πŸ”₯FIX AND FLIP OPPORTUNITY IN SAN JOSE CA πŸ”₯πŸ’΅ $500K+ IN SPREAD πŸ’΅πŸŽ¦ VIDEO WALKTHROUGH IN LINK🎦

Santa Clara County, San Jose, CA, 95125
Sold
Listed at: April 14th, 2023
Price
$1,135,000
ARV
$1,600,000
Gross Margin
$465,000
Sq. Footage
1250
Type
Single-Family
Parking
Driveway
Year build
1908
Lot size
7810.00 sqft
Bedrooms
3
Bathrooms
3
Half Bathrooms
0
Summary

Crafstman fixer in prime San Jose (Willow Glen) neighborhood! Great bones, recent comps, and OVER $500K IN SPREAD make this a great flip! Contract ready to be assigned to cash and hard-money buyers only!


ARV: $1.6M+

Asking Price: $1,135,000


PROPERTY DETAILS


Rehab Level: Heavy

Electrical Panel: Unknown, see picture

HVAC: Unknown

Water Heater: Unknown

Roof: Main house- Good condition, 10-15 years left, ADU- Poor, needs replacement, Garage- Poor, needs replacement (report attached under documents)

Wood/termites: Some termites and dry rot (report attached under documents)

Occupancy: Delivered Vacant

COE: TBD- Likely 10 days


Main house

Note that on public record it is recorded as a 3/3, however the following were our observations:

Main floor- Foyer, dining room, kitchen, 2 bedrooms, living room, 2 bathrooms, and laundry room (may have been converted from a bathroom)

Second floor- two bedrooms with pitched roof

Buyer to verify


ADU

Living space with fireplace


Garage

Single car detached garage


COMPS

550 Hull Av San Jose, CA 95125 (UC) $1.69M

  • 3/2 not remodeled but clean, 1660 sqft, slightly smaller lot, 1927 build, driveway with double garage

1791 Kirkland Av San Jose, CA 95125 (4/3/23) $1.6M

  • 3/2 not remodeled but clean, same sqft, smaller lot 1950 build, driveway with single garage, quiet street

897 Coe Av San Jose, CA 95125 (3/15/23) $1.5M

  • 2/2, slightly smaller, much smaller lot, major road, small driveway, remodeled, but closed layout, 1929 build

1829 Bird Av San Jose, CA 95125 (3/13/23) $1.625M

  • 3/2 fully remodeled 1950 build, 1800 sqft, much smaller lot, small driveway for 2 cars, major road

997 Ramona Ct San Jose, CA 95125 (2/28/23) $1.28M

  • 2/1, MUCH Smaller- 892 sqft, similar lot, cul-de sac lots of parking, 1929 build (at $1509/sqft subject property is valued at $1.88M)



AVAILABLE FIRST COME FIRST SERVE. Non-refundable EMD of $10,000 required to lock it up


Showings by appointment


For all inquiries, please contact

Das Karciauskas

Das@pikehomebuyers.com

(916) 461-8541

Videos

Interior Walkthrough

ADU

Garage

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

Das Karciauskas

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