Summary
Address: 585 Arrowhead Villa Rd, Lake Arrowhead, CA 92385
2-bedroom / 1 bath Single Family Home
Property is Occupied! Please do not disturb the tenants. Contact the Dispo Manager for access.
Deal Takeaways:
- Tons of spread in the deal
- Tenants are month to month, and can be removed with 30 day notice
- No HVAC | Old Roof (unknown exact age)
- Perfect for someone looking to flip or make a short term rental
Comps:
- 566 Sunderland Ct, Lake Arrowhead, CA 92352 - sold for 515k (1 street over)
- 576 Kuffel Canyon Rd, Arrowhead Villas, CA 92352- sold for 585k (bigger sqft though)
- 816 Ivy Ln, Arrowhead Farms, CA 92407 - sold for 445k
Financials:
ARV: $515,000
Purchase Price: $232,000
Estimated Profit Details (Flipper/MLS Sale):
ARV: $515,000
(*) 94% for sale commissions
(-) $232,000 purchase price
(-) $60,000 estimated rehab costs (new roof, HVAC, updating)
(-) $5,000 esti. closing / holding cost
(=) $195,100 profit
Property Details:
685 Home Square Feet
3,049 SQFT Lot Size
Closing on Jul 18th, 2024
Padua Partners Acquisitions assumes no liability for the accuracy of any estimates or information provided.
End buyers must conduct own due diligence.
The property is to be sold as-is.
Proof of funds is required.
Cash or hard money only.
End buyer pays all closing costs and fees associated with this transaction.
$5,000 Non-Refundable EMD needed to secure the contract.
Street View
Location
current deal
comparables
available
sold
#2
$123k
$99k
| Bedrooms | |
| Bathrooms | |
| Sq. footage |
Deals nearby
Available
Sold