Johnson Valley, Ca.
Investment Opportunity
49329 Quailbush Rd.
WHOLESALE PRICE: $18,000.00
In escrow, willing to assign.
This property is located just outside Landers. The property offers amazing, in your face, mountain views and up against BLM land for the Big Horn Mountain Wilderness Area, there is so much beauty that won’t be touched This property consists of a 432 sq. ft. cabin on 5 acres with a few other dwellings on the property. It’s a good location for someone to use as a base camp for off-roaders. Fix it up, build a larger house, make unique and turn into an Airbnb during the largest off road events in North America, lots of opportunities. There’s a utility pole near the property, power can be dropped. Water is delivered to the area. No septic. Solar on property.
PROPERTY INFORMATION:
Cabin
432 sq. ft.
Studio
5 acre lot
Here’s the coordinates if you need them
34.342647 -116.58700
Rehab Information
Clean up crew and dumpsters needed to list this property for a quick flip.
Also, here’s the link for pictures and video:
https://drive.google.com/open?id=1T1zCxCTwVA7ZVYVczx4hhGiQJdLs7wDv
Purchase Price: $18,000
Price per sq. ft. foot: $41.00
***
ARV Comp #1-
4650 Sizer Canyon Rd.
400 sq. ft.
5 acres
$247.00 sq. ft.
$95,000
DOMLS- N/A
ARV Comp #2
4756 Bonanza Rd.
1500 sq. ft.
5 acres
$102 sq. ft.
$153,000
DOMLS- 60 days
Here’s a link to a flip that is being done in the area.
https://www.zillow.com/homes/recently_sold/17469866_zpid/6m_days/217800-_lot/34.388142,-116.504431,34.299416,-116.6294_rect/12_zm/
With some work on this cabin you can have this thing on and off the market quickly. If you look at recently sold comps you will find out that the homes are selling quickly in this neighborhood.