Kern County Cash Cow

Email me for further info--drdbroker@gmail.com
The Deal: (The Property is in Great Shape.. Seller NEEDS To Liquidate) 

12 Units In Kern County (TWO 6-Plexes that can be bought individually)

First Building (Fully Rented) (160,000K)

Unit 1 – 2/1, 2 stories, $500
Unit 2 – 2/1, 2 stories, $400
Unit 3 – 2/1, 2 stories, $500
Unit 4 – 2/1, 2 stories, $500
Unit 5 – 2/1, 2 stories, $500
Unit 6 – 3/1, 2 stories, $600
After ALL expenses... The Property NETS 2,145 Per Month! CURRENTLY FULLY RENOVATED!
Second Building (Fully Rented) 160,000K
Unit 1 – 2/1, 2 stories, $500
Unit 2 – 2/1, 2 stories, $500
Unit 3 – 2/1, 2 stories, $500
Unit 4 – 2/1, 2 stories, $500
Unit 5 – 2/1, 2 stories, $500
Unit 6 – 3/1, 2 stories, $600
***Laundry with 4 Washers & Dryers: approx.. $1,000 
After ALL expenses... The Property NETS 2,245.52 Per Month 

Riverside-2 for 1 Special

3049 & 3063 Lime Street, Riverside, CA 92501
Price: $340K OBO
Property will be delivered all vacant
Easy Access: Please contact drdbroker@gmail.com
3063 is a Victorian SFR house with huge duplex in the back
Over 10,000 SF Lot! 2,483 SF 10,019 SF Lot
3049 is a cottage SFR - With Big Lot 672 SFR 7,841 Lot Zoning R2
5,000-7,000 SF Of Living Space
Buyer's Rep: 2%
Buyer's side to pay a finder's fee of $2500.
Buyers please do all your DD. There was city fines that my Investor took care of and will be paid with price included in asking price.
My Investor is short selling this property to a new Buyer. He is the Owner and short sale has been approved. Private Lender (his Friend) unrecorded lien on the property, for private, off market sale. One of the structures has some fire damage, cited as a substandard. All structures are said to be permitted but Buyers please double check with the city. The duplex in the back of the Victorian, Seller got approval with the city to remain there but will have to be used a storage. All pertinent documents AND permits will be provided for serious Buyer and transaction will all be done through escrow. Easy sale, with all good relationships. TONS OF POSSIBILITIES!
Buyers please do your own Due Diligence, let me know if you need anything or with any questions, please contact me.

 


CA SFR Portfolio-HOT! HOT! HOT!

17 Properties Representing....

9 Homes

23 apts

1 Condo

1 Manufactured Home

in California City & Lancaster CA.  The seller wants $2.5M to be sold as a package.  All of the units are impeccable and nicely rehabbed

100% Rented......... $241,200. a year  in rental income

+3 points.

Email  at drdbroker@gmail.com for the address


Fixer-City of Lynwood

Cozy home with large lot in the city of Lynwood.

Title show 3 bedroom 1 bath, but physically is a 2 bedroom 1 bath room.Large backyard with room to build extra bath or bedroom. For the area might make more sense to do standard rehab and quick resale.

Run your numbers and let me know what you think.

3317 Platt Ave, Lynwood CA 90262

2+1 742 sq ft. 4554 LOT

Price: $200K+ 2% buyer's rep​

Repairs: $20K

ARV: $275K

Sale: Standard

Deposit: $4K

Access: Call for appointment

Buyer's side to pay a finder's fee of $2500

 


Wow! Florida Property Deals-Huge Variety

*30 Condo Units In Orlando FL-$3,265,000,- 2 buildings- 22 condos with
19k mo income -8 condos with $7,136 mo income

*15 Condos Ii 24 Unit Condo Building Pompano Beach FL-$2,600,000-100%
leased-$133,500 NOI - 8.3 cap

*27 Townhomes Florida City FL-$4,000,000- bulk sale-new built
2007-1600 sf each NOI 225,000

*42 Units Residential Portfolio Sarasota & Bradenton FL-
$4,365,000-100% occupied-made up of 35 properties-income $338,455
yearly

*22 SFH IN ST PETERSBURG FL-3,500,000-private seller-package only 28 units total
*6 NEW HOMES PELICAN BAY/CANTAMAR FL
*12 SFH TAMPA FL

