I visited this probate listing yesterday in the desirable Oaks neighborhood of Los Feliz, just next to Griffith Park, and see a lot of potential in it. Surely the 1948 built home is dated and needs updating, but it is tough to get into this neighborhood for under $1M, so this is a great chance for either a flipper to make a profit or a buyer looking to live in this fabulous location. At over 2,000 sq. ft with a step up living room and a den/media room that could be a 3rd bedroom, this property is good size and on a very private lot backing up to hillside, the bones are there to create something special. Lying on a cul-de-sac street, this is a well priced opportunity worth looking into if you have the vision, energy, and resources. To give an idea of the potential, I currently have a deal in escrow in this neighborhood that is just a bit larger for just over $1.2M! As I spend more and more time in this community, I like it more and more as well both for living and resale value.

5615 Green Oak Dr, Los Feliz

$850,000 2 Bed 1.75 Bath 2,098 Sq. Ft 20,186 Lot Sq. Ft

Listing courtesy of Eric Lowry & Anthony Papillo - Coldwell Banker-Sunset Blvd Pictures by Eric Smilay for Smilay Properties

If you would like to visit this property in person, please feel free to contact us anytime @ 310.600.9172 or email eric@smilayproperties.com. It is on lock box and easy to show, so just give a call. I predict it will get a lot of attention and go quickly, so don't delay.