Propportunities in Glendale and Beyond

by Kendyl on October 14, 2009

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Chitlins, today’s post is just for those who are looking for a great real estate deal.   Those of you who are just looking for fun and amusement, move along.  there is nothing here for you today.  I will return to being entertaining later, I promise!

I know about a few really cool situations, so I thought I’d tell you about them in one fell swoop.

  1. A remodeled house in NWGD.  Great backyard, new kitchen, 3 bed 1.5 bath, about 1500 sf, well above Kenneth Rd. $640,000.
  2. 1342 Sonora is now at $549,500.  Last year, while a short sale, this house was getting $550k offers all day long.  Now, as a regualr sale in a more active market, this property will go FAST.
  3. An interesting investment: little house (890sf) in Burbank that has old tenants in poor health.  I tell you that because the trust will sell this home at a steep discount to whomever will agree to let the tenants stay until they die.  house is worth, maybe, $430-$450 and the trust has indicated they will sell for as low as $300k
  4. A fixer opportunity in Pacific Palisades.  This is on 2/3 of an acre, but not all flat.  It backs to Will Roger State Park and is located in a cool neighborhood above Sunset Blvd.  Homes in the area sell for 2-5 million- this house will sell for about 1.3 mill.  While not really a tear down, it is likely someone will want to maximize the value of the land.

Any of these opportunities float your boat?  Know of anyone who is a candidate for one of these opportunites?  Call me, text me, tell me what you want.  Let’s do business!

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