Turnkey | Rental Income Opportunity | Cash Flow

1721 Kings Dr, Paso Robles, CA 93446

$335,000 After Repair Value -
$265,000 Asking Price -
$0 Cost of Repairs =
$70,000 Potential Profit

Property Details

Asking Price $265,000

After Repair Value $335,000

Costs of Repairs $0

Potential Profit $70,000

Living Area 1088 ft2

Property Type Single Family House

Bedrooms 2

Bathrooms 2

Half Bathrooms N/A

Parking 2

Listed with Agent 1

Property Description

Turnkey Rental in Sierra Bonita! Highly Desirable Senior 55+ CommunityTurnkey rental income opportunityCurrently fetching $1300/month leased through July 20212 bed / 2 bath, 2 car garage with large backyard1,088 sf with 8,200 sq ft lotGreat Cul-De-Sac location in 55+ community of Sierra BonitaLocated close to parks, senior center, shopping, and restaurants.Home is functional with some upgrades in kitchen and bathrooms. Could use carpet/paint.Offered at $50K below market price. Not on MLS. Priced to Sell Fast. Offered at: $265,000 We cooperate with buyer’s agents.“Cash buyer wholesale/assignment, must close escrow October 5th or sooner”Recent Comparable Sales:1826 Southview Cir, Paso Robles 93446 SOLD: Aug 2020 $335,000 2 Beds, 2 Baths, 1,088 Sqft - Shepherd Dr, Paso Robles, CA 93446 SOLD: May 20, 2020 $320,000 2 Beds, 2 Baths, 1,088 sqft - Kings Dr, Paso Robles, CA - beds / 2 baths 1,088 sq ft Built in 1979 SOLD: April 2020 $316,900 - $313,301\ - : $316,100Redfin: $332,994Property is shown by appointment only.To schedule a walkthrough:Contact: Penny Lane Equity Sales@ - Joe Bernadez at (805) - ?; Joe@ - Polly Mertenz at (805) - ; Polly@ - Terms:$2500 EMD deposit, non-refundable, when contract is accepted.Buyers pay 50% of closing costs. Must close on or before September 30, 2020.Buyers satisfy themselves of inspections prior to submitting an offer; the offer must be contingency free.We are offering our equitable interest in a purchase contract.Contract is an assignment agreement provided by Penny Lane, not on CAR forms.Cash buyers or hard money (no FHA/VA loans can be accepted). Escrow already in place with Placer Title.

CONTACT LISTING OWNER

Get direct access to the seller

Save as Favorite
Write a Note

Ask the Seller

Questions on 1721 Kings Dr, Paso Robles CA

Waiting for the seller to respond your question.

This form is for general questions only. Asking for personal information is not allowed.

Nearby Deals

Some random deals around the area (20)

Hundreds of properties in California! Check Deals in California