FIXER In High end Carmel-by-the-Sea for 1.6 with an ARV of 2.35

[Fernando Ruiz]

Excellent, Elegant, Profitable FIXER in CARMEL BY THE SEA... Paradise lifestyle only 3-4 block away from the beach.... This home seats on an oversize lot with massive potential to maximize it in many possible ways. OUTSTANDING LOCATION FOR A GREAT RE-DEVELOPMENT!

NOT MANY COME ACROSS AT THIS PRICE WITH SUCH A HUGE SPREAD!

In the following link you will find all data to analyze the property.

https://www.dropbox.com/sh/4t8xcmtbho1ao0i/AABqhxaBoWMuL3GzTGwQgjNda?dl=0

The deal analyzer has 3 tabs

-Deal analyzer (here you will see that even when you are using financing the numbers are outstanding)

-Repair estimator (show what we are looking to do to the house)

-Investment Summary (shows the comps)

You will also find the pictures of the property.

Subject Property: 2713 15th Ave Carmel CA93923

• 1911 Sq Ft (2 floors)
• 3bd/ 3ba
• Built 1955
• 3-4 block from the sea
• 2 car garage
• RV Access(plenty on space)
• 6,000 Sq Ft Lot (Oversize for the area)

$1,600,000 asking price/ OBO

$25,000 Non-Refundable

$200K Estimated Repairs

$2,350,000 Estimated ARV(conservative)

Close date 10 days

All contingencies to be removed when submitting an offer

If you have a client feel free to reach out. We love working with Realtors and Brokers just add your commissions to the asking price.

Feel free to email me or call me with any questions or offers.

Fernando Ruiz

[email protected]

(209) 259-4801

Thank you