Exciting off-market property in Pine Valley, CA that I believe could be a great investment opportunity. Please find the attached inspection report for detailed information on the property’s condition.
Property Details:
- Address: 8121 Pine Blvd, Pine Valley, CA 91962
- Price: $825,000 (estimated)
- Type: 3 Bedrooms, 2 Bathrooms, 2-Car Garage
- Year Built: 1974
Inspection Highlights:
- Roof & Flashings: The roof is near or past its service life with multiple areas of shingle damage, missing drip edge flashing, and substandard tar flashing – replacement or extensive repairs are recommended by a qualified roofing contractor.
- Gutter & Drainage: No roof drainage system is installed; adding gutters is advised to prevent moisture issues around the foundation.
- Exterior & Siding: Wood siding exhibits damage and signs of moisture deterioration, suggesting that repair or replacement in affected areas is needed.
- Stairs & Railings: Several safety hazards were noted with the stairs and porches, including improperly constructed stairs, missing or wobbly handrails, and unsafe guardrails.
- Windows: The property features dated, single-pane windows that may require upgrading for improved efficiency and safety.
- Electrical & Safety: The electrical panel shows issues such as double-tapped breakers, missing cover plates, and insufficient GFCI protection. Additionally, smoke and carbon monoxide detectors are absent, which raises safety concerns.
- HVAC & Plumbing: The forced air heating/cooling system is outdated and overdue for servicing, while the water heater lacks a proper drip leg and has a too-short TPR drain line.
- Crawl Space & Pest Concerns: Limited crawl space access revealed evidence of rodent activity, indicating that further evaluation and remediation may be necessary.
- Balcony with a View: Enjoy a beautiful view from the balcony, adding both aesthetic appeal and potential lifestyle benefits.
This property is attractively priced at the lower end of the market and works great for both flipping or as a rental. With these key inspection findings in mind, there’s significant potential for improvement and value enhancement.
If you're interested or would like more details, feel free to reach out. I’d be happy to discuss this opportunity further or schedule a showing.