Investment Opportunity · Victorville, CA

16672 E St

Victorville, CA 92395 · MLS IG26198809

List price
$200,000
3 bd / 1 ba
Bedrooms / baths
1,146 sq ft
Living area
1952
Year built
10,650 sq ft
Lot

"Cash offers or hard money financing preferred due to the property's current physical and regulatory condition."

Listed by Sandy Johnston SANDY JOHNSTON BROKER DRE #01199991 · (909) 556-8960

From the listing. Bring your contractor and your vision to this high-potential fixer-upper located in a desirable neighborhood. This compact, single-family home offers an incredible opportunity for investors, flippers, or DIY enthusiasts looking to build equity. Property is currently boarded up and sold strictly in "As-Is" condition. The structure and property currently carry active city code violations. The buyer will assume full responsibility for addressing, curing, and bringing all existing city violations into full compliance post-closing. Cash offers or hard money financing preferred due to the property's current physical and regulatory condition. Excellent margin for return on investment upon complete rehab and code clearance. Perfect canvas for a total tear-down and rebuild or a complete structural renovation (subject to local zoning and city approval). All inspections, due diligence, and verification of city lien/violation details are the sole responsibility of the buyer. Proof of funds or pre-approval required with all offers.

01 - Price This Property

What you qualify for on 16672 E St.

Preset with the list price and our rough renovation estimate. Change your score, your experience, the budget or the after-repair value and the numbers below move with them. Nothing is pulled and nothing is saved.

List price $200,000
State CA

A ballpark is fine. Nothing is pulled.

Flips, rentals bought and sold, or builds. Decides the down payment.

Our super rough estimate at $110 per sq ft. Put in your contractor's number if you have one.

The loan stays under 75% of it. Leave blank to size on the price alone.

    02 - The Numbers at Closing

    Priced at the list price.

    ItemOption 1Option 2

    *Every figure on this page is a rough estimate. The renovation budget is a super rough placeholder at $110 per sq ft, not a bid or an inspection; get your own contractor numbers before you offer. Indicative estimate for discussion, not a commitment to lend. Business-purpose loans to investors only; final terms are set at submission. Fix and flip loans are sized on an appraisal and must stay under 75% of after-repair value. 10% down is for experienced investors; first-time flippers put 20% down. The no-appraisal option is available in major California markets. Fix and flip fees include administration, documents, legal, draw inspections and servicing. Title, escrow and taxes are not included.

    We are the lender, not the listing agent. This property is listed by Sandy Johnston, SANDY JOHNSTON BROKER ((909) 556-8960). To see it or make an offer, contact Sandy directly, or work with your own buyer's agent. The numbers on this page are simply what our financing would look like on this property. Viewing them is not a commitment to borrow from us, and you are free to finance the purchase however you choose. We do not represent buyers or sellers.

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