Flip report generated Dec 14, 2024
The Flip Potential of
2894 Woodwardia Dr Los Angeles, CA 90077
is medium.
Current Specs
4 Bed / 2.5 Bath
2,786 sqft
$666 per sqft
Estimated Value$1,856,103
Flip Advice
The property at 2894 Woodwardia Dr is located in the desirable Beverly Crest neighborhood of Los Angeles. The recent comps show a strong median sold price of about $2.6M, with higher square footage homes selling at around $975 per sqft. However, this property has been recently updated, which may limit the potential for a significant flip profit as the ROI on newly renovated homes tends to be lower.
Consider marketing this property as a luxurious, move-in-ready option for buyers rather than focusing on a flip. Minor cosmetic updates could enhance its appeal, but heavy renovations may not yield a high return. Pricing it competitively at around $1.7M could attract attention from buyers looking for a family home in this prestigious area.
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