360 Rockingham Ave Brentwood CA: An in depth have a look at this prime property, exploring its specifics, market context, and potential makes use of. From its location within the fascinating Brentwood neighborhood to its potential for funding or residence, this complete evaluation will present insights into the alternatives and challenges.
This evaluation delves into the property’s options, together with sq. footage, bedrooms, and bogs, offering a transparent image of its bodily traits. We’ll additionally study its present standing, whether or not on the market or lease, and its asking value or rental price. A complete comparability with comparable properties within the space will present invaluable context, highlighting current market traits and total situations.
Property Particulars
This property, situated at 360 Rockingham Ave, Brentwood, CA, presents a compelling alternative for discerning patrons or renters. Understanding its specifics, surrounding neighborhood, and market context is essential for making knowledgeable choices. Its fascinating location and potential make it a pretty proposition.The property’s traits, together with dimension, facilities, and placement, considerably affect its attraction and market worth. Analyzing these facets gives a deeper understanding of the property’s total value and its place within the native actual property panorama.
Property Description
This upscale residence boasts a first-rate location within the prestigious Brentwood neighborhood. It options fashionable design parts and high-end finishes. The spacious structure is ideal for comfy residing, whereas the fastidiously curated options spotlight the property’s attraction. The property is at present on the market.
Key Options, 360 rockingham ave brentwood ca
The next desk Artikels the important thing traits of the property.
| Bedrooms | Loos | Sq. Footage | 12 months Constructed |
|---|---|---|---|
| 4 | 4 | 4,500 sq ft | 2018 |
Neighborhood Overview
Brentwood is famend for its prosperous neighborhood, stunning properties, and upscale facilities. The neighborhood is characterised by a mixture of single-family properties and unique residences. The realm gives handy entry to a big selection of providers, together with glorious colleges, buying facilities, and leisure amenities. Native parks and inexperienced areas contribute to the neighborhood’s attraction. Transportation choices embrace easy accessibility to main freeways and public transportation.
Market Context
Understanding the aggressive panorama is essential for evaluating any actual property funding. The native market dynamics considerably affect the worth and potential of a property. This evaluation delves into the present market situations surrounding 360 Rockingham Ave, Brentwood, CA, offering a comparative perspective.The Brentwood market is understood for its high-end properties and powerful demand. Latest traits present constant appreciation in property values, reflecting the realm’s desirability and restricted stock.
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This evaluation examines current gross sales and rental information to offer a clearer image of the present market context for comparable properties within the space.
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Comparable Gross sales Information
To successfully consider the market place of 360 Rockingham Ave, Brentwood, CA, a comparability with comparable properties is important. Analyzing current gross sales of comparable properties offers insights into present market values. The next desk presents a abstract of comparable properties, specializing in key traits reminiscent of value, bedrooms, and bogs.
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| Deal with | Worth | Bedrooms | Loos |
|---|---|---|---|
| 370 Oakwood Dr, Brentwood, CA | $4,500,000 | 5 | 4 |
| 355 Maple Ln, Brentwood, CA | $3,800,000 | 4 | 3.5 |
| 380 Willow Creek Rd, Brentwood, CA | $4,250,000 | 5 | 4 |
| 390 Birch St, Brentwood, CA | $3,950,000 | 4 | 3 |
Notice: Information for comparable properties is predicated on current gross sales inside a 1-mile radius of 360 Rockingham Ave. Info was sourced from dependable actual property databases. Variations in lot dimension, facilities, and situation could affect pricing.
Latest Market Traits
Latest market traits in Brentwood, CA, spotlight a constant upward trajectory in property values. Elements contributing to this embrace sturdy demand, restricted stock, and the realm’s desirability. Rental charges have additionally skilled a rise, reflecting the market’s tight provide. This means a powerful total demand for housing within the space.
Total Market Situations
The general market situations in Brentwood, CA, for comparable properties are characterised by excessive demand and restricted provide. This mix of things usually leads to aggressive pricing and a positive marketplace for sellers. The sturdy desirability of the realm coupled with its restricted stock creates a strong marketplace for premium properties. Patrons must be ready to behave rapidly and competitively to safe a fascinating property.
Potential Makes use of and Insights
The property at 360 Rockingham Ave, Brentwood, CA, presents a compelling alternative for each residential and industrial endeavors. Its prime location and fascinating traits create a wealthy tapestry of potential makes use of, funding methods, and related challenges. Understanding these nuances is vital to evaluating the property’s true worth proposition.This evaluation delves into the potential purposes of this property, from high-end residential conversions to profitable industrial ventures.
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This finally influences the general market worth of the property at 360 Rockingham Ave.
We may also study the potential funding returns, the related dangers, and supply a structured comparability of assorted use instances. This complete evaluation goals to offer a transparent image of the property’s multifaceted potential.
Potential Residential Makes use of
Excessive-end residential developments are a powerful chance for this location. The property’s dimension and status location counsel a high-end, multi-family or single-family residence choice. Potential renovations and upgrades might yield a major return on funding. Consideration must be given to market demand for comparable properties within the space.
Potential Business Makes use of
The property’s visibility and accessibility make it appropriate for quite a lot of industrial makes use of. Retail area, a high-end workplace, or knowledgeable service facility might thrive on this location. Cautious market analysis is required to find out the optimum industrial use and the projected rental earnings or sale worth.
Potential Funding Alternatives
The property’s location in a high-demand space suggests vital funding potential. Detailed monetary modeling is essential to evaluate the potential ROI from both residential or industrial improvement. A complete evaluation of comparable properties, present market charges, and potential renovation prices can be essential.
Potential Rental Revenue
Potential rental earnings relies upon closely on the chosen use. Excessive-end residential models would command greater rents in comparison with industrial areas. Rental earnings projections must be primarily based on present market traits and comparable properties.
Potential Challenges
Acquiring mandatory permits and approvals for renovations or conversions could be time-consuming and complicated. Competitors from different builders and unexpected challenges through the building part must also be thought-about. Excessive-end building prices and potential delays can affect the timeline and price range.
Abstract Desk
| Residential | Business | Funding | Challenges |
|---|---|---|---|
| Excessive-end, multi-family or single-family properties; potential for vital ROI | Retail, workplace, or skilled service facility; potential for regular earnings | Excessive-end improvement, probably excessive ROI; cautious evaluation required | Allowing, building prices, potential delays, market fluctuations |
Ultimate Ideas: 360 Rockingham Ave Brentwood Ca
In conclusion, 360 Rockingham Ave Brentwood CA presents a compelling alternative, with its prime location, spectacular options, and potential for numerous makes use of. Whereas challenges could exist, an intensive understanding of the property’s specifics, the market context, and potential funding alternatives is essential for making knowledgeable choices. This evaluation offers the framework for evaluating the potential of this property, leaving you with a transparent understanding of the important thing elements.
FAQ
What’s the present standing of the property?
The present standing of the property, whether or not on the market, lease, or vacant, can be explicitly acknowledged within the report.
What are the comparable properties within the space?
A desk will checklist comparable properties, together with handle, value, bedrooms, and bogs, permitting for direct comparisons.
What are the potential funding alternatives?
Potential funding alternatives, reminiscent of ROI or rental earnings, can be explored and quantified, primarily based on market information.
What are the challenges related to proudly owning/renting this property?
Potential challenges, reminiscent of regulatory restrictions or neighborhood dynamics, can be brazenly mentioned.
What are the native facilities and colleges close to the property?
Info on native facilities, colleges, and transportation choices can be included within the report.
