455 Long Branch Ave, Grover Beach, California Available
- 3 beds
- 1 baths
- 1236 sqft
- Address:
- 455 Long Branch Ave
Grover Beach, California 93433 - Square Feet:
- 1236
- Bedrooms:
- 3
- Bathrooms:
- 1
- Terms:
- Owner Finance
- Property Type:
- Home
- Year Built:
- 1936
Additional Features
This Fix and Flip project is located just blocks from the beach in Grover Beach, California. The scope of work includes a full cosmetic renovation inside and out. The end result will be a modernized beach bungalow with a Pacific coast ambiance. Purchase Price $425,000 Renovation $85,000 After Repair Value $625,000 Buy In $100,000 Projected $ Return $18,750 Projected % Return 18% Cash on Cash Projected % Return 41% Annualized Projected Timeframe 6 months Comparable Sales: 281 9th St, Grover Beach 3 bed / 2 bath 1500 sq ft. Sold 12/8/2021 $640,000 261 S11th St, Grover Beach 3 bed / 2 bath 1561 sq ft. Sold 8/10/2021 $600,000 642 S 6th St, Grover Beach 2 bed / 1 bath 792 sq ft. Sold 8/10/2021 $519,000