360 Rockingham Ave Brentwood CA: An in depth take 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 look at its present standing, whether or not on the market or hire, and its asking value or rental fee. A complete comparability with comparable properties within the space will present beneficial context, highlighting current market tendencies and general situations.
Property Particulars
This property, situated at 360 Rockingham Ave, Brentwood, CA, presents a compelling alternative for discerning consumers 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 measurement, facilities, and site, considerably affect its enchantment and market worth. Analyzing these elements gives a deeper understanding of the property’s general value and its place within the native actual property panorama.
Property Description
This upscale residence boasts a major location within the prestigious Brentwood neighborhood. It options fashionable design parts and high-end finishes. The spacious structure is ideal for snug dwelling, whereas the fastidiously curated options spotlight the property’s enchantment. 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 houses, and upscale facilities. The neighborhood is characterised by a mixture of single-family houses and unique residences. The realm gives handy entry to a big selection of providers, together with glorious colleges, purchasing facilities, and leisure amenities. Native parks and inexperienced areas contribute to the neighborhood’s enchantment. 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 thought for its high-end properties and powerful demand. Current tendencies present constant appreciation in property values, reflecting the world’s desirability and restricted stock.
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This evaluation examines current gross sales and rental knowledge to offer a clearer image of the present market context for comparable properties within the space.
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Comparable Gross sales Knowledge
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 akin to value, bedrooms, and bogs.
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| Tackle | Value | 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: Knowledge for comparable properties is predicated on current gross sales inside a 1-mile radius of 360 Rockingham Ave. Data was sourced from dependable actual property databases. Variations in lot measurement, facilities, and situation could affect pricing.
Current Market Developments
Current market tendencies in Brentwood, CA, spotlight a constant upward trajectory in property values. Components contributing to this embrace sturdy demand, restricted stock, and the world’s desirability. Rental charges have additionally skilled a rise, reflecting the market’s tight provide. This means a powerful general 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 sometimes ends in aggressive pricing and a positive marketplace for sellers. The sturdy desirability of the world coupled with its restricted stock creates a strong marketplace for premium properties. Patrons ought to be ready to behave shortly 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 business 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 functions of this property, from high-end residential conversions to profitable business ventures.
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This in the end influences the general market worth of the property at 360 Rockingham Ave.
We can even look at the potential funding returns, the related dangers, and supply a structured comparability of varied use circumstances. 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 measurement and status location recommend a high-end, multi-family or single-family residence possibility. Potential renovations and upgrades may yield a major return on funding. Consideration ought to be given to market demand for comparable properties within the space.
Potential Industrial Makes use of
The property’s visibility and accessibility make it appropriate for quite a lot of business makes use of. Retail house, a high-end workplace, or an expert service facility may thrive on this location. Cautious market analysis is required to find out the optimum business 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 business improvement. A complete evaluation of comparable properties, present market charges, and potential renovation prices will probably be essential.
Potential Rental Revenue
Potential rental earnings relies upon closely on the chosen use. Excessive-end residential items would command greater rents in comparison with business areas. Rental earnings projections ought to be primarily based on present market tendencies and comparable properties.
Potential Challenges
Acquiring obligatory permits and approvals for renovations or conversions could be time-consuming and complicated. Competitors from different builders and unexpected challenges through the development section must also be thought of. Excessive-end development prices and potential delays can affect the timeline and finances.
Abstract Desk
| Residential | Industrial | Funding | Challenges |
|---|---|---|---|
| Excessive-end, multi-family or single-family houses; potential for vital ROI | Retail, workplace, or skilled service facility; potential for regular earnings | Excessive-end improvement, doubtlessly excessive ROI; cautious evaluation required | Allowing, development prices, potential delays, market fluctuations |
Closing 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 varied 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, hire, or vacant, will probably be explicitly said within the report.
What are the comparable properties within the space?
A desk will listing comparable properties, together with handle, value, bedrooms, and bogs, permitting for direct comparisons.
What are the potential funding alternatives?
Potential funding alternatives, akin to ROI or rental earnings, will probably be explored and quantified, primarily based on market knowledge.
What are the challenges related to proudly owning/renting this property?
Potential challenges, akin to regulatory restrictions or neighborhood dynamics, will probably be brazenly mentioned.
What are the native facilities and colleges close to the property?
Data on native facilities, colleges, and transportation choices will probably be included within the report.
