DISCOUNT + DISTRESSED DEALS
*** AVAILABLE for ASSIGNMENT of CONTRACT ***
SUMMARY
CLICK LINK --> for Several development/exit strategies for this versatile lot! Buyer to verify to their satisfaction.
Option A: Standard fix and flip with comparables conservatively sold at $550k (ARV w/ SqFt adjustment shows high 500s).
Option B: Option A plus short-plat and add a DADU.
Option C: Scrap existing home and newly construct up to 2 dwellings with ample room left for yards.
Existing layout of structures makes driveway along East (left side facing home) parcel line most feasible, with plenty of room for parking for both homes.
PROPERTY INFO
Address: 111 4th Ave SW, Pacific, WA 98047
Beds: 3
Baths: 1
SqFt: 1,670
Year Built: 1923
Parking/Garage: ~800 sqft Detached Garage
Lot Size: 0.38 Acres (16,500 sqft)
Sewer/Septic: Sewer
KING COUNTY PARCEL INFO
PRICE
Sales Price: $350,000
Est. Rehab: $70/SQFT = $116,900 (see below for recommended value-add opportunities)
ARV: $550,000-595,000
***VALUE-ADD OPPORTUNITIES***
Option A: If strictly flipping, consider the following in your interior SOW:
- Moving Entry Door to adjacent wall would improve first impression.
- Floors are un-level throughout, with most sloping towards the center of the house (approx. back wall of kitchen).
- Flow throughout home needs to be re-imagined to make bathroom(s) and closets available to all bedrooms (e.g. adding hallway).
- Primary bathroom required by comps.
- Create open-concept kitchen by removing walls separating living room/current dining.
- Second/Third bedrooms need closets re-configured.
- Take advantage of vaulted ceilings.
Option B: Depending on County permitting, work short platting and front home remodel in parallel to be able to re-list while beginning construction on second home.
Option C: Builder expertise needed to perform feasibility of demolishing all structures, short plat/sub-divide to build 2+ new dwelling units.
ACCESS + TIMELINE
- For Access or more info: Call/Text Serena @ (206) 823-9793
- Walk-Through Date/Time: TBD
- Closing: January 30, 2026
*** ASSIGNMENT of CONTRACT ***
BROKERS / AGENTS / REALTORS:
If you are currently working with a client, and wish to receive a commission, please note that the wholesale/assignment price does not include your commission. You may want to negotiate a commission with your client separate from the wholesale price or you may adjust the wholesale price upwards to include your commission.
DISCLAIMER:
The above and all homes listed herein are owned by Seller/Assignor ('Seller' herein) or under contract with only selling the rights to the equitable interest in the property. Seller/Assignor is in the business of acquiring properties and selling wholesale to investors or end users. Properties are acquired through a variety of sources. The price is net to the seller and the buyer to pay all escrow fees, title policy, owner's policy, and HOA fees to close. These costs do not include back-due fees, violation fees, notary fees, liens, or commissions.
All properties are sold in AS IS condition. Seller makes no warranty of any kind, expressed or implied, regarding anything about the property. Although it should be accurate, it has been known to produce varying information on occasion. The Seller is not held liable for any information released to the buyer from any source referenced for the buyer's convenience. Buyer must do your own due diligence, evaluation and inspection prior to making an offer.
Determining value is the buyer's responsibility. Seller strongly recommends buyers employ an Investment Realtor to help determine value. Any reference to the value of a property by the Seller or any representative of the Seller is an opinion of value. Everyone has a differing opinion on value, cost of construction, materials, quality of workmanship and market speculation. Value is ultimately the buyer's responsibility and they should be diligent in determining market value.
Seller of this property either owns or has equitable contractual interest in the properties marketed and may not be able to convey title to the property. All properties Subject to errors, omissions, deletions, additions, cancellation and are sold as is, where is with absolutely norepresentations written or oral. Buyer is to do their own independent due diligence. Buyer to verify all material facts including square footage. Property will not be considered under contract until signed contract and deposit received with all contingencies removed. Sales price is net to seller.
We are experienced real estate investors in, WA State and specialize in discount & distressed on/off-market properties.