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Updated about 3 years ago on . Most recent reply

User Stats

302
Posts
163
Votes
Robert Reynolds
  • Real Estate Agent
  • Los Angeles, CA
163
Votes |
302
Posts

Sell or Build on Vacant Lot

Robert Reynolds
  • Real Estate Agent
  • Los Angeles, CA
Posted

My grandmother passed and left two vacant lots in her estate. Each lot is almost 1/2 an acre in Victorville, near a school, in a residential neighborhood. We can either sell each lot for about $50k, or develop each lot and sell for about $400k. I'm a licensed real estate agent in SoCal looking to get a few investment properties in the near future. Think this might be a great chance to start. 

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