Owner
$537,469
50790 MONTEREY CANYON DR, INDIO, CA
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
Yes
beds
2
baths
1
sq. ft.
1,622
property type
Single Family Residential
hoa
Yes
About
Residential
Building Quality B
Living Area
Attached Garage
1 Story
Central
Wood
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
2020
Building Size
1,622 sq ft
Lot Size
5,732 sq ft
Lot Size (Acres)
0.13 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
779-520-004
County
Riverside County, CA
Metro Area
Riverside-San Bernardino-Ontario, CA
Zoning
—
Neighborhood/Subdivision
TRACT NO 37396 1
Lot Number
4
School District
—
Legal Description
ACRES 0.13164220 ACREAGEQUALCODE ML LOT 4 LOTTYPE L MAPPLATB 461 MAPPLATP 081 SUBDIVISIONNAME TR 37396-1
Tax & Value Information
Market Value (Total)
$361,710
Building Value
$0
Land Value
$361,710
Annual Property Tax
—
Tax Assessment Year
2023
Assessed Value
$425,512
Last Assessment Year
2023
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
2/1/2021
Recording Date
2/19/2021
Sales Document #
2021.108866
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$20,797
Return on Investment
15.60%
After Repair Value
$591,216
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$483,722
Renovation Cost
$26,873
Closing Costs (buying)
$9,674
Holding Costs
$14,676
Selling Costs
$35,473
Total Investment
$133,292
After Repair Value (ARV)
$591,216
Total Costs
$570,419
Estimated Profit
$20,797
Cash Invested
$123,618
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area