UNDER CONTRACT SAN DIEGO BEACH DUPLEX VIEW READY TO ASSIGN (2nd DG PMI locked up deal for me.)

http://www.vflyer.com/home/home/flyer/249069017

>>>>>>> CASH INVESTORS <<<<<<<<<<<<
------ INSTANT 20% EQUITY -------

PRIME LOMA PORTAL SAN DIEGO BEACH VIEW DUPLEX
READY TO ASSIGN TO YOU

4458-4660 West Point Loma Blvd
San Diego, CA 92107
4 Bed + 2 Bathroom
1,000 sq. ft.
Vacant AS IS Fixer

Where in this area can you find exclusive beach community property or properties that back up against a green belt?

Your view is overlooking an enormous Dusty Rhodes green grass park and extends for miles to Bay Park, Morena, Mt. Soledad, Ocean Beach. The lawn is literally right at your doorstep!

Priced at super low discount and we worked for weeks to keep the seller out of our minds waiting for them to accept.

HERE'S THE GOOD NEWS!

DISCOUNT SALE PRICE: $729,000
ARV (AFTER REPAIR VALUE): $ 82,000
ACCESS: Appointment Only (Email me)
Priority Repairs: Reset 4 Pier/posts, Update one kitchen, landscape, roof flashings and gutters, WDO remediation, update electric, patch and paint.
ASSIGNMENT FEE: $20,000

Opened 30-day escrow on 8/27/13;
10-days to inspect and cancel contingencies;
Fix over the year while renting one unit.

San Diego properties are averaging 23% increase per year to the month.

Realize conservative ARV at $859,000 and including increasing property values, you are at:

$1,056,000 before election year!

Point Loma is an exclusive beach community with trendy beach culture a mile west and ultra-wealthy yacht club harborage to the east. It's on the hill surrounded by the Pacific Ocean and the San Diego Bay.

It's home to the Naval Submarine Warfare Facility and the most strategic United States Pacific Naval Port. It's the Principal Home Port to the U.S. Pacific Fleet comprising of approximately 54 ships.

The surfing here within just blocks of this property is legendary. The Ocean Beach "vibe" is unique. The "OB People" grassroots run deep and became the farthest southwest coastal settlement of hippies of the San Francisco counter culture of the fifties and sixties.

The people here are young, prosperous, tan, athletic and beautiful. Loma Portal, where this property is situated, is a tiny community between the beach and Sea World, The San Diego Zoo, Harbor Island, San Diego International Airport, The Gaslamp Nightlife, San Diego Padres PETCO Park.

It's well-planned design of exclusive nature preserved and income-producing land mixed with Residential zoning from SFR Detached to 15-unit modern condos makes it a stable investment choice.

This property is zoned R4 with 2 existing units so it has double the ROI potential. You might even reach to find this value is in the land but you could:

- Sit on it for a year or two for cash flow to buildup reserves to buy more; or
- Demo and rebuild up two stories for four units with underground parking for for $500,000 profit in a year; or
- Buy and hold for a retirement stream.

Thanks for reading!