This Is The Kind Of House That Half A Million Dollars Will Get You In California.

[R.O. Double]

It's a bit of a fixer upper, but could you see yourself buying this if you had the money?

$475,000

• For Sale
• Single Family
• 3 Beds
• 2 Full Baths
• 1,276 Sq. Ft.
• 2 Car Garage

Spoiler

Link: 16652 Itasca Street, Northridge, CA 91343 - MLS 216000916 - Coldwell Banker

 

[c2daj]

fukk that

 

[hoodheronova]

nope

 

[DIMES]

It's a joke right

 

[R.O. Double]

fukk that

nope

Flipping houses nowadays is a profitable hustle. You might need a few Tetanus shots after, maybe a Lysol bath, but you'd be alright.

 

[LurkMoar]

half a mill for that? you can live next to jerry jones down here with that kinda money

 

[YBM]

You can buy 2 decent houses in Florida for that price . Those pics are disgusting

 

[feelosofer]

Flipping houses nowadays is a profitable hustle. You might need a few Tetanus shots after, maybe a Lysol bath, but you'd be alright.

This, a smart real estate investor could spend 550 including the house and renovations and flip it for 700-800k in an upcoming area.

 

[BelowTheMasonDixon]

This, a smart real estate investor could spend 550 including the house and renovations and flip it for 700-800k in an upcoming area.

Call ME Crazy, but I ain't dropping half a mill on a fixer upper.

 

[feelosofer]

Call ME Crazy, but I ain't dropping half a mill on a fixer upper.

People do though. Plus keep in mind you can get the money back in tax abatements and low interest, distressed property loans and credits.

 

[iFightSeagullsForBread]

It's Cali, I'd spend that much on a townhome to live out there.

But different strokes for different folks.

 

[EndDomination]

I would buy it to resell, have the foundation and structure looked at, have the amenities replaced cheaply, new appliances, new paint, structural repairs where needed, a garden and a tree + bushes in the front yard, stone driveway (its cheaper than paving it), have the steps repaired, have the house checked for molds and small animals, doors added, and porch added and sell it. Honestly, the total repair cost should be less than 90k, and resell value in that area should be high, especially if the surrounding neighborhood is an up-and-coming neighborhood.

 

[-G$-]

makes sense though. isn't northridge in the valley near all those other nice suburban LA neighborhoods?

 

[BrehMan]

$1/roach.

 

[EndDomination]

The price of condos in Beverly Hills though
For the same price as six 5-bedroom houses in East Cleveland, I could get one 2-bedroom condo with 2-bathrooms and a combined kitchen-dining area.
The price gouging is real