Investment Opportunity · Los Angeles, CA

281 E Avenue 33

Los Angeles, CA 90031 · MLS 26644821

List price
$959,000
3 bd / 3 ba
Bedrooms / baths
1,809 sq ft
Living area
1895
Year built
5,954 sq ft
Lot

"...purchased with Cash, a 203(k) Loan, Construction Financing, or a hard money loan."

Listed by Brian V. Moore Sotheby's International Realty (310) 849-4990

From the listing. Step into 1895 and discover a rare Victorian treasure. Only the second time on the market for more than 70 years. This property is set up as a house, and yet it was functioning as a Duplex for decades. Perfect opportunity for developers and flippers, prime location, endless potential, and ready to be reimagined for maximum return. This 3-bedroom, 3-bath home overflows with original character, hardwood floors, vintage windows, and timeless architectural charm. Tucked away on a quiet cul-de-sac, it backs up to a road and offers mountain and downtown skyline views in a peaceful, park-like setting. The garden, patios, and outdoor entertaining areas invite you to enjoy nature right at your doorstep, bordering Montecito Heights Open Space and hiking trails. Just minutes from Highland Park, Debs Park, and Heritage Square Museum. Parking for two cars. A one-of-a-kind opportunity to own a true piece of Los Angeles history. * * * This property will need to be purchased with Cash, a 203(k) Loan, Construction Financing, or a hard money loan. * * *

01 - Price This Property

What you qualify for on 281 E Avenue 33.

Preset with the list price and our rough renovation estimate. Change your score, your experience, the budget or the after-repair value and the numbers below move with them. Nothing is pulled and nothing is saved.

List price $959,000
State CA

A ballpark is fine. Nothing is pulled.

Flips, rentals bought and sold, or builds. Decides the down payment.

Our super rough estimate at our rate card. Put in your contractor's number if you have one.

The loan stays under 75% of it. Leave blank to size on the price alone.

    02 - The Numbers at Closing

    Priced at the list price.

    ItemOption 1Option 2

    *Every figure on this page is a rough estimate. The renovation budget is a super rough placeholder at our rate card, not a bid or an inspection; get your own contractor numbers before you offer. Indicative estimate for discussion, not a commitment to lend. Business-purpose loans to investors only; final terms are set at submission. Fix and flip loans are sized on an appraisal and must stay under 75% of after-repair value. 10% down is for experienced investors; first-time flippers put 20% down. The no-appraisal option is available in major California markets. Fix and flip fees include administration, documents, legal, draw inspections and servicing. Title, escrow and taxes are not included.

    We are the lender, not the listing agent. This property is listed by Brian V. Moore, Sotheby's International Realty ((310) 849-4990). To see it or make an offer, contact Brian directly, or work with your own buyer's agent. The numbers on this page are simply what our financing would look like on this property. Viewing them is not a commitment to borrow from us, and you are free to finance the purchase however you choose. We do not represent buyers or sellers.

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