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I am interested in the below property. Send them my property page Send Property

San Francisco Bay Area Land

Property Type: Land - Residential

Last Updated: 2/23/2010 9:55:09 PM EST
Property # 27401

Location:

Belmont, California 94002 USA

View Address On Mapquest

Value:
Loans:
Equity:

$980,000
$0
$980,000

Property Description:
Absolutely amazing 1.64 acre lot in the middle of the Bay Area Peninsula with killer bay views. This lot is debt free and was recently appraised at this value on 10/5/09.
Benefits to New Owner:
Own a piece of real estate in the heart of the San Francisco peninsula. My value is based on a real number -- a conservative appraisal done in October 2009.

General Information

Development Type: Residential

Utilities Available

Water	Yes	Gas	Yes
Sewer/Septic	Yes	Phone	Yes
Storm	No	Cable	Yes
Electricity	Yes	Other

Land Comments

Land is right in the middle of an established subdivision. Adjacent house was last appraised at $2,200,000 and on piece of land that is less than 1/4 the size of this lot.

Annual Income & Expense
	Per/Year	% of G.I.	Projected/Year
Gross Operating Income	$0	100%
Operating Expenses (-)	$0	0%
Net Operating Income (=)	$0	0%
Loan Payments (-)	$0	0%
CASH FLOW (=)	$0	0%

Loans

No information found.

Loan Comments

Seller willing to provide financing with either cash down payment or debt-free property as down payment.

Additional Information Available Upon Request

Appraisal available (Approx. Date 10/2009)

Can Adds

	Property Type	Value	Loans	Equity	Cash Flow (Yr.)
1	Land/Residential	$1,800,000	$250,000	$1,550,000	$0
2	Residential Income/House(s)	$600,000	$150,000	$450,000	$0
	CAN-ADD TOTALS	$2,400,000	$400,000	$2,000,000	$0

Click to view Other parties that may want what you have based on a computer match from the property records data

Owner's Profile
Occupation Investor Name Please Sign In or Register to view owner information.
Why Owner No Longer Wishes to Own This Property
The investment is too passive (need more action/opportunity) Want to activate a nonproductive asset

Owner Comments and Benefits desired from Exchange

Activate passive equity in the form of either an income property, debt-free house that can be rented, or a performing note.

Will Consider Exchanging For

Commercial: Factory Outlet, Mall, Medical, Office, Resort, Retail, Shopping Center, Strip Center, Vacant, Other
Industrial: Manufacturing, Mini Storage, R & D, Vacant, Warehouse, Other
Residential Income: Apartments, Condo(s), House(s)
Personal Property: Cash, Notes / Paper

U.S. Locations
Map
States/Regions:

Regions: 'WEST'

Property Represented By

Click Here to contact the Owner or Agent representing this property.

REE.com Inc. has not verified the above property information and therefore does not guarantee or warranty any information contained herein. It is your responsibility to seek independent assistance for legal, tax, financial and physical inspections. All information submitted is subject to errors, omissions, change of price/value, withdrawal and to any special listing conditions imposed by the principals.