REI PROPERTY - UP-SCALE CALABASAS, CA FIXER

Hello REI Professionals,
I'm happy to present this beautiful Calabasas Fixer for sale. The property is located in the prestigious "Calabasas Highlands" with killer views! This property has a lot of potential and if done properly, the returns can be around $100,000! The property is "pristine" on the outside. The inside needs
work and upgrade. The property is vacant and ready for a savvy investor to take over and bring this property to its fullest potential for maximum returns. Here is the property info and estimates:

· 3 bed/3 bath
· Size: 3,250 sqft approx
· Lot: 10,250 sqft approx
· Basement
· Total lots: 2
· Large two car garage
· Property owned free and clear
· Asking Price: 425K -- 59% ARV
· Similar properties have sold in the area for around $725,000 to $815,000!
· Estimated Upgrades/Repairs: 85K
· Estimated ARV: $725,000 +
· If properly and nicely upgraded, this REI Property can sell for at least $725,000 +

This property has a lot of potential and the REI Spread can be solid. Seller is willing to work with "serious investors" only, and will be able to show the property and accept offers until around this Saturday 12/08/2012. Contact me for more info. Thanks for looking!

All the best for a great REI Season!

Regards,