Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 90024 | $698,000 Flip Analysis — FlipScout
Ask
$698,000
$786/sqft
Bid $
$423,222
Max bid / MAO
Room
~$274,778 over max bid · 39% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$29,640
$33/sqft
ARV
$592,804

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 $ $423,222 · Ask $698,000

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 sqft888 sqft
ARV$592,804
List− $698,000
Rehab− $29,640
Gross profit$-134,836

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 90024

Street locked · 90024 · CONDOS $485,000 · 860 sqft
Street locked · 90024 · CONDOS $535,000 · 778 sqft
Street locked · 90024 · CONDO $580,000 · 771 sqft

Net pro forma

Includes closing costs & 4.53-month carry

Buy closing (2%)$13,960
Holding carry$28,984
All-in capital$770,585
Sell costs (6%)− $35,568
Net proceeds$557,236
Net profit $-216,985
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab:

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: $29,640
Renovation Budget (estimated) $29,640

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
40/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
60/100
25% weight
condition
50/100
15% weight
Beds
2
Baths
2.0
Sqft
888
Zip
90024

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