Found another GREAT deal in CA. This one is ideal for cash flow. Asking $65.5k, contractor bid came in at $10k, Rentometer shows rental rates at $1250/mo. Not bad cash flow stats. ARV at $105k. Available late December.
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| 3024 Richland, Rosamond, CA |
http://budurl.com/kub9 for more pics, comps below.
Rentometer Rental Comps $1250:
Comps from last 3 months:
|
|
| Address: |
3100 MYRTLE AVE (0.07 mi) |
APN: |
472-161-24-00 |
|
| Beds/Baths: |
3/2 |
Sqft: |
1329 |
Built: |
1989 |
| Use Code: |
SFR |
Units: |
|
Lot Size: |
.1663 |
| Sale Date: |
09/10/2010 |
Sale Amt: |
$95,000.00 |
|
| Address: |
3000 MELVIN ST (0.20 mi) |
APN: |
472-173-26-00 |
|
| Beds/Baths: |
3/2 |
Sqft: |
1349 |
Built: |
1989 |
| Use Code: |
SFR |
Units: |
|
Lot Size: |
.1901 |
| Sale Date: |
08/06/2010 |
Sale Amt: |
$90,000.00 |
|
0 |
| Address: |
2756 WESTLAND DR (0.30 mi) |
APN: |
251-343-14-00 |
|
| Beds/Baths: |
3/2 |
Sqft: |
1330 |
Built: |
1990 |
| Use Code: |
SFR |
Units: |
|
Lot Size: |
.1472 |
| Sale Date: |
08/20/2010 |
Sale Amt: |
$103,000.00 |
|
| Address: |
3401 TOPGUN ST (0.39 mi) |
APN: |
251-603-01-00 |
|
| Beds/Baths: |
3/2 |
Sqft: |
1497 |
Built: |
1994 |
| Use Code: |
SFR |
Units: |
|
Lot Size: |
.16 |
| Sale Date: |
10/14/2010 |
Sale Amt: |
$116,000.00 |
| Address: |
3417 TOPGUN ST (0.41 mi) |
APN: |
251-603-03-00 |
|
| Beds/Baths: |
3/2 |
Sqft: |
1497 |
Built: |
1994 |
| Use Code: |
SFR |
Units: |
|
Lot Size: |
.15 |
| Sale Date: |
10/07/2010 |
Sale Amt: |
$99,000.00
|
| Address: |
2648 WESTLAND DR (0.41 mi) |
APN: |
251-343-03-00 |
|
| Beds/Baths: |
3/2 |
Sqft: |
1330 |
Built: |
1989 |
| Use Code: |
SFR |
Units: |
|
Lot Size: |
.1468 |
| Sale Date: |
07/09/2010 |
Sale Amt: |
$105,000.00 |
| Address: |
3308 DALE CT (0.41 mi) |
APN: |
251-341-25-00 |
|
| Beds/Baths: |
3/2 |
Sqft: |
1473 |
Built: |
1989 |
| Use Code: |
SFR |
Units: |
|
Lot Size: |
.1591 |
| Sale Date: |
10/18/2010 |
Sale Amt: |
$131,000.00 |
|
| Address: |
3461 GRANITE CT (0.43 mi) |
APN: |
472-192-14-00 |
|
| Beds/Baths: |
3/2 |
Sqft: |
1266 |
Built: |
1992 |
| Use Code: |
SFR |
Units: |
|
Lot Size: |
.148 |
| Sale Date: |
08/18/2010 |
Sale Amt: |
$97,000.00 |
|
| Address: |
3309 EAGLE WAY (0.44 mi) |
APN: |
251-341-01-00 |
|
| Beds/Baths: |
3/2 |
Sqft: |
1330 |
Built: |
1990 |
| Use Code: |
SFR |
Units: |
|
Lot Size: |
.1667 |
| Sale Date: |
08/13/2010 |
Sale Amt: |
$115,000.00
|
| Address: |
3301 DISCOVERY WAY (0.53 mi) |
APN: |
251-352-15-00 |
|
| Beds/Baths: |
3/2 |
Sqft: |
1473 |
Built: |
1990 |
| Use Code: |
SFR |
Units: |
|
Lot Size: |
.1362 |
| Sale Date: |
08/11/2010 |
Sale Amt: |
$110,000.00
|
| Address: |
3525 SAN JACINTO AVE (0.59 mi) |
APN: |
472-212-05-00 |
|
| Beds/Baths: |
3/2 |
Sqft: |
1368 |
Built: |
1993 |
| Use Code: |
SFR |
Units: |
|
Lot Size: |
.14 |
| Sale Date: |
09/07/2010 |
Sale Amt: |
$100,000.00
|
Address: |
2424 OAKGROVE ST (0.95 mi) |
APN: |
472-262-10-00 |
|
| Beds/Baths: |
3/2 |
Sqft: |
1509 |
Built: |
1993 |
| Use Code: |
SFR |
Units: |
|
Lot Size: |
.13 |
| Sale Date: |
09/21/2010 |
Sale Amt: |
$115,000.00 |
|
New blogs at http://jeannorton.com/blog2
New to your blog – really like it. Are you going to buy the “Rosamond Light Fixer” or are you offering it up?
Jennifer,
Thanks for the compliment. I have this property under contract right now and plan to resell it to another. I have someone interested but we don’t have the contracts signed, etc yet so it still may be available. If it doesn’t sell, then yes, I will fix and sell at retail.
Thanks!
Jean