team | Keller Williams Inglewood
    111 N. La Brea Ave, Suite 500
    Inglewood CA, 90301