1980 Keith Lane, Rosamond, CA 93560

This house is in need of a full rehab. House itself it dated. It also had a small fire in the back room only and the rest of the house was not touched by the fire.

Key Info:

1. fire was not reported no insurance claimed no substandards or liens

2. Property still has all utilities connected. Gas and electric meters have not been pulled

3. There was legal addition and the county reflects the 1816 sqft

3 beds / 2 baths / 1,816 sq ft / 1.58 acre LOT

Asking: $145K

Estimated ARV: $350,000

Estimate of repairs needed:

• Bath & Kitchen remodel
• Flooring
• Windows
• Exterior/Interior Doors
• Repair of fire damaged room (studs, burned doors, drywall etc.)
• Smoke damage in a hallway added to house and smoke damage to 3rd bedroom door
• Bathroom water damage roof members need to be rebuilt due to rot in that specific area only (there are pics of the damage. Also pics of the rest of the attic showing no damage)
• Roof needs replacement
• AC needed
• If rebuilding the cement garage roof members and roof need to be replaced.

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Pictures:

https://drive.google.com/drive/folders/12wCJFitTa25UbkSZd9_KiRE5MWDf-sm5

Comps:

3359 Whisper Sands Ave, Rosamond, CA 93560 ($314K) – 3/2

2149 20th St W, Rosamond, CA 93560 ($354k) – 4/2

3575 Sierra Hwy, Rosamond, CA 93560 ($355k) 4/2

3116 Desert Cloud Ave, Rosamond, CA 93560 ($340k) 3/2

***all comps are for houses in neighborhoods while the subject property is on more than an acre of land, so these are the closest possible we could find.

Contingencies: 

• We are JV-ing this with a friend who is the contract holder for this property.
• Buyer to pay both sides of the closing costs.
• Please email to set a showing at deals@offmarketinvesting.com
• Needs to close ASAP