418 E Cherry Ave, Monrovia, CA 91016

Property Description

SHORT SALE APPROVED AT $315,000.00. Property is in substantial need of repair, as there may be some foundation issues and/or concerns that are seemingly apparent -- visually throughout flooring. Structural engineer may be recommended. Owners have updated much of property, but the GREATEST property characteristic is it's curb-appeal. The area is highly desirable -- close to freeways, shopping outlets, etc. Furthermore re: property -- Owners state that fireplace has been inoperable; there is a closet-converted bedroom; whereby Buyer is recommended in determining legality and permits at their own discretion. Properties in the area are selling between $360,000 to $390,000.00 fixed-up and remodeled completely. NOTE: This property needs A LOT OF WORK, but is worth the effort. There are also TITLE ISSUES with property.This property cannot go financed. IT MUST GO CASH. NOT hard money -- pure CASH. Possible Quite Title Action to remove all three(3) Fraudulent liens may be needed to be taken at Buyer's expense after sale of property. Property may have to be held from 6-12 months as a result.