Selling the equitable rights to this TEARDOWN property in Englewood, located in a quiet neighborhood just 7 minutes from downtown, providing convenient access to all the best shopping, dining, and entertainment that the city has to offer. For sports enthusiasts, the Mission Conception Sports Park is only 2 minutes away, offering a variety of recreational activities for all ages. Golfers will love being just few minutes from the 203 McDonald Ave golf course, one of the best courses in the area.

Property is available for a walkthrough at anytime, currently has a lockbox on it!

Exit Strategies

Teardown the property and build a charming bungalow SFH. New builds in the area are going for $250k+. The lots in the area are going for $60k+. CAD Land Value: $72,560

Renovate the property and convert it into a STR since it's conveniently located very close to downtown. Rents for LTR are going at least at $1,300 in the area.

COMPS

RENTS

158 Halliday Ave Unit 2

1 Bed/ 1 Bath built in 1912

Rent Price: $1,300

Closed Date: 07/29/2022 DOM 1

 206 Palo Blanco St

1 Bed/ 1 Bath with 640 sqft built in 1925

Rent Price: $1,600

Closed Date: 08/14/2022 DOM 109

TEARDOWNS

4602 Sierra St (Investor special) Teardown

1 bed 1 bath with 624 sqft built in 1999

Listed Price: $55,000

Sold Price: $50,000

Closed Date: 03/31/2023 DOM 10

321 Regent (Investor Special) Teardown

2 beds 1 bath with 1104 sqft built in 1920

Listing Price: $79,900

Sold Price: $79,900

Closed Date: 03/27/2023 DOM 208

235 Benita St (Investor Special) Not livable

2 beds 1 bath with 720 sqft built in 1947

Listing Price: $95,000

Sold Price: $90,000

Closed Date: 03/31/2023 DOM 60

RENOVATED

164 Thelka (Renovated)

2 beds 1 bath with 920 sqft built in 1950

Lot: 7,666 sqft

Listing Price: $175,000

Sold Price: $168,000

Closed Date: 03/20/2023 DOM 38

We are requiring any interested Buyers to:

- Provide proof of funds

- Provide a $5,000 non-refundable deposit.

- Pay the standard closing cost, including title fees.

- Please do your own due diligence, no option period.  

- If a new Survey is needed, it will be at the expense of the buyer.