Listing photoAnaheim, CA 92805 · MLS PW26196905
"Probate rules for sale are in place, Sold as-is."
122 S West St is a 1-bedroom, 1-bath home in Anaheim, California listed at $988,800 with 545 square feet, built in 1912. The seller is asking for cash or hard money, so it is priced here on our fix and flip loan: an investor with 1 to 2 completed projects and a 740 score puts 10% down ($98,880), we fund the $90,000 renovation estimate in draws, and the loan closes in 2 weeks. The down payment steps with experience, credit and the size of the renovation. A California buyer can also close in 3 days with 35% down and no appraisal. See every hard money opportunity in California or our California hard money lending page.
From the listing. Great opportunity for someone to put some TLC and have instant equity. Probate sale (does not need court approval). Duplex in the Heart of Anaheim - Each of the two units offers a generously sized two-bedroom floor plan, approximately 1,000 square feet per unit. Minutes from Disneyland.
Preset with the list price and our rough renovation estimate. Change your score, your experience, the budget or the after-repair value and the numbers below move with them. Nothing is pulled and nothing is saved.
| Item | Option 1: 35% down | Option 2: 10% down |
|---|---|---|
| At closing | ||
| Qualifies as entered | Yes | Yes |
| Buyer down payment | $98,880 (10%) | $346,080 (35%) |
| Loan at closing | $889,920 | $642,720 |
| Cosmetic renovation, rough estimate* | We fund $90,000 | Buyer pays $90,000 |
| Total loan | $979,920 | $642,720 |
| Rate, interest only | from 9.25% | 10.5% |
| Points | 1.5 ($14,699) | 1.5 ($9,641) |
| Appraisal | Required | None |
| Estimated monthly interest | $7,554 at full draw | $5,624 |
| Cash to close, rough estimate | $117,969 | $355,721 |
Rough estimates at the list price of $988,800 for a 740 score and 1 completed project. This is not a commitment to lend.
*Every figure on this page is a rough estimate. The renovation budget is a super rough placeholder at $45 per sq ft, not a bid or an inspection; get your own contractor numbers before you offer. Indicative estimate for discussion, not a commitment to lend. Business-purpose loans to investors only; final terms are set at submission. Fix and flip loans are sized on an appraisal and must stay under 75% of after-repair value. 10% down is for experienced investors; first-time flippers put 20% down. The no-appraisal option is available in major California markets. Fix and flip fees include administration, documents, legal, draw inspections and servicing. Title, escrow and taxes are not included.
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Hard money welcome"Property needs work and is being offered cash only."
Investor special"Priced aggressively to reflect its current condition, this property is being sold strictly AS-IS."
Get pre-qualified in one call and write your offer with the financing already lined up.
