Off-Market Wholesale Deal in Alpine, Ca

[Kyle Stines]

Estimated ARV: $685,000.00

Wholesale price: $431,000.00

Purchase Price per square foot: $169.00

Estimated Rehab budget: $100,000 - $120,000

If you or your clients are ready to flip a home in San Diego County, or purchase a primary residence for a discount, in Alpine, Ca then read on!

The home sits at the top of a hill on 8 acres with AMAZING views. This is a Great opportunity in an area where the homes are in great demand. There are 3 vineyards on the same road as this home. This tri-level home offers tons of privacy near the end of the road. The home has plenty of room for guests or a large family and includes a separate area with its own entrance that can be turned into extra rental income. This home is really unique, sitting in a peaceful canyon with only over a hundred homes. This home would be such a great location for an Airbnb opportunity for those wanting to get away from the everyday hustle and bustle of the city life with a potential $4,200.00 monthly income at 50% occupancy or, of course, a great flip opportunity.

Please note there was a previous address and previous parcel number that was confirmed with the San Diego County Planning and Development Services. The building permit that allowed for the construction of the house is linked to the previous address and APN number. The county recognizes a house with 2,550 livable square feet including the basement. Documentation can be provided with some located in this folder.

THE HOME SITS AT THE END OF A PRIVATE ROAD. THE OCCUPANTS HAVE ASKED TO NOT BE DISTURBED.

YOU WILL BE ABLE TO VIEW THE PROPERTY WHEN WE INVITE YOU TO OUR INSPECTION

THE PROPERTY WILL BE DELIVERED VACANT.

Address: 3440 Emmanuel Way Alpine, Ca 91901

(San Diego County)

Pricing Information

Estimated ARV: $685,000.00

Wholesale price: $431,000.00

Purchase Price per square foot: $169.00

Estimated Rehab budget: $100,000 - $120,000

Property Information:

5 beds 3 baths

2,550 (verified square footage by county)

8 acres

Well/septic

Repair suggestions:

New Roof Suggested but may not be necessaryAdd AC to central air

Full Remodel

Comparisons:

21240 Japatul Rd Alpine, CA 91901

Sold for $640,000.00

3 beds 2 baths 2,082

$312.00 sqft

4 acres

3965 Carveacre Rd, Alpine, CA 91901

Sold for 645,000.00

$289.00 sqft

3 beds 3 baths 2,228 sqft

3.32 acres

21245 Old Oak Rd Alpine, CA 91901

Sold for $635,000.00

4 beds 3 baths 3,000 sqft

$205.00 sqft

3.43 acres

Terms:

We are contacting you to allow you to determine your interest in partnering with us on this opportunity or to purchase this opportunity from us. We have a purchase agreement signed by the seller in escrow. Depending on the inspection results and offers received, we may decide to continue to close on this property ourselves, close on this property with a partner, or assign the contract to another Buyer. This transaction is taking place with the assistance of East County Home Buyers, Oakwood Escrow, Corinthian Title and our attorney. All documents and records will be provided to partner / assignee.

Property is being sold in “As Is” condition. Please do your own due diligence. Buyer pays all closing costs and escrow fees.In order to take advantage of this opportunity, you must follow these steps:

1) Review information and run your numbers to make sure this deal make sense to you.2) Attend our inspection of the subject property

on 9/TBD/2018 at TBD (ask to be placed on update list)

3) Submit an offer by TBD on 9/TBD/20184) Sign an agreement with us by TBD on 9/TBD/2018

5) Wire an earnest money deposit by TBD on 9/TBD/2018.

6) Close by (45 day close)

Serious Buyers ONLY!

Agents, add your fee on top to sell this deal to your Buyers.

Preferred: Email us at [email protected]

Or Call us at 619-331-3966

LOB Coatimundi, LLC DBA EastCountyHomeBuyers.com is a principal party in a valid and assignable Purchase and Sales Agreement which allows LOB Coatimundi, LLC DBA EastCountyHomeBuyers.com to purchase a home in Alpine, CA. The decision has been made to offer this Purchase and Sales Agreement to another investor to allow you the opportunity to buy this home.

If you're interested in acquiring this Purchase and Sales Agreement, please contact us right away.

Not for public distribution. Private communication only.