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www.EntitleDirect.co mListing ID 22040710 | Updated 192 days ago
$2,575,000
Santa Monica, CA 90402
4 beds, 2.50 baths
Single Family
Forty years ago, Mom saw this charming English cottage sitting atop a rise on Georgina Ave in Santa Monica and she "forced" Pop to buy it ! It was a total make over, but Mom could see the beautiful home it would be when complete. She did the work over several years & for the next 25 yrs it was a charming & enchanting little castle. The last decade with Pops passing and Moms ill health the home has fallen into some disrepair ,and once again ( like 40 years ago), it needs another renovation. Another "full circle" of life. This is your OPPORTUNITY to buy that little ( 2977 sq ft/9580 sq ft lot ) 2 story "Tuder" style home at a price that will allow you to completely renovate to your style & taste, while staying under $3,000,000 at completion.There are no homes of Moms size here that are totally renovated/or new @ that price. Opportunity Knocks. I have derived our asking price based on the average of 2 appraisals done in April 08and subtracted the "decline" of value since. The price is always "movable" , but we are very close to the "line in the sand". At $2.3 mil , renovation contractors could make money by "flipping it", Finally, the first verifiable offer( with signed letter of intent and earnest money down, ) @ $2.5 mil will own this home. This is one of the most desired blocks/areas in Santa Monica. Opportunity knocks ! . Call Jim Leonard @ 316-613-9066; 316-260-2266 or between 05-19 thru 05-26-09 @ 310-393-9043 ( I will be in Santa Monica)
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