The Flip Potential of 5014 Lotus St San Diego, CA🏡 is medium.
Current Specs
Multi-Family
4 Units
9 Bed / 6 Bath
3,376 sqft
$572 per sqft
Estimated Value$1,930,155
Flip Advice
This multi-family property in North Ocean Beach, San Diego, boasts 9 beds and 6 baths with a substantial square footage of 3,376. The neighborhood has a median listing price of around $1.5M, indicating strong demand. However, the property's age (built in 1952) and current condition suggest it may require significant renovations, impacting immediate flip potential.
Consider minor updates or cosmetic fixes to enhance curb appeal and attract buyers while keeping renovation costs manageable. Given the neighborhood's desirability, even small improvements could yield a favorable return. Market research indicates that similar properties have higher valuations, suggesting potential for profit if executed wisely.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 5014 Lotus St: