MASSIVE flip/development opportunity in Los Gatos. Unique opportunity to get a property in this exclusive neighborhood with incredible views! Great bones, recent comps, and 400K IN SPREAD make this a great flip. Contract ready to be assigned to cash and hard-money buyers only!

ARV: 1.2M

Asking Price: 800k

PROPERTY DETAILS

3/3 | 1562 Sqft | 1.12 Acres | 1976 build | Double Attached Garage

Rehab Level: Heavy

Foundation: Looks good, no signs of shifting or cracking

Roof: Recently Replaced 2 years ago- there was a leak

Electrical:  Update as needed- 3 pronged outlets

Plumbing: Upstairs toilet was removed due to a leak. Owner was going to replace himself but got sick

HVAC: Good

Water Heater: Water heater looks good, but work may not be up to code

Sewer: Septic- condition unknown

Other: Re-list needed with listing agent

Occupancy: Vacant

COE: 10/12/23

COMPS

19170 Old Vineyard Rd Los Gatos, CA 95033 (5/31/23) 1.7M

• 4/3, 600 sqft larger, slightly smaller lot, 2000's remodel, 1976 build
• Sold in 30 days

20183 Beatty Ridge Rd, LOS GATOS, CA 95033 (9/13/22) 1.4M

• 3/2, 350 sqft larger, same size lot, same view, not fully remodeled, but clean and liveable, 1975 build

AVAILABLE FIRST COME FIRST SERVE. Non-refundable EMD of $24,000 required to lock it up

Showing by appointment

For all inquiries, please contact

Das Karciauskas

Das@pikehomebuyers.com

(916) 461-8541