FIXER. CONTRACTOR SPECIAL. INVESTOR OPPORTUNITY. 2nd Lender Foreclosed and now owns. Can assume current 1st loan for short period of time. Previous Owner called for Final Inspection but couldn't finish. Garage Floor needs to be broken out and re-poured with lightweight concrete. Concrete along street (front of house) needs to be broken out 10' and re-poured.Basement needs to be finished with shear walls, insulation. ROW (Right of Way) (Public Street Work) Sewer line was not inspected. Needs to be exposed, inspected, back-filled and new asphalt. Those are the expensive items, then there are lots of little items. Broker has complete list from late August 24, Building Inspector and from water department. On a clear day you get Ocean Peak View. Gigantic Basement "might" be great place for ADU?? No conventional, FHA, VA Financing until FINAL Sign Off. There is still a Hard Money 1st loan which can be assumed for a short period of time Broker has a August 27, 2024 Inspection Results from County to share with serious qualified Buyer. Also has corrections letter from Otay Water regarding ROW work (Work in the public street)
Listing courtesy of Listing Agent: Jeff Middaugh (investwithjeff@gmail.com) from Listing Office: Jeffrey Middaugh.
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