2412 Bay Ave, Ocean Park, WA 98640 Assigned

  • $65000
  • 2 beds
  • 1 baths
  • 728 sqft

๐Ÿ‘‘ Coastal Property with Multiple Exit Strategy Opportunities โ€“ Zoned R3! ๐Ÿ‘‘

 

Price: $65,000

ARV: $189,000

Estimated remodel cost: $25,000 – $45,000

 

Address: 2412 Bay Ave, Ocean Park, WA 98640

 

2 bed | 1 bath | 728sqft |Built in 1989

0.19 Acres

R3 Zoning – use as full time residence or vacation rental!

Great location close to beaches & public transportation to easily go into Long Beach Peninsula

Single wide manufactured home on real land

Separate poll barn/garage converted into living space previously used as a salon

Secluded backyardย  & wooded deck

Garage & carport *last photo was prior to diminished condition

Public water and septic

 

Possible exit strategires:ย 

  1. Fix up manufactured and resell
  2. Flip and use as rental (short or long term) – zoned R3
  3. Remove manufactured and replace with multifamily or another mani

 

Comps:

  1. 27529 U Street, Ocean Park, WA 98640 – sold on 8/2/24 for $198,000 – 2 bed 1 bath 938 sqft – built in 1978

  2. 2201 268th Ln, Ocean Park, WA 98640 – sold on 7/23/24 for $220,000 – 2 bed 1 bath 784 sqft – built in 1965

 

Closing date: 1/22/25 โ€“ Cash and hard money only, 10,000 EM deposit upon mutual acceptance. Buyer to pay closing costs.

Please contact us via DM or call if you have any other questions (503) 404-4532.

 

Cash or hard money only, price is net to seller, buyer pays all closing costs, property sold in as-is condition, buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. Wholesale King does not allow for buyers to reassign or sell to a third party prior to close.ย Opinion of value and breakdown spreadsheet is given as a courtesy only as seller makes no guarantees or warranties, express or implied, as to the value, condition, remodel cost, and/or any costs or fees associated with selling or investing in this property. Members of selling entity are real estate licenseeโ€™s in the State of Oregon and Washington. Real Estate Licensee and/or associated brokerage are not acting in any role as real estate broker or as a brokerage of this transaction. No brokers are receiving compensation as part of this Agreement and are not representing any party.ย 
Price:
$65000
Address:
2412 Bay Ave
Ocean Park, WA 98640
Square Feet:
728
Lot Size:
0.19 Acres
Bedrooms:
2
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Manufactured
Year Built:
1989

Call (503) 404-4532 for more details

Property Location