Wholesale Opportunity – San Bernardino, CA

Wholesale Opportunity – San Bernardino, CA


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CAL Property Solutions is considering wholesaling a single-family residence at 3860 Electric Avenue in San Bernardino, CA.  This property is currently in escrow.  You would be assuming the escrow.  Here are some basic details:

Address: 3860 Electric Avenue, San Bernardino, CA
Bedrooms: 2 bedrooms plus an unpermitted patio conversion that is currently being used as a 3rd bedroom
Baths: 1 full bath
Size: 1,012 sqft plus ~350 sqft unpermitted bedroom
Garage: 1 car garage
Lot Size: 8,580 sqft
Age: Built in 1947
Special features: Double gate entry to backyard from adjacent alley; large backyard
HVAC: Central heat and A/C
Sewerage: Septic system
Water: City
Cash Price: $170,000.00
Nonrefundable  Deposit: $15,000.00 due at time of assumption of escrow – nonrefundable
Escrow Closure Date: August 16, 2019
ARV: $258,000.00 – 285,000.00
Estimated Rehab Costs: $40,000-49,000 depending on finishes

Got questions ?  Contact Debbie Morgan at CAL Property Solutions (805-290-0828 cell) or debbie@calpropertysolutions.com for further details and additional pictures. The fastest way to reach Debbie is via text message!

 

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