Great flip opportunity in Redwood City (Palm Park). Great bones, recent comps, and OVER 300K IN SPREAD make this a great flip! Property will be delivered vacant. Contract ready to be assigned to cash and hard-money buyers only!

ARV: 1.4M

Asking Price: 1.095k

COE: 8/7/23

PROPERTY DETAILS

3/2 | 1130 Sqft | 3250 lot sqft | 1925 build

Rehab Level: Medium

Foundation: Good

Roof: Good, repair as needed

Electrical: Replace as needed

Plumbing: Good

HVAC: Good

Water Heater: Good

Occupancy: Delivered Vacant

COE: 8/7/23

Permit History:

• 1989- Plumbing- Replace water heater
• 1993- Building- Replace fence
• 1993- Building- Replace window
• 1993- Plumbing- Replace and repair water and gas lines
• 1996- Building- Foundation Repair
• 1997- Building
• 1998- Combination
• 1999- Plumbing- Replace ex. sewer line



COMPS

1017 King St Redwood City, CA 94061 (6/29/23) $1.55M

• 3/2, same sqft, slightly larger lot, remodeled, some yard space, 1925 build

212 Oak Av Redwood City, CA 94061 (5/5/23) $1.5M

• 4/2, slightly more sqft on a slightly larger lot, craftsman, remodeled, some yard space, 1923 build

2621 Jefferson Av Redwood City, CA 94062 (pending) $1.35M

• 2/2, slightly larger on a slightly larger lot, remodeled, double attached garage, very little yard space, MAJOR ROAD, 1981 build
• Went under-contract in 10 days
• Need to check with listing agent, believe this is selling over list

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