Detailed Introduction Of This Home
Amazing Equity Opportunity in the highly sought after prestigious neighborhood of Baldwin Hills Estates offering unobstructed panoramic views of Downtown Los Angeles, Century City, and the Hollywood Sign!! Tenant Occupied- Do Not Disturb the Tenant! This property will Not qualify for financing, CASH or Private Financing ONLY! The property is in substandard condition with an active City Violation/Code enforcement Order to Comply, Class II Slope Failure that must be cured immediately. Slope issues and the back deck has been taped off by the city due to unsafe conditions after a landslide. Buyer to verify this information- based on engineer observation, the integrity of the home's structure has not yet been compromised, only the back deck. The seller hired a company to perform a soil test and engineer report, however the engineer may be viewed as disclosure Only, and may not be used as they closed their file and seller is selling the property AS-IS in its current condition. The repairs will exceed $200,000. The sale is subject to the active lease terms and being sold with a tenant in place. Lease expiration date is February 29, 2024. Conveniently located near Kenneth Hahn Park, Baldwin Hills Crenshaw Plaza, LAX, USC, the new SOFI stadium and much more. Close proximity to freeways, the new Crenshaw Metro line, popular restaurants, nightlife, and hiking trails. Call your realtor and make an offer today!