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$510,000 · EUREKA, CA 95503
Flippers would lose money · Landlords would lose money

Available

$510,000Asking price

4 bd · 2 ba · 3,522 sq ft · built 1899

EUREKA, CA 95503

Contract on file

via InvestorLift Classic

Listed Aug 11

Flippers would lose money

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $560,000
Asking price: −$510,000
RepairsMiddle of the seller’s $1,000 – $3,500. Ours: $0 – $31,000: −$2,250
Loan, holding, closing20% down, 12% interest, 2 points, 61 days: −$48,442
Profit−0.1% of ARV · flippers want 10%+: −$692
Loses money

Works for a flipper at $456,000 or less.

FIRST MILL, LLC

Sonny Grigorian

No reviews yet

Comps

Sales

Rents

ARV $560,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $538,000.

The sales behind this value are shown to members.

ARV $560,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

FIRST MILL, LLC

Sonny Grigorian

No reviews yet

Seller Description

Classic Victorian style SFR with views and updated!

Great condition & farmland living

ASKING: 510K

ARV: 560K

4 beds / 2 baths
1 car garage w/staircase to a full loft + RV parking and storage shed
3,522 SqFt living area / 21,780 SqFt LOT
Downstairs two rooms good for offices
One of the upstairs room have its own balcony overlooking
Bathroom updated 2016
Kitchen updated 2021
Wood floors updated 2021
Roof 2018
New windows 2024 and newer
HVAC 2021
SOLAR payoff 50K / payment 260/MO
New water heater
Septic tank serviced 2023
Fireplace
NO HOA!
COMP: 581 Redmond Rd, Eureka, CA 95503 | Zillow SOLD 640K 5/8/26

ESCROW: TBD

COE: 1/1/2027

Vacant on lockbox

Access: By appointment only, contact me to view property

CALL OR TEXT NOW (602) 780-2456 SONNY

More About This Property

Nearby Markets12 cities · 3 counties · 12 ZIP codes

Investorlift
CA
Eureka
95503
EUREKA, CA 95503

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