💸Great 🏠Portfolo🏠 Add💸

Kern County, California City, CA, 93505
Sold
Listed at: May 22nd, 2023
Price
$175,000
ARV
$280,000
Gross Margin
$105,000
Sq. Footage
1429
Type
Single-Family
Parking
Garage
Year build
1990
Lot size
6098.00 sqft
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Off Market Wholesale Real Estate Deal with Non-Paying Tenant that is facing eveiction

Property Details:

  • Property Type: SFR
  • Location: California City Ca
  • Tenant Situation: Non-Paying Tenant

Property Description:

This exclusive off-market wholesale real estate deal presents a unique opportunity for investors looking to acquire a property with a non-paying tenant. The property is situated in a desirable location within [City, State], offering potential for strong rental income once the tenant situation is resolved. Whether you are an experienced investor looking to expand your portfolio or someone seeking a profitable real estate venture, this deal holds significant potential.



Property condition is unknown at this time. The current tenant is curently in the evection process and has been communicating and is working on getting out.

PLEASE READ:

  • No wholesalers or daisy chains
  • Verbal offer required to inspect
  • POF required to inspect
  • Cash offers only
  • Terms below are non-negotiable


❗❗❗ Please Note: The below terms are NON-NEGOTIABLE.  If they do not work for you or your company, please do not offer on this deal and move on!

  • $15,000 Non-Refundable EMD to be wired to our preferred title company/atty within 24 hours of signing the assignment/PSA. 
  • Buyer to pay all closing costs, seller to pay prorated taxes and transfer prorated rent/security deposit if applicable
  • All offers must be cash, hard money, or private money.
  • Wholesalers / Agents are not to market this deal without KMD’s permission.
  • At this time we are not open to JV’ing this property
  • Agents please add your commission ON TOP of our asking price.
  • DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving KMD exclusive rights to purchase the property.. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.



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

Stuart Gimpelson

No reviews

Disposition manager