Prime Investment Opportunity: Fully Permitted and Prepped Construction Sit: 38 Dapplegray, Bell Gardens, CA
This prime property offers a unique opportunity for savvy investors. With all necessary permits in place and substantial work already completed, this site is ready for new construction. Whether you prefer to pay in cash or utilize a hard-money loan, this deal promises a significant return on investment.
Detailed Breakdown of Completed Work
- Demolition
- Dirt Removal and Hauling
- Concrete Removal and Hauling
- Grading Permit – paid; final (with exception I can explain)
- All Grading Completed – $225k
- Permit – New Construction paid; school fees paid; utility connection paid
- Foundation including caissons, grade beams – 95% complete
- Underground Plumbing complete
- Temporary Power in place
- HOA Review Fees – Grading $8k paid
- HOA Review Fees – Main Permit $12,800 paid
- Electrical Panel – $5k
- Landscape Architect – paid substantial deposit $8k
- Taxes are current
Key Financial Commitments and Fees Paid
As mentioned above, the permit has been issued and the investor has been working under it already. The permit was $44,000. School fees have already been paid. The grading permit was paid for, and grading work was completed. A lot of fees have been paid that you can’t necessarily see. For example, spent $7,500 to haveDAPPLEGRAY 2(1) the HOA approve the grading permit. Spent an additional $13,000 for approval.
Next Steps for Serious Investors
Only serious investors should contact me for approved plans. This property is a steal for savvy investors. Whether you prefer to pay in cash or utilize my hard-money loan, this deal is sure to attract attention.
Why This Property is a Steal for Investors
This property is primed for new construction, with all major hurdles cleared and substantial investments already made. With grading, plumbing, foundation, and electrical work nearly complete, you can move forward with confidence and minimal additional expense. The groundwork has been laid for a profitable venture.
my hard-money loan, this deal is sure to attract attention. Significant return on investment.