Saturday, July 19, 2008

2510 W SILVER LAKE DR, LOS ANGELES, CA 90039


2510 W SILVER LAKE DR, LOS ANGELES, CA 90039

3 bedrooms 1.5 bathrooms

List price: $879,000


GREAT OPPORTUNITY, LITTLE FIXER, VERY CHARMING SPANISH STYLE CORNER HOUSE IN THE PRIME NEIGHBORHOOD OF SILVER LAKE. THIS BEAUTY OFFERS REFINISHED HARDWOOD FLOORS THROUGHOUT, NICE STAIRCASE, SPACIOUS KITCHEN, LIVING, DINING AND MASTER BEDROOM WITH FRENCH DOORS LEADING TO GREAT OUTDOOR DECK. FRESH PAINT IN-OUT, CHARMING PATIO WITH FIREPLACE.

Wow. There really are some people who like to take a chance flipping in this real estate market...Get this...This house was on the market exactly 1 year ago listed for $1,165,000. Not only was it $1,165,000 but the house was a major fixer and need updating just about everywhere. Yes, this house is in the prestigious Ivanhoe School District part of Silver Lake and in a great neighborhood. Here's the catch. 1 month ago, the property sold. Instead of selling for $1,165,000 as asked, the property sold for $650,000? Now it's back on the market for $879,000 as of today? Hum...so what did they do to improve the home's value by $229,000. From the looks of it, a little paint here, a new privacy wall there, and maybe some newly finished hardwood floors. Good luck to you Mr. Seller.

Click here for more pictures.

For more info about this property or any of our upcoming properties, please e-mail mrivanhoespecialist@gmail.com or call 323-839-3936.

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