- city or town where property is located: Oakland California
- neighborhood where property is located: Trestle Glen
- price the property is currently listed at: $ 425,000
- homes in the same neighborhood are selling for: $ 460,000.00 to $563,000.00
- difference in value between this property and the comps: $ 35,000.00 to $138,000.00
- probate / short sale / R.E.O. / 1031 exchange / traditional:
- days on market 30
On visual inspection of this property I have noticed that the following repairs would make a difference. Here is a list of suggested projects along with the estimated costs involved. Please consider the cost price estimates to be for supplies only. These postings are for contractor investors or serious do-it-yourself homeowners.
What is most amazing about this property is it's size.....67,082 square foot lot in Trestle Glen. Just imagine the possibilites here. Subdivide? Build new and sell other units? Check with the city of course on what can be done but.....WOW The last time a home sold with a large lot in the area (6/13/2005) was a 7,650 square foot lot and it went for $875,000.00....And it was really close to this property. Imagine almost 9X the property. Sure prices have changed in the last several years but, the economy of scale has not. There is great potential here. Give me a call and let's take a look at it together
- project: Total rehab of house $125,000.00 min
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For the property address and further information, please contact me at: 510 334-7800
I would like to help you take advantage of this opportunity / investment
