Outhouse Inclusive – Bank Wants Out NOW!
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Nice Compton Home – Fix-And-Flip Or Hold…
The bank’s had enough of the credit crunch…
Watch this short movie to walk you through this great first-time buyer or investment home in Compton. It needs minor cosmetics, and there are several creative additions. One of the bathrooms seems to have been added (probably unpermitted), and there is an extra “bedroom” with private access that was created from a covered porch. Don’t miss the “outhouse”!
Watch the Walk-Through Video here:
E El Segundo Blvd
Compton, CA 90222
3 bedrooms, 1 bath, 956 Square feet (Actual: 3 bed, 2 bath – plus the “outhouse”)
ARV: $237,000
Sold comps in the area are almost exclusively “foreclosure resale” transactions. By and large these are bank owned properties in bad shape. The key to prosperous investing in this market is to rehab a good product and sell it at an affordable price that allows for a reasonable profit. – Or hold on to it and rent it out for the big payday and wealth building strategy.
Our cash price: Only $109,900 (includes assignments)
Repairs: $16,500 (paint, carpet, minor repairs, cleanup, appliances)
Call now to lock in this great property: 626-921-5881
