Sacramento Area Deal or Not a deal
3 Replies
Konstantin Morar
posted about 1 year ago
Hello Bigger Pockets Community. What if you could get this property for 315K would you buy?
https://www.redfin.com/CA/Roseville/408-East-St-95678/home/19582059
What are your thoughts? Deal or no deal?
Aaron K.
Specialist from Riverside, CA
replied about 1 year ago
On the face not terrible for SAC but they look rough from the outside and they could have unpermitted additions, without interior repairs necessary you really can't say.
Konstantin Morar
replied about 1 year ago
@ Aaron. Thanks for the response. To me the property seems overpriced at 335 even at 315 since its a small lot, small houses and the houses need repair
Aaron K.
Specialist from Riverside, CA
replied about 1 year ago
@Konstantin Morar it probably is and I'm going off of very rough rent estimates and rates of return in my area, (which is similar but not an exact match). It isn't something I'd buy due to size and condition, as well as the possibility of poorly constructed additions. However from a rate of return perspective assuming these things would go for $1200 or so it isn't terrible for CA.