investments · 1 min read
Off-Market Opportunity in Santee | High-Upside 4BD/2.5BA Wholesale Deal
Investors, take note of this prime value-add opportunity in the highly sought-after 92071 zip code. We are presenting an assignable contract (with the option for us to close and resell) on a spacious two-story home located in a quiet, established Santee neighborhood.
Built in 1973, this 1,944 sq. ft. residence sits on a generous 7,200 sq. ft. lot and offers a functional floor plan featuring 4 bedrooms and 2.5 bathrooms. While the bones are solid and include a 2-car garage, the property is ready for a full modern transformation to reach its maximum potential.
The Investment Breakdown:
- Purchase Price: $740,000
- Estimated Rehab: $150,000
- After Repair Value (ARV): $990,000
- Potential Net Profit: High-margin flip or a strong equity-play rental.
- Greg@fixandflippers.com
- 323-632-3279
With a $250,000 gap between purchase price and ARV, there is significant upside for a professional renovation. Santee remains a hotbed for families looking for larger lots and suburban comfort, making the exit strategy for this property exceptionally clear.