Is this a good deal for a SFR in Southern California??

[Jeff Castro]

I have a property in a great neighborhood between SD & LA. Great schools, parks, etc, etc..

I have a tenant in place that signed for 2 year lease. About a year and half left. Currently renting for above market value at $3,800 per month.

I would like to sell the house and secure the equity. But am I realistic in my price? Zillow says house is worth $700-$730K. I know that if it were sold in open market, I could probably get $750K+ for the home.

How much would you sell the house to an investor take over for compared to retail? On 20% down, I think that leaves $500-$600 cash flow on a nice updated pool home in California.

Someone offered me $500K for the house.. That means missing out on up to $250K lol. I had to regretfully pass on this awesome deal.

Also, where would one find investors to take over the property & honor the lease? 

Thanks in advance!