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🏷️NEW YUCAIPA, CA OFF MARKET DEAL – READY TO ASSIGN 🏠

Price
$375,000
ARV
$519,000
12548 18th St, Redlands, CA 92373, USA, ,

Overview

  • 3 Bedrooms
  • 1 Bathrooms
  • 1,504 ft
  • Year Built: 1961

Description

NEW!!! OFF-MARKET FIXER IN YUCAIPA ESCROW IS OPEN πŸ“‚
ESTIMATED DEAL BREAKDOWN
AFTER REPAIR VALUE: $519,000
CARRYING MONTHS: 5
PURCHASE PRICE: $375,000
REHAB COST: $40,000
BUYING COSTS: $8,439
CARRYING COSTS: $16,539
SELLING COSTS: $20,443
RESELL PROFIT: $58,579( OR MORE!πŸ€‘πŸ€‘πŸ€‘πŸ€‘)

BUYERS ARE REQUESTED TO DO THEIR OWN DILIGENCE ON THIS PROPERTY. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY.

● Buyer pays all closing costs

● Property will be delivered with paying tenants. Property is in pre-foreclosure and has a life estate so we have limited interaction with life estate beneficiary who deals with property management. 30 day notice most likely required unless you work out an arrangement with the tenants.

● Interior photos are from the most recent rental posting (10/2022)

PROPERTY DETAILS
BEDROOMS: 3

BATHROOMS: 1

SQFT: 1,504

LOT SIZE: 0.258 acres

Rehab Level: Light

Occupancy: Tenant Occupied

COMPS
31297 Tennessee Ln (Sold 9/2023) for $559,000 (3bed/1bath)
31641 Tennessee St (Sold 9/2023) for $540,000 (2bed/1bath)
32798 Kentucky St (Sold 12/2023) for $500,000 (3bed/1bath)

Address: 12548 18th St, Redlands, CA 92373, USA
City:
State:
Zip: 92373
Country: United States
Open In Google Maps
Property Id : 34911
Price: $ 375,000
Property Size: 1,504 ft
Bedrooms: 3
Bathrooms: 1
ARV: $519,000
Parking: Attached Garage
Year Built: 1961
Lot Size: 0.26 acres

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