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$ 2,895,000
Est. payment | /mo
4 Beds
3.5 Baths
2,400 SqFt
$ 2,895,000
Est. payment | /mo
4 Beds
3.5 Baths
2,400 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $1,206
MLS Listing ID CRIG24195916
Bedrooms 4
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 1908
Lot Size 2,178 Sqft
Acres 0.05
Property Description
Calling all investors, developers, contractors, and flippers—this is the rare chance you’ve been waiting for! Nestled in a prime location, this property offers an unmatched opportunity to unlock its full potential with a high return on investment. Whether you’re looking for your next project to flip or searching for a long-term investment with significant appreciation potential, this fixer-upper is a hidden gem, priced well below market value for a quick sale. The property comes with architectural plans already available for a comprehensive remodel, saving you time and effort in the planning stages. Once completed, the estimated after-remodel value is an impressive $5,800,000, providing ample opportunity to capitalize on this venture. Whether you plan to resell or hold the property as a lucrative rental, this project promises a remarkable return on your investment. The existing structure is primed for a transformation, offering a blank canvas for a new vision. Imagine designing a luxurious and modern home that meets the demands of today’s discerning buyers. The spacious layout, generous lot size, and desirable location make this property ripe for a significant upgrade. Roof deck included in the initial plans. Verbal approval on the plans from the city.
Location
State CA
County Orange
Area Listing
Interior
Interior Features Breakfast Nook
Cooling None
Fireplaces Type Living Room
Fireplace Yes
Laundry Inside
Exterior
Pool None
View Y/N true
View Bay, Ocean
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two Story
New Construction No
Schools
School District Newport-Mesa Unified
Others
Tax ID 04811406
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Mo Azadzoi • Elite REO Brokers