Thrive California

2977 BELDEN, Los Angeles (City), CA 90068

  • price: $100,000
  • SqFt:
  • type: Land
  • MLS#: 121568078950
  • status: Active
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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......

More Details

Lot Size in Square Feet: 5,858
Year Built:
Pool: Yes
Has Garage: No
Scott Ferrell

Hi, my name is Scott. How may my team help you?

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310-855-3415 | 805-497-6661 | 818-587-8182 | CA BRE Lic 01343907

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Listing Agent: David Bond Listing Office: David Bond