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Purchase price JUST LOWERED TO $268,500. ARV: $335,000
This property is REO under contract needs to close cash. Qualifies for
FHA, VA, Conv.
Unit A 2bedrooms and two bath 1,100 ft. Rents for $1,400 month
Unit B 2 bedrooms and one bath 1,021 ft. Rents for $1,300 month
Close to shopping, schools and San Diego State University. Each
spacious unit has an attached 1 car tandem garage that separates the two
units. Unit A has central heat and air and a fireplace, plus an
additional den or family room area which can be converted into an
additional bedroom. Each unit has its own laundry room, private yard
and patio. No HOA.
5k estimated in repairs to make this duplex rent ready. Contractor
estimated $500 to convert part of living space into 3rd bedroom on each
unit.
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| Type | Bed | Full Bath |
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Duplex | 4 | 3 |
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Purchase Price only $203,000. ARV: $290,000
This is a 3/1, 1266 sq ft home built in 1960. It is an approved short sale. Fairly nice condition already. Needs really just new paint, carpet. Kitchen needs a stove, but there is a refrigerator there. More updates may be needed to get top dollar for those who want to flip the property.
COMPS
2752 Rhoades sold $319k
6157 Childs sold $296,5k
Cash or Hard money only
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| Type | Bed | Full Bath | Square Footage |
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Single-family | 3 | 1 | 1266 |
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Don't miss this opportunity! Great SFR in cute hillside neighborhood that needs about $30k in repairs. Cleaned up, this property will sparkle. Property could easily sell for $310k nicely rehabbed. Check out the solds below. None of them are rehabs, just REO's and a short sale!!! House on same street with same square footage and bed /bath appraised for $325k!! This one won't last!
8531 Massery SOLD $300k
8544 Dortha Ct. SOLD $290k
857 Placid View SOLD $290k
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| Type | Bed | Full Bath | Square Footage |
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Single-family | 3 | 1 | 1122 |
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3/2 really in need of your help to become beautiful again. House has great potential. Great sized lot. Located in desirable rehabber area of town. Recent active rehabbed comps just listed in the $250k's!
SOLDS:
14 Harbison $200,000
5262 Cervantes $225,000
5614 Elk $230,000
See video of property by clicking on virtual tour
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| Type | Bed | Full Bath | Square Footage |
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Single-family | 3 | 2 | 1124 |
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| Great Family neighborhood. Near military base and easy freeway access. This property would be an excellent rental in a military community. Rents are around $1850. It will need updating at the very least. A nice rehab could bring top dollar. ARV is about $220k conservatively
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| Type | Bed | Full Bath | Square Footage |
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Single-family | 3 | 1 | 1080 |
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Home is located on a great corner lot in a quiet neighborhood. Property has a lot of potential. It has been permitted for an enclosed patio, but has a separate studio type apartment with a separate bath. If permitted, would be an excellent separate rental unit on property, or remove and turn into permitted enclosed patio for extra living space! Agent says Fallbrook has many retail buyers, but not enough rehabbed properties. Had offers up to $180k as is, but unable to finance in present condition. So, fix and flip for a quick profit! Or, buy and hold as a rental.
See video of property in virtual tour.
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| Type | Bed | Full Bath | Square Footage |
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Single-family | 3 | 1 | 1014 |
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This fixer house needs your creative vision, but with a little TLC could be turned into something special. Located in a nice older neighborhood. Rehab and move in, or hold and rent for long-term wealth. Repair bids upon request. Cash or hard money.
Let the area comps do the thinking for you!!
SOLD: 350 Theresa Way $270,000 4/10/2009
SOLD: 177 Theresa way $225,000 3/11/2009
SOLD: 1144 Tobias Dr. $275,000 2/25/2009
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| Type | Bed | Full Bath | Square Footage |
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SFR | 3 | 2 | 1200 |
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| Cute house with awesome potential! Easy, easy rehab. Mostly cosmetic. Newer windows in place. Great backyard with awesome views. ARV around $190k. Cash or hard money.
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| Type | Bed | Full Bath | Square Footage |
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Single-family | 3 | 1 | 1148 |
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This is a great little fixer in need of about $30k to fix nicely and flip. Rents in the area are between $1495-$1550.
Recent solds:
724 Ramona, 91977 $210,000
724 Clamath, 91977 $240,000
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| Type | Bed | Full Bath | Square Footage |
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Single-family | 3 | 1 | 1020 |
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| Great rental neighboorhood with rents between $1200-$1500
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| Type | Bed | Full Bath | Square Footage |
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Single-family | 3 | 2 | 1494 |
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3 Bedroom, 2 bathroom CBS house with a 1 car garage. Central Air, 1,388 sq ft. Needs a kitchen and general updating.
COMPS:
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| Type | Bed | Full Bath | Square Footage |
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Single-family | 3 | 2 | 1388 |
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