This home has been fully renovated and includes an updated kitchen with a new stainless steel gas oven range and dishwasher, sink, quartz countertops, new cabinetry, and wood-style floors. The bathrooms feature new vanities, mirrors, faucetsm and toilets.New light fixtures have been installed throughout and the interior has been painted. There are two balconies with access from the living room and master bedroom. Great location close to Balboa Park, North Park and Downtown.
Trust Properties USA fronted $84,895 to renovate this home resulting in the seller gaining an additional $135,105 in equity from the sale.
Trust Properties USA is proud to announce the close of this 5 unit apartment in East Hollywood, Los Angeles that was held in a trust. This lot was zoned R3 on a 7,998 square foot lot. It contained a 4 unit building and a 3+1 craftsman style home in the back and was sold in its "as-is" condition. This sale did not require court confirmation.
An administrator who was overwhelmed by the probate process had stopped making the mortgage payments for the property. She was worried she would not be able to avoid a trustee sale. Trust Properties USA was able to help this administrator avoid foreclosure and the property sold over asking price with a net gain of $34,000 to the estate.