Investors still find great deals in Del Norte County, California

By
Real Estate Broker/Owner with (831) 626-4000 CA #01772851 HI #RB-21268

There are quite a few bank owned properties (REO's) that need a bit of work done. For example, owners started to do upgrades, ran out of money, and lost the home.

Most investors here in Crescent City, Del Norte County California buy low priced properties and fix them up themselves, then turn them into rentals. One particular client of mine only buys multi-unit properties but those don't come on the market much now.

But there are great buys in single family homes under $100,000 and sometimes quite a bit under that. These are properties that need

CASH TO CLOSE.

There's one for sale right now that looks very promising:

- 3 bedrooms, 1 bathroom

- 1974 square feet

- on .33 acres

- built in 1974

- renovations were started but not finished

This property started out at $102,900

NOW FOR SALE AT $87,900

And I would try to negotiate an even lower price!!!

This is NOT my listing, so I would be your buyer's agent.

Call me, I have a feeling this property won't be long on the market.

MLS 1364548 - 240 Cooper - Courtesy Remax

______________________________________________

Posted by

Hella Mitschke Rothwell, Broker/Owner/REALTOR 

 

Let me be your independent real estate broker for oceanfront and oceanview property in California and Hawaii.  If you are a seller/owner, I will travel to your property to help get it ready for sale, then list and market it. If you are a buyer and we have a Buyers Representation Agreement in place, I will preview property on your behalf anywhere in California and Hawaii.  Please call me to discuss how I can help you.

Search Hawaii Listings on www.HellaHawaii.com

Member: Honolulu Board of REALTORS; National Association of REALTORS; Hawaii Association of REALTORS; Del Norte Association of REALTORS; California Association of REALTORS; MLSListings, Inc., the premier MLS listing service in Northern California.

 

________________________________________________________________

Hella Mitschke Rothwell (R)

Real Estate Broker/Owner/Realtor®
Licensed in California #01772851 & Hawaii #RB-21268

Tel. 808-226-1095 or 831-626-4000 

Fax 1-877-822-9332

www.HellaHawaii.com

www.HellaRothwell.com

www.RothwellRealty.com

HAWAII OFFICE: 1128 Ala Napunani Street, #1809, Honolulu, HI 96818

 CALIFORNIA OFFICE: Su Vecino Court, Lincoln & Dolores between 5th & 6th, Carmel-by-the-Sea, CA 93921

MAILING: P.O. Box 4554, Carmel-by-the-Sea, CA 93921

 
Email: HellaRothwell@gmail.com


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Disclaimer: Hella Rothwell does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

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investors still find great deals in crescent city

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Ambassador
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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

does sounds like a great deal.  Nothing like that in my market.

Apr 17, 2013 11:56 AM #1
Rainmaker
686,859
Hella Mitschke Rothwell
(831) 626-4000 - Honolulu, HI
Hawaii & California Real Estate Broker

Tammy: Stick built homes like this are coming less often on the market now. You can get good rental incomes from them.

Apr 17, 2013 12:00 PM #2
Rainmaker
386,734
Mark Horan
Resident Team Realty, LLC & Toni's Property Management LLC - Saint Cloud, FL
"The Resident Chef" - Resident Team Realty LLC &

Hella, That's Florida pricing and not California pricing. Are Hedge Funds gobbling up all your inventory too?

Apr 17, 2013 01:38 PM #3
Rainmaker
767,475
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Hella,

A very good bargain, the ones that need fixing are the best for investment value normally.

Apr 17, 2013 02:23 PM #4
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Rainmaker
686,859

Hella Mitschke Rothwell

Hawaii & California Real Estate Broker
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