$770,000 · SAN JOSE, CA 95116
Works for flippers · Landlords would lose money

Available

$770,000Asking price

3 bd · 1.5 ba · 1,116 sq ft · built 1898

SAN JOSE, CA 95116

Contract on file

via InvestorLift Classic

5 views · listed 2 days ago

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $1,225,000
Asking price: −$770,000
RepairsMiddle of the seller’s $60,000 – $70,000. Ours: $20,000 – $41,500: −$65,000
Loan, holding, closing20% down, 12% interest, 2 points, 86 days: −$89,587
Profit24.5% of ARV · flippers want 10%+: $300,413
Works

Works for a flipper up to $936,000.

VERITY PROPERTY INVESTORS LLC

Justin Northcutt

No reviews yet

Comps

Sales

Rents

ARV $1,225,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $903,000.

The sales behind this value are shown to members.

ARV $1,225,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

VERITY PROPERTY INVESTORS LLC

Justin Northcutt

No reviews yet

Seller Description

204 North 24th Street, San Jose https://viewdeal.co/ahu7

San Jose Fixer / Investor opportunity with multiple value-add angles. A flexible bonus room in the basement expands the floor-plan options, and recent paint touch-ups plus refreshed landscaping keep the curb appeal working for you.

The large, open backyard is the upside: potential ADU possibilities for investors, builders, and buyers who verify them. bring your vision, run your numbers, and bring your offer.

Buyer to conduct all due diligence