1040 Emerson St, Pasadena, CA 91106, USA
    $ 1,050,000.00
    100k Reduction! RM-16 Zoned SFR (Details Below)

    1040 Emerson St, Pasadena, CA 91106, USA
    • Rehab: 940,000
    • ARV: 4,000,000
    • Bedrooms: 4
    • Bathrooms: 2
    • Area: 1456 sq ft
    • Lot size: 8327 sq ft
    • Status:
    • House Type: Multi-Family

    Description

    – Wholesale deal under contract ready to assign, do not contact listing agent
    Current: 4 bed  |  2 bath  |  1,456 sq ft  |  8,327 sq ft lot
    • Vacant – Email/Call for Access
    • Do not contact listing agent
    • Rare gem! develop it into a multi-unit rental property! Perfect For the investor who may want to build multiple units on the property for potentially great rental income. RM-16 zoned per the city zoning map which means 16 homes per acre can be built. There is a multi unit build with similar lot size directly across the street for reference.
    Development Play: You can build 5 units. Each Can sell for $800k+.
    Purchase Price: $1,050,000
    Build Estimate: $940,000
    ARV: Each Can sell for $800k+. Potential profit of 2m.

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Fix & Flip Financing

Private Money Loans for Flippers and Rehabbers Trimark Funding provides rehab loans for non-owner occupied residential fixer-upper improvement projects in California. Our client borrowers are…

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