800 Minnesota Ave, Brentwood, California 94513, Brentwood, 94513 - 3 bed, 1 bath

800 Minnesota Ave, Brentwood, California 94513 home-pic-0

800 Minnesota Ave

Brentwood, California 94513

ACTIVE
CONDITION: TEAR DOWN
3Beds
1Baths
955Sq Ft
108,900Lot Size

Property Price

LIST PRICE$5,700,000

SUMMARY

Analysis of 800 Minnesota Ave, Brentwood, California 94513 is currently available with a list price of $5,700,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Brentwood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Condition Analysis

OVERALL CONDITION SCORE

Tear down
TeardownExcellent

Property is land value only, full reconstruction required.

The property was built in 1940, making it over 80 years old. The listing description explicitly markets the property for 'OUTSTANDING Residential Development Potential' across 14.07 acres, and the property analysis notes 'Existing Structure & Demolition Costs' as a weakness. There are no interior images or details about the condition of the 955 sqft house, kitchen, or bathroom, strongly indicating that the existing structure is not considered an asset and is intended for demolition. The value is solely in the land for redevelopment.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 108900, living area = 955.

  • Exceptional Development Potential

    The property is explicitly marketed for 'OUTSTANDING Residential Development Potential' across two parcels totaling 14.07 acres, ideal for creating a new, unique neighborhood.

  • Substantial Land Area

    A significant 14.07-acre land parcel offers ample space for a large-scale residential project, allowing for diverse housing types and community amenities.

CONSRISKS & DEFICIENCIES

  • High Initial Investment

    The list price of $5.7 million represents a substantial upfront capital requirement for a development project.

  • Existing Structure & Demolition Costs

    The presence of a 1940-built, 955 sqft residence implies demolition or significant renovation costs, adding to the overall development budget.

  • Mandatory Combined Sale

    The requirement that 'The front parcel must be sold with the back' limits buyer flexibility and necessitates the acquisition of the entire 14.07-acre site, potentially narrowing the pool of interested developers.

About 800 Minnesota Ave

OUTSTANDING Residential Development Potential. Two lots totaling 14.07 acres +/- combine to create a potentially new and beautiful unique neighborhood. The three different Creekside accesses along the periphery exhibit exclusive upscale island potential. There are planned trails. The Minnesota Ave access is close to schools, one mile from Streets of Brentwood and the Hwy 4 ByPass. Call for appointment to access/no access without agent. The front parcel must be sold with the back.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1940
Lot Size
108,900 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
44%
Baths1.03.0
2%
Square foot9552,242
1%
Lot Size108,9006,508.5
97%
Price$5.70M$767.5K
100%
Price per sq ft$6.0K$344
100%
Built year19402002
1%
HOA$0$0
50%
Days on market689178
0%

Pricing History

Listed for Sale

Apr 17, 2024

$5,700,000

Initial Listing

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