For those who want to build out a project your way, have I got a deal for you!
The architect drew up plans for a 3br/3.5ba house plus a 1br/1ba granny flat, and they just needs the finishing touches. Last sale nearby was 7503 Solano St for $975,000 in June.
Will not qualify for conventional financing – no kitchen or baths currently:
Youtube walking tour here:
The address is 7516 Brava St., Carlsbad, listed for $699,000.
Call or text Jim today! (858) 997-3801
I cannot help but offer some advice here;
Might be a better idea to stop the work. There is zero outdoor connection, that should be illegal in Southern California.
Move the living space to the back and replace oversized bath with a new kitchen. If a granny flat is a must move it upstairs and give its own entry from the stairs at the front. Add a new staircase to the back for the main residence.
Mozart!! Good to hear from you again.
The likely buyer will be a flipper who just put it back together and sell it for 850-900.
In Carlsbad there are probably more granny flats upstairs (done by the original builder). But granny doesn’t like those stairs.
As a guy who doesn’t look at many ‘fixers’ can you explain what happened here Jim? How did this house come to be in this condition? To my eyes it doesn’t look like a new construction or a trash out either.
Also curious about the big piles of rubble in the center of the floor.
The homeowner lost confidence in the contractor hired to complete the whole project.
I first met the seller in April, and he had inherited the home. It was complete then, but dated and the granny flat needed some re-design.
We agreed that an update would take 2-3 months, and then we could sell it in the mid-$900,000s, mostly due to the benefit of having an new, attached granny flat.
Six months later, and all we have is demo.
My contractors were booked out, so he went with his people.
JtR,
Been avidly following the blog, great info as always.
Maybe Granny doesn’t like those stairs but still good for a home office where people don’t have to walk through the house to meet you, or, a soft landing for that newly minted college grad just returning home.