2408 Detour Drive LOS ANGELES CA MLS #PF22229089MR

Welcome to Casa del Rincon, a resurrected 1926 Spanish beauty in Beachwood Canyon. This utterly charming 3 BR/2 BA gem sits majestically above the street like the queen of the block, with an amazing backstory that is as romantic and magical as arched doorway that welcomes you home. Multiple outdoor seating areas make maximum use of the extensively landscaped lot, including the new patio surrounded by a wall of summer blooming jasmine. 2 car garage- rare in Beachwood Canyon. Over $400k in renovated/updated features include: New roof, driveway, interior & exterior paint, new garage door openers & refurbished original doors, custom-made awnings, new patio off the living room, new landscaping & irrigation system, Thermador dual-fuel stove, commercial grade hood with warming shelf, Fisher-Paykel dishwasher & fridge, new copper plumbing, new electrical, new sewer lines, new insulation to keep the house cool in summer & cozy all winter. NOTE: The City of LA issued a Notice of Substandard Condition and an Order to Comply related to an un-permitted retaining wall at the rear of the property. Estimates from contractors to construct a new wall range from $50-120k, possibly more. Buyers are strongly urged to consult their own experts and/or contractors. The Order to Comply has been added to title, which means it will be virtually impossible to obtain title insurance until the Order to Comply is removed. This also means obtaining conventional financing will likely not be possible, but some unconventional lenders may fund a loan depending on specific borrower profiles. Any buyer would need to complete the work required by the Order to Comply. A market analysis of recent sales in the area going back 4 months suggests a fair market price of $1.65m for this property. The reduced list price reflects the anticipated cost of the repairs and associated costs.