Any interest? Let me know ASAP. 626-641-0346 or email drdbroker@gmail.com


Signal Hill Multi-Family Deal

INVESTORS>>>>>>
Off Market Multi Unit (Under contract /Ready to assign)
Address:  2352 Lewis Ave Signal Hills, CA 90755
6 Units of 2Beds, 1 Bath each
4736 sq. ft.
Year Built 1961
          Income Statement

 

 Actual                                Proforma
1. $950                               $1350.00+
2. $950                               $1350.00
3. $950                               $1350.00
4. $950                               $1350.00
5. $950                               $1350.00
6. $900                               $1350.00

 

 $5650/month/67,800          $8,100.00/97,200

 

Standard Sale
Very Light Repairs:  (Property sold "as is")
Low Maintenance
PRICE NOW $745K  (Was $775K)

 

REDUCED TO $735K!!!!!! + 1.5% buyer's rep

 

OBO WE WILL TAKE HIGHEST AND BEST ON THIS ONE!

 

ARV Approx. $1,018,240
 
Comparables Analysis
 
ARV Aprox. 218 average sqft 218 x subject 4736 =$1,032,448 (conservative value $975k)
Buyer's side to pay a finder;s fee of $3000
 
Buyer must do their own due diligence to verify comparables.

COE 10 DAYS
EMD 3%

 

 


Orizaba, Paramount Smoking Deal

15128 Orizaba, Paramount, Ca, 90723 (vacant now)
BUY BACK GUARANTEE ( so confident on this property,
they (the sellers) will offer a complete BUY BACK GUARANTEE!!
THEY KNOW IT'S A SMOKING DEAL. THAT'S INCREDIBLE!!
Unlisted - Single Family Home + Duplex - Good Spread.
Here's a great property for any investor looking to make a TERRIFIC SPREAD
OR A GREAT BUY AND HOLD!
ALL CASH buy only!  The buyer needs to take a cashier's check into the attorney's office.
First come, first serve!
 
New Construction: Built In 2011
3 Units on a lot. Front unit is a beautiful 2,500 Sq Ft House WITH a huge
Duplex in the back.
The owner couldn't finish the duplex. Needs about 45,000 to complete the
project and get the
certificate of occupancy from the city for all 3 Units.

The city just wants the project completed and will work with the incoming investor.
All construction to this point has been approved and inspected by the city.
The owner just flat out ran out of money. PERMITS HAVE BEEN RENEWED:
This is a NO BRAINER

Purchase price: 499,000 (COMPS ARE NEAR 700K!) + 2% buyer's rep
 
Buyer's side to pay a finder's fee of 1% of the purchase price.

Chatsworth Fixer

Great area of Chatsworth in the Valley. Huge home on a HUGE LOT!

 

22231 Chatsworth St. Chatsworth, CA 91311

3/3 2,90041,459 LOT

Price: $665K + Buyer's Fee $5000

Repairs: Depends on work, as is $60K - $70K

Access: Drive By Only

Sale Type: Standard

Deposit: $10K

***Tenant occupied, currently in the eviction process***

Call Diane at 626-641-0346 or email at drdbroker@gmail.com


Paramount, CA-Huge Profit Potential Flip

Unlisted - 

Single Family Home + Duplex - Good EquitySpread, Good Income!

15128 Orizaba, Paramount, Ca, 90723

Here's a great property for any investor looking to make a TERRIFIC SPREAD.

New Construction: Built In 2011

3 Units on a lot. Front unit is a beautiful 2,500 Sq Ft House WITH a huge Duplex in the back.

The owner couldn't finish the duplex. Needs about 45,000 to complete the project and get the certificate of occupancy from the city for all 3 Units.

The city just wants the project completed and will work with the incoming investor. All construction to this point has been approved and inspected by the city. The owner just flat out ran out of money. This won't last!

Purchase Price: $575,000 +$7500 Buyer's Fee


Estimated Retail Value: $800,000+

Call Diane at 626-641-0346

 


Fixer in Riverside

Fixer in Riverside

3597 Roslyn St.

Riverside, Ca. 92504

3 Bd. 2 Ba.

1661 Sq.ft 10,454 Lot

Built in 1954

SFR on Corner Lot

Nice Treelined Street in Riverside

Hardwood Floors and Fireplace

Property is Under Contract

Cash/Hard Money

Price..............................$ 185,000

Rehab............................$   20,000

ARV...............................$ 260,000

Buyer's Reps.  Secure your fee with the buyer,

Buyer's side to pay a finder's fee of $3000

Submit LOI and POF to get access.

OPTION:  There IS potential Hard Money funds for this deal

if the buyer can show 20% cash down payment.



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