$299,000 · SAN BERNARDINO COUNTY, GREEN VALLEY LAKE, CA 92341
Works for flippers · Landlords would lose money

Available

$299,000Asking price

2 bd · 2 ba · 1,500 sq ft · built 1967

SAN BERNARDINO COUNTY, GREEN VALLEY LAKE, CA 92341

3 views · listed a day ago

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)Backed by 4 comps: $465,000
Asking price: −$299,000
RepairsMiddle of the seller’s $12,000 – $20,500. Ours: $21,000 – $43,500: −$16,250
Loan, holding, closing20% down, 12% interest, 2 points, 67 days: −$32,973
Profit25.1% of ARV · flippers want 10%+: $116,777
Works

Works for a flipper up to $365,000.

DE LA PAZ REAL ESTATE ENTERPRISES LLC

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Comps

Sales

Rents

ARV $465,000

Backed by comps

Investimate’s value for the 4 sales the seller picked.

The sales behind this value are shown to members.

ARV $465,000

Backed by comps

Investimate’s value for the 4 sales the seller picked.

The sales behind this value are shown to members.

DE LA PAZ REAL ESTATE ENTERPRISES LLC

No reviews yet

Seller Description

Strong Mountain Equity Spread — $149K Gross Margin! Clean 2 Bed / 2 Bath | 1,500 Sq. Ft. | 3-Level Cabin in Green Valley Lake (92341). Asking $299,000 | Comp-Backed ARV $448,000 (4 comps) | Medium Rehab estimated ($20K–$25K). Already upgraded with a new concrete parking space, new gas fireplace, new gas range, new dishwasher, central heat, and inside laundry, plus wooded views just 3 mins to the lake, 15 mins to Snow Valley, and 20 mins to Big Bear. Must see to discover the full potential—ready for a quick close! Buyer to buy it as-is, cash or hard money loans only. $10,000 No Refundable EMD. Buyer to pay Seller's escrow and closing fees.