🏠 Bakersfield Investor Special w/ almost an ACRE Lot 🏠

Kern County, Bakersfield, CA, 93307
Sold
Listed at: August 23rd, 2023
Price
$189,999
ARV
$325,000
Gross Margin
$135,001
Sq. Footage
1349
Type
Single-Family
Parking
Driveway
Year build
1953
Lot size
0.79 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

OFF MARKET OPPORTUNITY


2808 Potomac Avenue, Bakersfield, CA 93307


***BAKERSFIELD, CA - DEEPLY DISCOUNTED OFF MARKET DEAL***


 IN ESCROW, READY TO ASSIGN


Exit Strategies

- FIX AND FLIP 

- REHAB & RENTAL ROOM FOR GROWTH WITH ADU’S


ASKING PRICE: $189,999

Showings by Appt Only


Single Family 3 bed 1 bath

34,412 sqft lot / .79 acres

1,349 sqft

Zoned R-S

Full rehab of property. The property is in need of HVAC and roof replacement. The interior and exterior will need rehab.

Property Delivered Vacant

The owner will remove the cars from back yard and shipping container

Showings with a 48hr notice.


PHOTOS

https://drive.google.com/drive/folders/11IBUDoZFp7njENoqvXYe6V6YS8y14KOP


COMPS

606 Austin St, Bakersfield, CA 93307 Sold for $310

https://www.zillow.com/homedetails/606-Austin-St-Bakersfield-CA-93307/18939111_zpid/


The suggested Starting Price is $189,999 (Please Submit the Highest & Best Offer)


Contact:

Central Valley REI

661.495.5967


*Buyer to pay all closing costs for buyer and seller side.*


**Note: Contract is in place direct to seller. Escrow has been opened. Do not attempt to contact Seller directly. House is being sold in as-is condition. Buyer to do their own due diligence. EMD is due within 24 hrs.


This disclosure statement aims to provide you, the prospective buyer, with important information regarding the nature of our role as a property wholesaler and the services we offer. Please read this statement carefully before engaging in any property transactions with us. 1. Role and Responsibilities: We operate as a property wholesaler, facilitating the purchase and sale of real estate properties. Our role involves identifying potential properties, negotiating favorable terms with sellers, and subsequently offering these properties to potential buyers. It's important to note that we do not own the properties we offer for sale. Instead, we act as intermediaries connecting buyers and sellers. 2. Property Ownership: We do not hold ownership or title to the properties we present. Our function is to assign or transfer the purchase agreement to you, the buyer, upon successful negotiation. The actual ownership transfer occurs between you and the property seller, and all legal obligations are tied directly to that transaction. 3. Property Information: While we strive to provide accurate and up-to-date information about the properties we offer, we cannot guarantee the accuracy or completeness of the details provided. It is your responsibility as the buyer to conduct your own due diligence, inspections, and assessments to ensure the property meets your requirements and expectations. 4. Representation and Warranties: We do not make any representations or warranties regarding the condition, legality, or suitability of the properties we present. All properties are sold "as-is," and any warranties or representations should be obtained directly from the property seller or relevant parties. 5. Financial Considerations: Our compensation may come from the assignment or transfer of the purchase agreement and may be reflected in the purchase price. You should be aware of any fees or costs associated with the purchase, and we encourage you to review the financial terms thoroughly before proceeding. 6. Legal and Professional Advice: We strongly recommend seeking independent legal, financial, and professional advice before engaging in any property transaction with us. It's important to fully understand the legal implications, financial commitments, and potential risks associated with purchasing a property. 7. Confidentiality: Any information you provide to us during the property transaction process will be treated with the utmost confidentiality. We will not share your personal or financial information with any third parties without your explicit consent. By engaging in property transactions with us, you acknowledge and accept the terms outlined in this disclosure statement. If you have any questions or concerns, please do not hesitate to reach out to our team for further clarification. This disclosure statement is subject to change and may be updated without prior notice. It is recommended that you review this statement each time you consider a property transaction with us.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Gary Frausto

No reviews

Disposition manager