$850,000 · ALAMEDA, CA 94501
Tight for flippers · Landlords would lose money

Available

$850,000Asking price

2 bd · 2 ba · 1,650 sq ft · built 1895

ALAMEDA, CA 94501

No contract on file

via InvestorLift Classic

5 views · listed Oct 29

Tight for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $1,250,000
Asking price: −$850,000
RepairsMiddle of the seller’s $250,000 – $270,000. Ours: $54,000 – $97,500: −$260,000
Loan, holding, closing20% down, 12% interest, 2 points, 164 days: −$113,264
Profit2.1% of ARV · flippers want 10%+: $26,736
Tight

Works for a flipper at $759,000 or less.

NEXKEY COLLECTIVE

Albert

No reviews yet

Comps

Sales

Rents

ARV $1,250,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $1,227,000.

The sales behind this value are shown to members.

ARV $1,250,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

NEXKEY COLLECTIVE

Albert

No reviews yet

Seller Description

Property Address: 1009 Santa Clara Ave, Alameda, CA

Asking Price: $850,000 Estimated ARV: $1,250,000 Potential Gross Spread: $400,000

PROPERTY DETAILS• 2 Bedrooms / 2 Bathrooms• 1,650 Sq Ft Living Area• 4,748 Sq Ft Lot• Year Built: 1895

ATTENTION BAY AREA INVESTORS!

Looking for your next value-add investment in Alameda? This property offers 1,650 square feet of living space on a 4,748-square-foot lot, with an asking price of $850,000 and an estimated after-repair value of $1,250,000.

With a potential $400,000 gross spread between the asking price and estimated ARV, this could be an attractive opportunity for investors looking to renovate, improve the property, and resell strategically.

Potential fix-and-flip opportunity Value-add investment potential Spacious lot with potential to explore improvements, subject to local zoning and approvals Located in Alameda, CaliforniaPictures:https://drive.google.com/drive/folders/1DvDn_oK56BAh-11TbmtD8SFWm1iXuLlQ?dmr=1&ec=wgc-drive-%5Bmodule%5D-goto

Interested buyers: Message us for additional property details, photos, access information, and next steps.