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Robert Chuang
Pro Member
  • Realtor
  • Arcadia, CA
46
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145
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NEW Deal in California LA county Fixer

Robert Chuang
Pro Member
  • Realtor
  • Arcadia, CA
Posted Jul 31 2014, 13:46

Hi, I am an investor but currently do not have enough fund in my company account. Therefore I will be acting as a REALTOR for this deal . I found this deal this morning and the listing agent is reviewing for the offer this up coming monday Aug 4th.

The property is near Pasadena/Arcadia Area (Trustee sale, no need of court confirmation)

The listing price is - $875,000 - 5 bed 4 bath 3324 sq ft year 1984. I walked through the house and it looks to me mainly it need cosmetic (the seller already gutted most floorings). It may need a new roof.

Near by comps (sold) 

- $1,178,000 (not updated)- 4 bed 3 bath 3476 sq ft year 1990   

-$1,650,000 (somewhat updated) 4 bed 4 bath 3620 sq ft year 2005.

Estimation for repair ( **my opinion **) - $150,000  

Estimate PRV (predicted resale value) - $1,300,000.

As of now I knew that theres 3 offers, one of the offer is all cash and over listing price.

Please contact me and send me a message to my inbox if you would like further details and see the place! I hope somebody would jump on this deal!! I would rather have one of bigger pocket member to have the deal!

Regards,

Robert

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