135 E 60th St, Los Angeles, CA 90003

Property Description

Opportunity knocks! This 3-bedroom, 2-bathroom home is being offered at an aggressive price and presents a unique opportunity for investors, builders, contractors, or buyers seeking a project with significant upside potential. The main residence is in move-in condition and offers a solid foundation for future improvements. However, the property also contains four unpermitted structures that, according to the City of Los Angeles, will need to be demolished. The buyer shall be solely responsible for conducting their own investigations and for satisfying any and all requirements, corrections, permits, fees, demolition costs, or compliance matters required by the City of Los Angeles after closing. The property will be delivered vacant at the close of escrow. Due to the property's current condition and code compliance issues, traditional financing may not be available. Cash offers or other non-traditional financing options are strongly encouraged. Please note: No wholesaler, assignment, double-close, or assignable contract offers will be considered. Buyer must close in their own name and perform under the terms of the purchase contract. An excellent opportunity for the right buyer to unlock the property's full potential. Buyers are advised to conduct all inspections and due diligence prior to submitting an offer.