National City Duplex - $269,000 (SAN DIEGO)

[Jessy Khazraei]

Give me a call if you have interest/for more details (619) 431-5113

Rehab: $65,000

ARV: $400,000

Profit: $66,000

Currently rented out as one unit, but our rehab includes building a wall to divide into two units again as originally intended

1193 liveable sq ft

8,847 sq ft lot

Highlights:

Duplex is off market

We are selling lower than any other duplex that has sold in that area within the last year

Property is also bigger in lot size than comps

Our best comp that sold at $430,000 had a 3,438 sq ft lot.

2 comps sold as fixers at $270,000

Comp on 1701-1703 B Ave sold at $315,000 as a fixer

Rents:

Based on comps rents can be from $1,200-$1,500 per side (you would have a 1/1 and a 2/1)