We are a smaller house on a really good sized lot.
The property has 3 beds, one bathroom and a detached 2-car garage.
The house has been used as a rental with the same tenants for the past 15 years.
They are in the process of moving out.
The property will be delivered vacant.
We have good curb appeal and mature orange trees.
REHAB
House is in good shape, it's just dated.
This one has options.
7400 sqft lot and detached garage bring in the ADU play which is a great option in this area- See top comp in the packet.
A small addition would also generate a huge return.
Rehabbing the house as it sits is the most straightforward approach.
This will require addressing most of the systems in the house and full cosmetics.
COMPS
Resale for this one will depend heavily on the strategy.
The most recent closing is for the house across the street- 10505 Shoshone Ave.
It is a smaller 2/1.
It sits on a larger corner lot and has been nicely updated but is not a fresh, full remodel.
It closed on May 24th for over $900k! This $900k resale ballpark should be the expectation.
The pending comp in the packet- 17418 Kingsbury St.
- is an example of a full remodel, addition or ADU play with backyard bonanza! This one contracted very quickly and will be closing WELL over list.
Just another example of the demand this neighborhood is seeing.
NOT INCLUDED IN THE PACKET:
Model match fixer comp:
17116 Kingsbury St
1061 sqft
3/1
DAVID (424) 256-021SIX
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