PVOF II Portfolio Oct 2013

Embed Size (px)

Citation preview

  • 7/27/2019 PVOF II Portfolio Oct 2013

    1/3

    1415 S Crescent Heights Ave, Los Angeles, CAAcquisition Cost: $475,000Approximate additional investment to date: $39,000Current Zillow Est. Value: $848,000 (we believe too high)3 Bed 1.5 Bath 1336 sq ft.Located in the Mid-cities area of Los Angeles, this property iscurrently under construction and is being extensivelyrenovated to yield a 3 Bed, 2 Bath home with an open floorplan.Expected listing date and Price: November 2013, $700,000

    28359 San Nicolas Dr. Rancho Palos Verdes, CAAcquisition Cost: $825,000Approximate additional investment to date: $240,000Current Zillow Est. Value: $1,218,000 (we believe too low)4 Bed 2.5 Bath 2484 sq ft.This midcentury home has a 12,000 sq ft lot and a 180degree ocean view. The property has been extensivelyrenovated.Expected listing date and Price: October 14th, $1,425,000

    Pacific Value Opportunities Fund II, portfolio on 10/04/2013

    650 The Village Unit 214, Redondo Beach, CAAcquisition Cost: $345,000Approximate additional investment to date: $20,000Current Zillow Est. Value: none1 Bed 1 Bath 619 sq ft.This is a fully renovated ocean view condo overlooking theRedondo Beach Pier.Expected listing date and Price: October 7th, $425,000.

  • 7/27/2019 PVOF II Portfolio Oct 2013

    2/3

    410 S. Bel Aire Dr. Burbank, CAAcquisition Cost: $642,000Approximate additional investment to date: $20,000Current Zillow Est. Value: $822,0003 Bed 3 Bath 2854 sq ft.This property had a lengthy eviction process, but is now

    available for renovation. Demolition ended this week and theconstruction period should take another 60 days.Expected listing date and Price: December 2013, $825,000

    3424 Huxley St. Los Feliz, CAAcquisition Cost: $910,000Approximate additional investment to date: $9,000Current Zillow Est. Value: $1,126,0003 Bed 3 Bath 2165 sq ft.This property was acquired partially renovated so we anticipatequicker construction. Partial interior demolition began this week.Expected listing date and Price: Late November 2013, $1,200,000

    4269 Fair Ave, Studio City, CA

    Acquisition Cost: $750,000Approximate additional investment to date: $1,000Current Zillow Est. Value: $829,0003 Bed 2 Bath 2034 sq ft.This property is in the coveted Tujanga Village neighborhoodand is presently in pre-construction (plans and finalbudgeting). The renovations will make better use of theexisting square footage and create a 4 bed 2.5 bath homewith an open floor plan and deck out the the large back yard.Expected listing date and Price: February 2013, $1,050,000

  • 7/27/2019 PVOF II Portfolio Oct 2013

    3/3

    Sold Properties

    3215 Laurel Canyon Blvd, Studio City, CAAcquisition Cost: $690,000Additional investment: $71,000Total Investment: $761,000Sale Price: $888,8893 Bed 2 Bath 1813 sq ft.

    4484 Stansbury Ave, Sherman Oaks, CAAcquisition Cost: $529,000Additional investment: $60,000Total Investment: $589,000Sale Price: $809,0004 Bed 4 Bath 1800 sq ft.

    621 Via Estrada Dr. Palos Verdes Estates, CAAcquisition Cost: $910,000Approximate additional investment to date: noneCurrent Zillow Est. Value: $1,106,0003 Bed 2 Bath 1801 sq ft.This property is in the highly coveted Lower Lunada Bay

    neighborhood of Palos Verdes Estates. The majority of theinterior will be gutted to yield a more open floor plan and alarger master bed/bath. Hardscaping and landscaping willtake advantage of the existing pool and courtyard.Expected listing date and Price: February 2014, $1,350,000