Los Angeles County, CA, 5471020015

Unfortunately this project hasn't been funded on time!

Property Details

  • Time to Build
    NA
  • State
    California
  • County
    Los Angeles
  • City
    LOS ANGELES
  • GPS
    34.1074721340024,-118.20813778425
  • Curent Zoning
    LARE11
  • General Elevation
    580
  • Taxes
    $290.22
  • Conveyance
    Grant Deed
  • Sewer
    Down the street
  • Parcel Size (in acres)
    .26
  • Zip
    90042
  • Title Info
    DALE WASHINGTON
  • Access
    Paved road with utilities and streetview stops 50' shy of the lot. There is legal access from there but the road needs adding on to get there and build on this land.
  • Terrain
    Hill
  • HOA Fees
    NA
  • Power
    140' to the nearest power pole.
  • Water
    At the Street
  • Phone
    At the Street

Transaction Details

Total Transaction Purchase Price (including closing costs): $42,000
Anticipated Sale Price: $65000
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 150 days
Escrow or Notary Acquisition? Escrow
Escrow or Notary Sale? Escrow
Percent of Funding from Partner Required: 100%
Equity Partner Profit Split: 60/40%
Anticipated Budget: $65,000-40,000=25,000, 25,000*.6=15,000, 25,000*.4=10,000

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