$590,000 · SANTA FE SPRINGS, CA 90670
Works for flippers · Landlords would lose money

Available

$590,000Asking price

3 bd · 1 ba · 1,044 sq ft · built 1953

SANTA FE SPRINGS, CA 90670

No contract on file

via InvestorLift Classic

4 views · listed 2 days ago

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $825,000
Asking price: −$590,000
RepairsThe seller’s figure. Ours: $15,000 – $31,000: −$40,000
Loan, holding, closing20% down, 12% interest, 2 points, 76 days: −$63,684
Profit15.9% of ARV · flippers want 10%+: $131,316
Works

Works for a flipper up to $635,000.

AS-IS HOME BUYERS

Conner

No reviews yet

Comps

Sales

Rents

ARV $825,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $824,000.

The sales behind this value are shown to members.

ARV $825,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

AS-IS HOME BUYERS

Conner

No reviews yet

Seller Description

SUBMIT AN OFFER!

PRICE REDUCED! Currently tenant-occupied, lease ends in April of 2027 (Delivered VACANT, longer escrow, please read comments below). Very clean 3 bed/1 bath.

Price: $590K

ARV: $825K

Property Overview:

3 Bed/1 Bath
Sq Ft: 1,044
Lot Size: 5,198
Built: 1953

Comments: Currently tenant-occupied, lease ends in April of 2027 (Delivered VACANT - longer escrow). **An earnest money deposit of $20k will need to be made releasable to the seller, with closing occurring after vacancy is confirmed.**

If you are interested in this property, please reach out to Conner at (909) 365-2795 or conner@starlightpropgroup.com!