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Updated almost 6 years ago on . Most recent reply

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17
Posts
5
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Fernando Corrado
  • Investor
  • Porter Ranch / Northridge, CA
5
Votes |
17
Posts

Whether to sell a property in Arcadia

Fernando Corrado
  • Investor
  • Porter Ranch / Northridge, CA
Posted

Hello all,

I have a property in Arcadia, California that I'm debating whether to sell as is, sell after fixing up, or renting out. The property is around 2900 sq ft and ideally would need a new paint, carpet, 3 bathrooms to be updated, new floors and tiles in the kitchen.  

Question is:

- In Arcadia, how it the market with regards to seeing much of a difference in fixing it up before selling.  Often buyers will redo the home anyway in this area.

- Does it make sense to rent at this price range?  Zillow and Trulia estimate the price at 1.4m to 1.5m. Do we expect more appreciation in this area or is it pretty capped out?  I prefer passive income over appreciation at this point.

thanks!

Most Popular Reply

User Stats

130
Posts
65
Votes
Rudy Avila
  • Rental Property Investor
  • El Monte CA
65
Votes |
130
Posts
Rudy Avila
  • Rental Property Investor
  • El Monte CA
Replied

Sup I live down the street in El Monte jaja nice man those are the big baller houses everyone from the 626 knows about... If you need me for boots on the ground some day let me know... I also have properties in CA..

  • Rudy Avila
  • Loading replies...