4125 Los Coyotes Investors Page

NEGATIVES

THE CITY OF LAKEWOOD HAS A CURRENT VIOLATION ON THE PROPERTY.
CITY PLANNING HAS STATED THEY DONT HAVE FINAL PERMITS FOR THE 2ND STORY AND DOWNSTAIRS FAMILY ROOM.
STATED A VARIANCE IS NEEDED DUE TO FAMILY ROOM BEING BUILT 1 FT FROM PROPERTY LINE
STATED THE NEIGHBORS BUILDING NEEDS TO BE DETACHED FROM GARAGE
THE SELLERS ARE A TRUST AND HAVE LOCATED PLANS BUT DO NOT WANT TO DEAL WITH ISSUES
THERE IS A CHANCE THE CITY WILL SAY TEAR IT DOWN EVERYTHING EXCEPT LEGAL STRUCTURES

POSITIVES

OWNERS HAVE BEEN PAYING TAXES ON A 6 BED 4 BATH HOME WITH 3,164 SQUARE FEET FOR OVER 50 YEARS WITHOUT ISSUE.
CITY HAS STATED THEY MAY PERMIT WITH APPROVED PLANS
CITY HAS STATED THEY MAY PERMIT WITH APPROVED VARIANCE
CITY HAS STATED THEY CAN SEND INSPECTOR TO APPROVE PERMITS AFTER PLANS AND VARIANCE ARE ACCEPTED
SELLERS HAVE DELIVERED A LARGE AMOUNT OF PAPERWORK AND PLANS FOR BUYER
EVEN AS A 3 BED 1 BATH THERE IS A HUGE POTENTIAL FOR PROFITS

PER THE CITY PLANNING DEPT YOU HAVE 2 CHOICES

THE EASY WAY:
TEAR DOWN AND START OVER

HAVE ARCHITECT AND ENGINEER SUBMIT PLANS
ONCE PLANS ARE APPROVED PULL PERMITS
COMPLETE TEAR DOWN AND REBUILD
OBTAIN FINAL PERMIT AND CERT OF OCCUPANCY
DONE

THE HARD WAY:
PERMIT THE EXISTING

HAVE ARCHITECT AND ENGINEER SUBMIT PLANS
SUBMIT VARIANCE PAPERWORK
IF / ONCE APPROVED PULL PERMITS
WORK WITH CITY INSTPECTORS TO RETROFIT HOME
MAKE ALL AREA UP TO CODE AND PERMTITED
OBTAIN FINAL PERMIT AND CERT OF OCCUPANCY
DONE

CLICK HERE TO REVIEW PERMITS, PLANS & PAPERWORK

DISCLAIMER FOR VIDEO

This video is for promotional use only. Matthew Silva is a realtor and investor but not a lawyer, contractor, architect or any other construction/ legal professional. This means any and all information given can not be relied on. Buyer is advised to use due diligence to verify all information and data with proper licensed professionals such as lawyers, local building department representatives, architects, engineers and contractors. Per video *DRB Stands for Design Review Board referring to Lakewood DRB that approves all construction to make sure in the city fits the neighborhood.

4125 Los Coyotes Diagonal
Lakewood, Ca. 90713

6 BEDROOMS

3,200 Square ft

4 BEDROOMS

6,000 Square ft Lot

3 car garage

2 Fireplaces

USE A LOW DOWN
HOME RENOVATION LOAN
TO MAKE THIS HOME
PERFECT FOR YOU

Speak With Agent Now

Schedule a Call or Tour

Description

Contractor/Investor special. This This Huge 6 bed 3.5 bath home fixer property is sold in AS IS condition, with no repairs, existing city violations and issues. Located on a cul de sac in the coveted Carson park area of Lakewood, this property is a once in a lifetime opportunity. Featuring a formal dining room, large galley kitchen with real wood cabinets, tile counters and ceramic sink. Cozy living room with real hardwood floors and a view of the backyard. Large downstairs common full bath and 2 large bedrooms with wood closets. Big family room with fireplace, closet area and half bath. Upstairs you have the amazing master bedroom with fireplace, wood floors, views and large dual tiled vanity and wood closets. The bath and shower area is unfinished with exposed walls. The next 2 spacious bedrooms have real wood floors and share a good sized bathroom with dual sinks and sunken oversized tub/ shower. Laundry area next to Long 1 car garage attached to an additional 2 car garage. Lastly the huge backyard for entertaining with storage shed complete this home. Close to freeways, shopping and the best Lakewood has to offer. Property sold as is with no fence between neighbors yard. This opens to neighbors pool enclosure which is attached to the 1 car garage. Buyer will need to work with neighbor to remove. Make sure to check out the virtual tour!