Please send offer to offerfeh@gmail.com
Price $325,000. Needs complete new house built on the property. ARV over $520,000 for all 4 parcels
2 bed, 1 bath, 756 sq ft, lot 20,008 sq ft, built 1947, FSBO property. Three additional ½ acre surrounding parcels.
See below: Photos, Property Details, Video, How to View Property, Comps, Offer Instructions
Property Details
Click here to see all the pictures of the property.
2 bed, 1 bath, 756 sq ft, lot 20,008 sq ft, built 1947, FSBO property. Needs complete new house built on the property.
Actually, house footprint 1350 sq. ft since glop on in back added. Would recommend a complete rebuild of the house. Mobile camper on the lot. Investment opportunity by building ADU’s, manufactured homes, mobile homes, or modular homes on the extra three parcels. Could take the lot split and sell each of the two parcels with wells for up to 100 grand each.
Well on one lot pumps 50 gallons per minute, other well on other lot pumps 35 gallons per minute. In that part of Descanso lots are on wells, not city water. All of Descanso has electric to parcels. Only 1 and half miles from central Descanso, many opportunities with this, location.
House comes up to lot line does not straddle the lot line407-122-03-00, old well (parcel with the house)407-122-01-00, new well407-122-02-00, new well407-130-02-00, legal lot, building siteAbove lot will take horses and a corralView parcel map.
Near Casino
Amazing floor plan, really nice living space. You could keep existing floor plan and build a wonderful new house. You can really do a lot with this property such as income producing units. Huge back lot which increases the value. Lot has a wide open feel, privacy and seclusion, wonderful views and more views. Excellent neighborhood & schools around Descanso. Solar could be a good idea. On Septic.
Estimated repairs: New house, Possibly you could do a renovation (new kitchen, everything, etc.)
Median rents: $1647
Redfin Estimate for the main parcel: $374,374
FIRST IMPRESSIVE CASH OFFER Gets the Deal. We would like a very quick close. Proof of Funds required.
If you want to view the property call for code if want to see inside of property, easy access and very quick to view at your convenience. House vacant I believe.
How to View Property
If you want to view the property call for directions
Comparables
View full list of comps in PDF file.10016 Descanso Trail, sale price $468,000 (SOLD) COE 9/25/201924722 Viejas Blvd, sale price $430,000 (SOLD) COE 8/6/201924609 Sycamore Dr, sale price $325,000 (SOLD) COE 7/10/201926887 Old Hwy 80, sale price $390,000 (SOLD) COE 1/2/2019
View historic comps from the same street in PDF file.
11 sold comps, 91916, 0 to 1 acre, Jan 2018 to present.pdf
8 sold comps, 6 mi out, 0 to 1 acre, Jan 2018 to present.
8 sold SFRs, on same block, historical sales.
Property Detail Report
View Property Detail Report in PDF file.
Offer Instructions
- Submit offers: offerfeh@gmail.com
- Offer should include: Signed purchase agreement, deposit amount,POF
- Cash or Hard Money loan with bank statement proof of funds
- Include contact info: name, phone, email
- Purchase agreement: CAR or First Tuesday. (download First Tuesday Purchase Agreement)
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