Westlake Village Luxury Flip Available


westlake village

Reply for the Address+ Appraisal+ CMA if you buy in this price range and location.

Appraisal ARV is conservative, as market is trending and ARV is $500 -585 sq ft.

   Westlake Village, CA. 91362 

This is an incredible property with a turnkey backyard and pool.  A magnificent location in exclusive North Ranch area of Westlake Village,  this is an incredible project for the price.

Square feet: 5730  (not additional square footage needed)

Price: $1.855M 

Repairs: $250k (MAXIMUM).  Home is in great condition, just needs updating and opening of the kitchen and moving of the staircase.   Not a huge project as the home is immaculate inside, NO BACKYARD REPAIRS. 

ARV: $3.1 Million (have appraisal), Appraisal is Conservative at $2.8M

Please note that right now North Ranch is RED HOT and the market is really moving up and trending to $500-$550 a square foot for newly remodeled homes.  The area is affluent and very family oriented, Westlake is home to many celebrities and executives.  The market for turnkey property is very active right now!.   We are seeing a strong push in this area and finished, turnkey luxury projects are moving VERY fast.

 

Incredible opportunity here at the price!   We feel this property will sell for $3.0 million when finished due to the upswing in the market and rising sales.  My office currently has several in escrow in this neighborhood at $525-$550 a square foot.

1

Leave a Comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s