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Shawn Luong
Mobile Phone:
626-643-7090
reoagent@shawnluong.com

DRE# 00857818
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Shawn Luong
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Mobile Phone:
626-643-7090
reoagent@
shawnluong.com

DRE# 00857818
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Let your search for a real estate professional end here. Please explore the resources within my website, you will find everything you need to buy or sell a home as well as learn about the market value of homes. You can search for homes with detailed descriptions, photos, community and school information and so much more.

As a qualified and seasoned real estate professional, I am ready to assist you with all of your real estate needs. My approach is customized for each client; my solutions are never one-size-fits-all! Please view this website as an introduction of my services and capabilities in this local area. Give me a call or send an email when you are ready to visit some homes or to schedule a free home selling consultation. I look forward to working with you!

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Shawn Luong 
Contact Info:
Mobile: 626-643-7090
Email: reoagent@shawnluong.com
 

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Featured Property
| Properties I'm Selling (2) |
Beds:
4
Baths:
3 Full
Sq.Ft.:
2,138
Status:
Pending
MLS#:
CV21042034
Type:
Single Family
Lot size:
0.24 Acres
Year built:
1947
Courtesy: SHAWN LUONG - CENTURY 21 MASTERS

Fall in love with this tastefully remodeled home where everything has been redone: the kitchen, the 3 good size bathrooms, new carpet in the 4 bedrooms, new laminate wood flooring in the common area, new double pane windows, a new roof... Assessor shows a 1,555 sf house that sits on a large 10,375 sf lot with 2 bedrooms and 2 bathrooms. This inviting home features 2 master suites with en suite bathrooms. The remodeling was done with a city permit for 3 bathrooms, one kitchen, and one new roof. Buyers to satisfy themselves for any other information regarding the additional bedrooms and baths. Nearby schools include PUC Community Charter School rated above average and Balboa Gifted Magnet school rated excellent. The house sits in a federally designated Opportunity Zone and with the new ADU law, one detached ADU up to 1200 sf and one junior attached ADU can be built on the lot. The Opportunity Zone allows an investor to reduce the tax on the capital gain invested in this property by 10% and to permanently exclude taxable income on future gains if the investment is held for at least 10 years. Rental survey shows $3,500 possible for a 4-bedroom house with a median rent of $3,225 and $3,000 for a 3-bedroom house (new 1200 sf ADU?) with 2 comparables within 0.24 mi of subject and finally $2,000 for a 2-bedroom.



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