Fixer Opportunity

Fixer Opportunity in Great "Oaks" Neighborhood

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.

New Foreclosure Fixer Opportunity in Prime Sunset Strip Location

Fixer alert in a great location North of Sunset just east of Kings on Hollywood Blvd. Clearly the property has tremendous views, which is the backdrop of it's potential of course. It is somewhat hard to judge the space without visiting it in person, but the open floor plan and essentially stripped rooms allow for one to tap into the potential of the homes' blank canvas. With homes in this area easily selling for $2M and up, the potential is there to fix this up to either live in and enjoy or sell immediately at a nice profit. Let the Flipping begin.

8368 Hollywood Blvd, Hollywood Hills

$999,900 1 Bed 3 Bath 2,124 Sq. Ft 5,210 Sq. Ft Lot

Listing & Photos courtesy of Harma Hartouni - Keller Williams Encino-Sherman Oaks

If you are an investor or buyer looking for a project, this could be a great opportunity to add serious value to a prime location that will surely always be desirable. If you would like to see this property in person, please contact us anytime @ 310.600.9172 or email smilayproperties@gmail.com.

Fixer Character Spanish Home Available in the Hollywood Hills

Back on the market & Reduced. Attention Developers, Contractors, Investors, & Professional Flippers this is a tremendous opportunity that just needs work and updating. Fix up and add value to live in or sell -- so much potential here. If done right, I believe this house would sell in the $1M-$1.1M range, so there is a deal to be had here for a savvy investor. Lying in a great location in the Hollywood Hills is this Spanish home with intricate character details throughout. Up in the hills with peaceful canyon views and on a great street, but just a minute to the heart of either Hollywood or Studio City. Great curb appeal; upon entry one is struck by the multiple large bay windows allowing a ton of natural light to flood the property. There is also an addt'l 1 bedroom apartment space with it's own separate entrance. Also a six car parking garage! Simply a great opportunity in a prime location. Motivated seller.

3249 BENNETT DR, HOLLYWOOD HILLS

$749,000 3 Bed + 1 bed apartment w/ separate entrance 3 Bath 2,458 Sq. Ft 4,930 Lot Sq. Ft

Please visit http://gallery.me.com/bartondt#100020 for a detailed tour of the professional pictures taken of this fine property. This is a large home that is priced well in this location. It has exquisite Spanish details, an open floor plan, updated kitchens and baths, and is ready to go. If you would like to see this home, please contact us anytime @ 310.600.9172 or email smilayproperties@gmail.com.

Incredible Opportunity With Views In Sherman Oaks

This almost 3,500 sq. ft property with incredible views represents a great opportunity for either a buyer looking to create their dream house, or an investor looking to fix and flip the property. Located high up in the hills of Sherman Oaks with easy access to the Westside or Hollywood this home is being sold by it's original owner and is the first time ever on the market. The listing has limited pictures, but does mention that it has a great entertainer's open floor plan and pool. With other properties on this street currently on the market at $1.5M and almost $1.7M, this listing is clearly an opportunity to be taken advantage of.

4086 Cody Road, Sherman Oaks

$829,000 (Reduced from $879,000) 4 Bed 3 Bath 3,455 Sq. Ft 7,520 Sq. Ft Lot

Listing and Pictures Courtesy of Michele Lipkin - Coldwell Banker HP South

I believe there are tremendous potential lying in several of these mid-century original homes in the hills of Sherman Oaks. They all seem to have the nice open floor plans, pools, and incredible views. Also, there is a very limited supply of redone homes done by real designers in this area, which means a savvy investor may be able to command top dollar when it comes time to resell the home. If you would like to see this fine home, or discuss other opportunities in the area, please contact us anytime @ 310.600.9172 or email smilayproperties@gmail.com.