2977 Belden Dr Los Angeles, CA 90068

$100,000
Los Angeles, CA   90068
0 Beds, 0.0 Baths, 0 sq ft, 5,858 sq ft lot, Built in 0
2977 Belden Dr, Los Angeles, CA 90068 Photo 0
2977 Belden Dr, Los Angeles, CA 90068 Photo 1
2977 Belden Dr, Los Angeles, CA 90068 Photo 2
2977 Belden Dr, Los Angeles, CA 90068 Photo 3
0 Beds,
0.0 Baths,
0 sq ft,
5,858 sq ft lot
Built in 0

Description

MLS# 18415136

50% venture partner wanted to complete an approximate 2,200 sq. ft. spec home in Hollywood Hills estimated to be worth $1.6M after completion. No experience necessary as professional vendors for all aspects of the project are used. Must have good credit to qualify for a construction loan or all necessary funds to build. Thousands spent on geotechnical engineering, topography map, survey, plans, and design review board presentations. Building laws changed and updates needed. Up-slope lot with canyon views. An investment of $100K will cover a 50% ownership including the remainder of the estimated needed costs for permits and to balance equity positions. Price is based upon a mere $135K value of the lot with all the previous work completed and paid for. It is estimated that a remainder of $65K is needed for architectural, engineering, permits and necessary equity for 100% construction loan financing. See the Dropbox link for additional info, details and docs. Entitlements continue...... Listed by David Bond, David Bond.

Description

MLS# 18415136

50% venture partner wanted to complete an approximate 2,200 sq. ft. spec home in Hollywood Hills estimated to be worth $1.6M after completion. No experience necessary as professional vendors for all aspects of the project are used. Must have good credit to qualify for a construction loan or all necessary funds to build. Thousands spent on geotechnical engineering, topography map, survey, plans, and design review board presentations. Building laws changed and updates needed. Up-slope lot with canyon views. An investment of $100K will cover a 50% ownership including the remainder of the estimated needed costs for permits and to balance equity positions. Price is based upon a mere $135K value of the lot with all the previous work completed and paid for. It is estimated that a remainder of $65K is needed for architectural, engineering, permits and necessary equity for 100% construction loan financing. See the Dropbox link for additional info, details and docs. Entitlements continue...... Listed by David Bond, David Bond.

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    Mike Misquez, MBA

    NMLS# 1662824

    Direct: (909) 251-2560
    Email: mike@colonialres.com

Area
AREA: C30 - Hollywood Hills East
COUNTY: LA
Building Info
VIEW: Canyon
Community
HOA DUES 1: 0.00
Land
ZONE: LAR1
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