Updated about 2 years ago on .
From SFH Multi-Unit Construction
Investment Info:
Single-family residence other investment.
Purchase price: $975,000
Purchased and resided in SFH until 2023. Currently a rental with ADU. Next development phase is development of three units (two townhomes plus ADU).
What made you interested in investing in this type of deal?
IB is the last undiscovered beach community in San Diego County.
How did you find this deal and how did you negotiate it?
Went directly to the seller's agent. Without a buyer's agent we were able to out-negotiate five other offers.
How did you finance this deal?
Cash.
How did you add value to the deal?
...in the works
What was the outcome?
Stay tuned.