Property Description:
Great value play in Malibu Groves—same-model comps nearby point to a clean resale around the mid-$200s once the majors are done. 1962 single-story on a 6,911 sf lot with a carport. Currently occupied (vacant at closing). Roof and HVAC are end-of-life per notes; interior is due for a standard flip refresh.
🛠️ Rehab Scope
- Replace roof (age/condition noted)
- Replace HVAC system (condenser & air handler, ducting as needed)
- Interior cosmetics: paint in/out, LVP/tile, fixtures, doors/trim
- Kitchen & bath refresh: cabinets/vanities, tops, tile, plumbing trims
- Electrical & plumbing tune-ups (outlets/GFCIs, supply/stop valves)
- Exterior: fascia/soffit as needed, pressure wash, landscaping, curb appeal
🔵 Nearby Comps
- 4469 Evers Pl — 3/1, 985 sf — Closed $255,000 ($259/sf). Likely renovated (top of market for size).
- 4118 Kirkland Blvd — 3/1, 1,020 sf — Pending ~$250,000 ($245/sf). Looks nearer to updated pricing.
- 4270 Solomon Dr — 3/1, 875 sf — Closed $243,000 ($278/sf). Small but high $/sf—appears updated.
- 4267 Kirkland Blvd — 3/1, 1,035 sf — Pending $230,000 ($222/sf). Likely dated/average condition.
- 2111 Mantilla Ave — 3/1, 1,040 sf — Active $250,000 ($240/sf). Competes with a light-to-updated finish level.
- 3811 Guinyard Way — 2/1, 984 sf — Closed $194,000 ($197/sf). Smaller/older layout; likely dated.
- 1831 Riley Ave — 2/1, 720 sf — Closed $229,000 ($318/sf). Tiny fully updated outlier; limited relevance.