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119
Hot
Santa Monica, Los Angeles County, CA
Investment candidate — Short Sale + 193d on market + $698K upside
Single Family Active
Address: ███ ██████ Single Family 🔓 Unlock the exact address — sign up free
Asking Price
$1,499,000
Est. ARV · Mid-Range
$2,196,875
698K upside
Margin
+32%
to ARV
ARV — Comparable Closed Sales (Last 90 Days)
$1,094,116 to $3,344,483
Est. ARV · Mid-Range: $2,196,875
Based on 3 recent arm’s-length closed comps · most recent close Aug 2026 · Medium confidence · $1074–$3282/sf · data refreshed Sep 14, 2026

The sell-side ARV estimate ($1,981,374) is what the listing implies — verify it against these recent closed comps before you offer. This range is the average of arm’s-length closed sales, not the high comp.

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Hold / BRRRR mathYour numbers, not ours — every input below is editable.

Many Inland Empire deals do not cash-flow at acquisition — at a standard 25% down, DSCR often lands well below the ~1.0–1.2 lenders want, and closing that gap takes a much larger down payment. BRRRR here is a forced-equity and capital-recycle play: buy with enough ARV cushion that the refinance pulls your capital back out. It is not day-one yield.

Why offer first? Tie it up with contingencies, then walk it — your due-diligence window protects your exit. Read the full strategy →
Why this scored
Short Sale HIGH urgency

Lender approval required — seller owes more than the home is worth.

Verify: Lender approval timeline, deficiency waiver, and whether a BPO is already on file.

short sale LOW urgency

Elevated seller-motivation signal detected by the scoring pipeline.

Verify: Discuss with the broker before submitting an offer.

bank LOW urgency

Elevated seller-motivation signal detected by the scoring pipeline.

Verify: Discuss with the broker before submitting an offer.

tenant LOW urgency

Elevated seller-motivation signal detected by the scoring pipeline.

Verify: Discuss with the broker before submitting an offer.

Risks to verify

High motivation does not mean low risk. Confirm each item below before submitting an offer.

Short Sale financing
Lender approval required — expect 60–120 day timeline. Cash-equivalent offers preferred.
Title and liens
Standard due diligence — pull preliminary title before submitting an offer.
Permit history
Not verified — check city records for unpermitted additions, conversions, or pool/ADU work.
Property Details
Beds / Baths
2 bd / 2 ba
Sq Ft
1,019
Lot Size
2,990 sf
Year Built
1922
Days on Market
195
Price / SF
$1471
Listed
Mar 5, 2026
Status
Active
About this listing

From the listing agent · personal contact info removed

SHORT SALE ... BANK ACCEPTED $2,042,000. UNDER CONTRACT BUT BUYER FALLING OUT. SEND OFFER IN ASAP. North of Wilshire and one block south of Montana Ave in the Franklin School District, this beautifully renovated 2 bed, 2 bath Santa Monica bungalow offers modern California living with hardwood floors, an open floor plan, updated kitchen, and large sliding doors leading to a private backyard for ideal indoor/outdoor living. Close to Montana Ave dining, shopping, and Santa Monica amenities. SHORT SALE IS LENDER APPROVED.
Property

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ARV = After-Repair Value — the estimated resale value after renovation. Margin = (ARV − asking) ÷ ARV, shown on every deal card; your rehab and holding costs come out of it.

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