I got a reduction on the Rancho Santa Fe, CA Fixer! $1.96M

Rancho Rendering

Rancho Santa Fe Fixer!

Have contract for $1.96M want to Assign to End buyer – Direct to Seller!
7021 Caminito de Conejos 
Rancho Santa Fe, CA 92067
Helped this client get qualified for this over a year ago.
He was in over his head. 
So now he’s liquidating projects and starting over with smaller flips.
I’ve spent a bit of time here since it is located in SD County where I focused at that time. 
The property is set back on a private street, at the back of the cul-de-sac with extreme privacy.
The homes surrounding have been renovated and updated within the last 10 years.
It would make an interesting project for someone serious and experienced. The homes sell for $3M-$5M in the area. 
I can get you inside after you run your numbers, drive by and inspect the property exterior first. 
The rehab numbers can be all over the place, from $750k-$1M+ depending on your taste.
As Is- $2.8M as of 4/8/15 (per appraisal available)
ARV- $3.5M as of 3/6/15 (per appraisal available)
  • 4 beds, 5 baths
  • 5,111 sq.ft
  • Pool/Spa
  • Sitting on 4 acre lot with fruit trees
Available: Appraisal Reports – Both  AS Is and ARV 
These are videos from  a year ago when we first closed this.

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