12061 Nutwood

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12061 Nutwood

Garden Grove, California

$949,777

Overview

Residential
Property Type

3
Bedrooms

2
Bathrooms

2
Garages

1394
Sqft

615696
Property ID

Description

INVESTORS, FLIPPERS AND BUYERS SEEKING A VALUE-ADD OPPORTUNITY!!! THIS HOUSE IS FOR YOU! 3BR 2BA with FAMILY ROOM and HUGE YARD! If you are seeking a house to renovate, this is a great candidate as most of the expensive items have already been updated, including: Replacement vinyl windows, Updated Electric Panel and most or all wiring, updated switches and outlets, evidence of copper re-pipe in bathrooms and kitchen, Central heating system with newer furnace installed, water heater, garage door and opener, roof has been re-sheeted and asphalt shingles appear to be serviceable. Front and rear lawns are in good condition with updated automated irrigation in front and rear. This home has a master suite with attached bath, two additional bedrooms with a shared bath. Original oak hardwood floors appear to be preserved under the existing carpet throughout the house. Save yourself time and review all the photos that show the items updated. There is a family room off the kitchen. Two fireplaces. Huge rear yard with room to add on, build an ADU, pool or backyard oasis. Based on nearby, newly remodeled properties currently for sale or recently sold, ARV (After Renovation Value) shows approximately $1,150,000 to $1,200,000. With most of the expensive items already done on this house, a renovation budget of $65,000 is realistic (Paint, Flooring, kitchen, baths, fixtures, appliances). This is an attractive opportunity with good profit potential.