Santa Monica Sunset Park Fixers – And an Opportunity for the Right Homeowner

by WestsideDB on March 20, 2010 · 0 comments

in Fresh Listings on Great Homes,Santa Monica real estate,Santa Monica Short Sales,Sunset Park Real Estate

I smell opportunity.  Whenever I see homes like these two, I know that someone with an ounce of smarts and know-how can turn these traditional Sunset Park homes into a gem.  Real estate for sale in Santa Monica can have all sorts of flavors – and these two need some love to bring them to glory.  And look at the pricing!  749K and 699K – this is truly the low end of single family Santa Monica real estate for sale and an entry level starter home or potential flip for someone.  Let me know if you would like to see these homes and if you want more information.

2434 23rd 300x225 Santa Monica Sunset Park Fixers   And an Opportunity for the Right Homeowner

$699,000 Santa Monica Sunset Park Traditional for sale

2454 Euclid 300x225 Santa Monica Sunset Park Fixers   And an Opportunity for the Right Homeowner

$749,000 Santa Monica Sunset Park Traditional for sale

Both of these are on 6750 ft lots and in amazing neighborhoods, not to mention both are in different school districts – 699K is in Grant and 749K is in Will Rogers.  And both need work.  Did I mention that?

If you take into consideration that FHA financing’s loan amount is capped at $729,750, with 3.5% down, these homes are attainable through FHA.  Granted, you may have to do a 203K construction loan on them due to current conditions, and it gives you an “in” to great school districts and a lifestyle that for many is the lifestyle they will never leave.

Need an FHA primer?  Call me using the widget on the right – Google will connect you for free.   Or you can check out WestsideDB’s post about FHA financing.

Are you thinking about buying a home or selling a home?  Let WestsideDB know how he can assist you in finding great deals like these two.  Have a general question?  We’re here for that too.  See you in the neighborhood.

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