LAKEWOOD MUTUALS TRUST SALE – MAJOR FIXER / RENOVATION OR NEW CONSTRUCTION OPPORTUNITY! Exceptional opportunity for investors, builders, contractors, or buyers seeking a value add substantial renovation or potential new construction project. Situated on an approximately 5,836 sq. ft. corner lot, this 1952 property features an existing 3-bedroom, 1-bathroom residence… Read More of approximately 1,210 sq. ft., a detached garage, and a spacious yard. Conveniently located near shopping, dining, transportation, and major freeways. PROPERTY IS IN SIGNIFICANTLY DETERIORATED CONDITION AND REQUIRES EXTENSIVE REPAIRS, RENOVATION, AND REHABILITATION THROUGHOUT. The residence has substantial deferred maintenance and may not be habitable in its current condition. This is not a cosmetic fixer. Buyers should anticipate a major renovation or consider the potential for demolition and new construction, subject to independent verification of zoning, permitting, and applicable governmental requirements. TRUST SALE – PROPERTY SOLD STRICTLY AS IS, WHERE IS, WITH ALL FAULTS. Seller will not make repairs or provide repair credits or concessions in lieu of repairs. Seller will not perform termite work, trash removal, or government-required retrofits, if applicable, subject to the terms of the purchase agreement and applicable law. The insurance company has identified the need for roof repair. Regular homeowner’s insurance coverage may be difficult to obtain in the property’s present condition. Additional deficiencies, nonconforming conditions, and code-related issues may exist. Buyer is strongly encouraged to conduct thorough independent investigations regarding the property’s physical and structural condition, habitability, roof, foundation, systems, permits, square footage, lot size, zoning, school district, insurability, demolition feasibility, new construction potential, and all applicable governmental requirements. No representation or guarantee is made regarding the feasibility of renovation, demolition, or new construction. VALUE IS IN THE OPPORTUNITY TO RENOVATE, REIMAGINE, OR REBUILD. PROPERTY PRICED TO REFLECT ITS CURRENT CONDITION AND POTENTIAL. Read Less
Property listed by Coastal Realty Advisors Inc, Teri Diersing 714-409-5159
Listing Snapshot
Days Online
4
Last Updated
Property Type
SingleFamilyResidence
Beds
3
Full Baths
1
Square Ft.
1,210
Lot Size
0.13 Acres
Year Built
1952
MLS Number
OC26205304
Additional Details
Property Access
Frontage Type: CityStreet, Road Surface: Paved
Building
Built in 1952, Living area: 1210.0, Living area units: SquareFeet, 1 storey, Levels: One, Entry level: 1, Entry location: 1, Construction Materials: Unknown
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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