1081 Madrone Ave, Vallejo, CA 94592

A Great Investment Opportunity in Vallejo, CA Property Details A classic single-family house featuring 4 bedrooms, 2.5 bathrooms, and 2,644 sqft of living space on a 3,920 sqft lot with an attached 2-car garage. • Roof: Not specified • Furnace: Not specified • AC: Not specified • Plumbing: HVAC and plumbing service needed • Electrical Panel: Electrical outlet/switch updates needed • Water Heater: Not specified The property will be delivered vacant at closing. Investment Highlights • Fair condition property (3/5) built in 2005 in desirable Farragut Village subdivision • Estimated repair budget of $67,780 includes siding repair and exterior paint, full interior paint, LVP flooring in bedrooms and stairs, bathroom fixture updates, stainless cooktop replacement, and landscaping/fence repair • Strong comparable sales ranging from $710k-$800k, with a property on the same street (1060 Madrone Ave) selling for $764k • Very competitive market with many homes receiving multiple offers; hot homes sell 2% above list price in approximately 14 days • Located in a non-flood risk area with no bad zipcode designation • Contract price of $600,000 with asking price at $619,900 provides attractive wholesale opportunity Financial Summary • ARV (After Repair Value): $740,000 - $790,000 A Wonderful Wholesale Opportunity!