Partially Complete SFR, 55%+ below retail value!

30703 San Martinez Rd, Castaic, CA 91384

$600,000 After Repair Value -
$275,000 Asking Price -
$0 Cost of Repairs =
$325,000 Potential Profit

Property Details

Asking Price $275,000

After Repair Value $600,000

Costs of Repairs $0

Potential Profit $325,000

Living Area 2250 ft2

Property Type Single Family House

Bedrooms 4

Bathrooms 3

Half Bathrooms 0

Parking 3

Listed with Agent Yes

Property Description

** Cash or Hard Money Purchase Only **
** Calling all Investors and Contractors **

Price: $275,000
ARV: over $600,000+

Comparable sale: 29737 Cromwell Ave
* new construction with one less br/ba and drastically smaller lot. A little more than a year old but the market has become tighter also raising home values since.

Partially constructed one story home on San Martinez in Val Verde. Huge 1/2 acre lot and excellent corner location. Fantastic opportunity. This is a Saratoga model of Pacific Modern Homes and plans are available. Rough plumbing and electrical are in but septic needs to be installed. There is a very good market for a 3 car garage, one story home sitting on a 1/2 acre corner lot. Buyer to investigate with County the feasibility of getting new permits to finish this custom home as well as verifying square footage, boundaries, cost to complete construction, etc.

Call or text Casey Schein with RE/MAX of Valencia at - to schedule appointment for viewing and get access to property. Must follow proper safety guidelines such as wearing recommended COVID-19 protective gear and social distancing.

DRE# -

Repairs Needed

Partially built home, studs on inside. Buyer to perform due diligence with county and contractor to estimate cost to finish construction.


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