Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 90802 | $459,000 Flip Analysis — FlipScout
Ask
$459,000
$587/sqft
Bid $
$347,964
Max bid / MAO
Room
~$111,036 over max bid · 24% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$82,645
$106/sqft
ARV
$408,018

Clearance (C) — bid physics. C = Bid $ ÷ Ask. We don't mint fake CLEARS. CLEARS · BID TARGET · WALK

Free: tape numbers + 3 Bid Checks/mo. Pro $15/mo: unlimited Bid Checks · streets + Deal Architecture.

Deal Architecture · Pro

Bid $ $347,964 · Ask $459,000

Walk-away max bid is free above — same math as the Bid/Pass Tape. Live waterfall, health, controls, and rehab bands unlock with Pro. We do not show a hollow OUR EDGE with empty dashes.

Flip math

Value-add ARV

ARV = adjusted list + (rehab × 1.5) · zip avm

Implied ARV $/sqft
Subject sqft782 sqft
ARV$408,018
List− $459,000
Rehab− $82,645
Gross profit$-133,627

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 90802

Street locked · 90802 · CONDOS $425,000 · 818 sqft
Street locked · 90802 · CONDOS $599,000 · 845 sqft
Street locked · 90802 · CONDOS $780,000 · 846 sqft

Net pro forma

Includes closing costs & 3.98-month carry

Buy closing (2%)$9,180
Holding carry$19,761
All-in capital$570,586
Sell costs (6%)− $24,481
Net proceeds$383,537
Net profit $-48,955
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $82,645

Baseline notes

Investor scope checklist

  • Kitchen cabinets/counters are primary value-add
  • Flooring and paint drive resale perception
  • Exterior curb appeal strongly impacts ARV
  • Mechanicals assumed functional; verify on inspection

Renovation budget

Total: $82,645
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (782 sqft × $3.00) $2,346
Flooring — Hardwood Refinish (782 sqft × $4.50) $3,519
Contingency (15%) $10,780

Rehab from historical Condition Tier $/sqft band × subject sqft — not vision-invented GC quotes. Verify with a licensed contractor before closing.

Neighborhood & Apex

Trajectory: Stable

No enrichment data.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
15/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
60/100
25% weight
condition
50/100
15% weight
Beds
2
Baths
1.0
Sqft
782
Zip
90802

Assigns Condition Tier 1–4 from listing photos (gut / heavy / cosmetic / turnkey). Rehab $ comes from historical tier bands — not photo guessing. Usually ~30–90s.

Similar flips

Same zip or nearby price band — Bid/Pass Tape rows

← Bid/Pass Tape