๐Ÿกโœจ Major flip in a great Location! โœจ๐Ÿก

Contra Costa County, Lafayette, CA, 94549
Sold
Listed at: December 22nd, 2023
Price
$970,000
ARV
$1,600,000
Gross Margin
$630,000
Sq. Footage
1275
Type
Single-Family
Parking
Carport
Year build
1955
Lot size
29750.00 sqft
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

We OWN this property outright! Price is higher due to how much we have already put into the project and for our plans to expand the house to a 4 Bedroom 2 Bathroom at 2,100 SQFT.

We are open to carrying the note! Our construction cost is about $280,000 with the plan to finish before July. Right when the summer market starts! Plans have been submitted to City and Development for Approval.

Contact 925-864-6572 for more details.

Currently the house is a 3 Bedroom, 2 Bath with 1275 Sqft. However, it does not make sense price wise to leave it as at 3/2. Serious investors and Contractors only. This is a major project that can lead to a Major investment!

Attention all Big Flip Investors! ๐Ÿ“ข Don't miss out on this excellent investment opportunity located in the highly sought-after Acalanes School District, known for its outstanding reputation as one of the top high schools in Northern California. ๐ŸŽ“

This property is a hidden gem with so much potential! ๐Ÿ’Ž Featuring a separate grandfathered unit behind the carport and an enormous lot, there are endless opportunities awaiting you. ๐Ÿ’ผ

We also have full architectural plans and Engineering Calculations (see the Link below) from a licensed company that will allow you to add additional space, a garage, and seamlessly connect the existing back unit to the main house. Converting it into a 4 bedroom and 2 bath with a total of 839 additional sqft! (Plans are currently being submitted to Planning and Development)

More Profitable to expand to a 4/2 at 2,100 sqft.

ARV as a 4/2

$1,600,000 to $1,700,000


Investing in this gem means you'll be maximizing your returns while capitalizing on an unbeatable location. Whether you're looking to make it your dream family home or seeking a profitable resale opportunity, this property checks all the boxes!

Escrow is open with WFG Title in Danville, CA.



https://drive.google.com/file/d/1V6rl82Yk2S2huwA7jtarXZk127VfJsrm/view?usp=sharing

https://drive.google.com/file/d/1LEG_H-9RXkn3FULmeL96o93cvoh5jaQe/view?usp=sharing














Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Frank Cisneros

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Disposition manager