Flip report generated Dec 4, 2024
The Flip Potential of
8852 Newcastle Ave Northridge, CA
is medium.
Current Specs
Multi-Family
2 Units
4 Bed / 3.5 Bath
2,410 sqft
$700 per sqft
Estimated Value$1,688,000
Flip Advice
This property at 8852 Newcastle Ave in Sherwood Forest, CA, has been fully renovated with high-end finishes and a permitted ADU, which boosts its appeal. With a current valuation of approximately $1.69M and a competitive price per square foot, it stands well against comps in the area, which reflect strong market activity and prices averaging around $1.8M for similar properties. However, given its recent renovations, the potential for a high ROI through flipping may be limited.
If you're considering selling, capitalizing on its renovations is advisable. Highlight the luxury features and the ADU when marketing, as these are attractive to buyers. For a flip, focus on minor enhancements or landscaping to increase market appeal without heavy investments. The property is in a desirable neighborhood, so positioning it correctly could yield favorable offers.
What's Next?
Generate another report to compare more investment options.
Generate the Rent Potential of this home.
See what you could rent for based on similar properties.
Search for another property
Enter any address...
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.