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Real Estate Investing 360˚ w/ Pete Asmus

Real Estate Investing 360 w/Pete Asmus The Real Estate Investing podcast for entrepreneurs, Investors and business professionals around the world. Giving your a 360˚ view of Real Estate Investing Today! This podcast focus' on the strategies they are doing and the challenges that go along with that. Pete is dedicated to helping you reach the next level of you until you are at your peak! Enjoy!
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Now displaying: September, 2016
Sep 9, 2016

2260 San Ysidro Dr, Beverly Hills, CA 90210

 

In this episode Pete, Ivan and Ryan talk to Bob about this next incredible project! 

Take a look at this great SHOVEL READY project, in Beverly Hills!  No waiting 4-12 months for permit approval.  We can start development right away!

 

Nearly 19,000 sqft lot with city views nestled behind the Beverly Hills Hotel.

 

We are once again working with a highly experienced luxury developer, Bob Gough of Vision Homes.

Plans ALREADY approved for a 6,800 square foot Modern architectural masterpiece by renowned architect Tom Leishman, featuring an open floor plan, soaring height throughout w/ fantastic indoor-outdoor flow, 6 beds + 6.5 baths, 55ft infinity pool, and gated motor court that parks 12 Cars! 

 

Also, NO hillside construction to contend with on this one.

 

The property sits just minutes away from the heart of Beverly Hills.  New owners will enjoy city views and a coveted school district. 

 

We are also working with 2 Foreign Cash Buyers who are already interested in this and other properties in the area.

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Total Land Area: 19,000SF

• Full Architectural and Structural Approved plans included.

• RTI Building Permits.

• Floor Area Summary: 6,800 SF (2) levels

• Gated motor court that parks 12 Cars!

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Review the links below: 

Scope of Work
Pictures & Renderings

Approved Plans

Full Appraisal Report

 

 

ARV: $8,850,000 - Confirmed by Appraisal (Wiltchik Appraisal Inc)

Purchase Price: $2,500,000

Renovations: $2,500,000

Projected Profit: $2,614,125

Total JV Investment Amount: $1.63MM

(Can come from multiple investors.  Minimum Investment Amount is $170,000)

 

Investors Also Take The Lion Share of the Profit: 60% of projected profit = $1,568,475!

 

Projected ROI is 80+% in approximately 12 months!

 

We are looking to close by September 18th.  Don’t miss out!

 

 

 

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