3922 RODERICK ROAD

3/29/18:

  • We are in escrow now and going through the process of acquiring insurance, getting preliminary title reports and all of the other details in order to have a clean closing by the end of August 2018

  • We are interviewing Sub Contractors for this project. We will make the choice within the next two weeks

  • Final Deal Analysis are:

    • ACQUISITION COST: $605K

    • PLANNED REHAB BUDGET: $180K

    • PLANNED ARV: $1.125M

    • PLANNED REHAB TIMING: 20 WEEKS 

    • REHAB PLAN IS TO:

      • ADD SMALL JACUZZI ​

      • NEW OPEN PLAN KITCHEN

      • ADD ON-SUITE BATHROOM 

      • NEW FENCE IN REAR

      • UPGRADE CAR PORT

      • ADD A 1 BATH

      • ADD 1 BEDROOM

      • UPDATE ALL EXITING BATHROOMS AND BEDROOMS

      • NEW ELECTRICAL

      • NEW PLUMBING

      • NEW HVAC

      • NEW PAINT (INSIDE AND OUT)

      • NEW DECKS (2)

      • NEW FRAMING THROUGHOUT

      • NEW FLOORS

      • NEW DOORS

      • NEW LANDSCAPING

      • NEW EXTERIOR STAIRS

      • NEW INTERIOR STAIRS

      • NEW KITCHEN

      • TECHNOLOGY IMPLEMENTATION (NEST, SURROUND SOUND, CABLE, ETC)

      • NEW WINDOWS

      • NEW ROOF

HERE ARE PRE-REHAB PHOTOS & OTHER DETAILS OF THE PROPERTY: https://www.redfin.com/CA/Los-Angeles/2592-Adelbert-Ave-90039/home/7066531

We'll be posting more updates next week!