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Key Details
Sold Price $555,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Signal Hill (Sh)
MLS Listing ID PW22246912
Sold Date 01/17/23
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1947
Lot Size 6,503 Sqft
Property Description
*** SIGNAL HILL SFR ZONED R2 WITH UPSIDE POSSIBILITIES*** Why just purchase a SFR… why not purchase a SFR with the opportunity to ADD VALUE and put $$ in your pocket NOW?! This Bungalow currently features two bedrooms with 1.5 baths (NOTE the tax roll shows 3 bedrooms/1 bath in spite of my research at the city and tax assessor’s office I cannot add clarity). BUYER TO SATISFY THEMSELVES; SEE AGENT COMMENTS. Although this property has huge possibilities, The existing structure has some issues that will limit financing types (CASH, REHAB LOAN OR HARD MONEY ARE IDEAL): the current living room has been unprofessionally divided by a wall, the kitchen ceiling is bubbling from a current roof leak and the inside laundry room is missing the ceiling; apparently from the roof leaking. What appears to originally have been the garage has been converted to a room; it could be a 3rd bedroom, but it is missing closets and has a back door opening to a 2-car open concrete parking slab off the alley. Also, there is a fairly substantial amount of cracking noted along the ground level of the stucco at front could indicate foundation issues? There is also a small BASEMENT located at the front door entry. The property has two water heaters. The subject is located within a ½ block from what appears to be light manufacturing property. Subject is also located within close proximity of transportation, shopping and entertainment. ***HURRY – THIS UNIQUE OPPORTUNITY WILL NOT LAST LONG!***
Location
State CA
County Los Angeles
Area 8 - Signal Hill
Zoning SHR2
Rooms
Main Level Bedrooms 3
Ensuite Laundry Laundry Room, Outside
Interior
Laundry Location Laundry Room,Outside
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry Laundry Room, Outside
Exterior
Pool None
Community Features Curbs, Street Lights, Sidewalks
View Y/N Yes
View Neighborhood
Private Pool No
Building
Lot Description Front Yard
Story 1
Entry Level One
Sewer Unknown
Water See Remarks
Level or Stories One
New Construction No
Schools
School District See Remarks
Others
Senior Community No
Tax ID 7211019010
Acceptable Financing Cash, FHA 203(k)
Listing Terms Cash, FHA 203(k)
Financing Cash
Special Listing Condition Real Estate Owned
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Bought with Ruben Sanchez • Compass
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605