4 Beds
4 Baths
2,400 SqFt
4 Beds
4 Baths
2,400 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $1,206
MLS Listing ID IG24195916
Style Detached
Bedrooms 4
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 1908
Lot Size 2,178 Sqft
Acres 0.05
Property Description
Calling all investors, developers, contractors, and flippersthis is the rare chance youve been waiting for! Nestled in a prime location, this property offers an unmatched opportunity to unlock its full potential with a high return on investment. Whether youre looking for your next project to flip or searching for a long-term investment with significant appreciation potential, this fixer-upper is a hidden gem, priced well below market value for a quick sale. The property comes with architectural plans already available for a comprehensive remodel, saving you time and effort in the planning stages. Once completed, the estimated after-remodel value is an impressive $5,800,000, providing ample opportunity to capitalize on this venture. Whether you plan to resell or hold the property as a lucrative rental, this project promises a remarkable return on your investment. The existing structure is primed for a transformation, offering a blank canvas for a new vision. Imagine designing a luxurious and modern home that meets the demands of todays discerning buyers. The spacious layout, generous lot size, and desirable location make this property ripe for a significant upgrade. Roof deck included in the initial plans. Verbal approval on the plans from the city.
Location
State CA
County Orange
Area Oc - Newport Beach (92661)
Interior
Fireplaces Type FP in Living Room
Laundry Inside
Exterior
View Bay, Ocean
Building
Lot Description Sidewalks
Story 2
Lot Size Range 1-3999 SF
Sewer Public Sewer
Water Public
Level or Stories 2 Story
Others
Monthly Total Fees $32
Acceptable Financing Cash, Conventional, Exchange, FHA, Land Contract, VA, Cash To Existing Loan, Cash To New Loan
Listing Terms Cash, Conventional, Exchange, FHA, Land Contract, VA, Cash To Existing Loan, Cash To New Loan
Special Listing Condition Standard
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