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 loos, offering a transparent image of its bodily traits. We’ll additionally look at its present standing, whether or not on the market or lease, and its asking value or rental charge. A complete comparability with related properties within the space will present priceless context, highlighting latest market developments and total circumstances.
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 placement, considerably affect its enchantment and market worth. Analyzing these elements provides a deeper understanding of the property’s total price and its place within the native actual property panorama.
Property Description
This upscale residence boasts a primary location within the prestigious Brentwood neighborhood. It options trendy design parts and high-end finishes. The spacious format is ideal for comfy residing, whereas the fastidiously curated options spotlight the property’s enchantment. The property is presently 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 world provides handy entry to a big selection of providers, together with wonderful colleges, buying facilities, and leisure services. 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 circumstances surrounding 360 Rockingham Ave, Brentwood, CA, offering a comparative perspective.The Brentwood market is thought for its high-end properties and powerful demand. Current developments present constant appreciation in property values, reflecting the realm’s desirability and restricted stock.
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This evaluation examines latest gross sales and rental knowledge to supply 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 related properties is important. Analyzing latest gross sales of comparable properties gives insights into present market values. The next desk presents a abstract of comparable properties, specializing in key traits resembling value, bedrooms, and loos.
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| Handle | 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 relies on latest gross sales inside a 1-mile radius of 360 Rockingham Ave. Info was sourced from dependable actual property databases. Variations in lot measurement, facilities, and situation might affect pricing.
Current Market Traits
Current market developments in Brentwood, CA, spotlight a constant upward trajectory in property values. Elements contributing to this embrace robust demand, restricted stock, and the realm’s desirability. Rental charges have additionally skilled a rise, reflecting the market’s tight provide. This means a robust total demand for housing within the space.
General Market Circumstances
The general market circumstances in Brentwood, CA, for related properties are characterised by excessive demand and restricted provide. This mix of things usually ends in aggressive pricing and a positive marketplace for sellers. The robust desirability of the realm coupled with its restricted stock creates a strong marketplace for premium properties. Consumers 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 essential 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 industrial ventures.
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This in the end influences the general market worth of the property at 360 Rockingham Ave.
We will even look at the potential funding returns, the related dangers, and supply a structured comparability of varied use instances. This complete evaluation goals to supply a transparent image of the property’s multifaceted potential.
Potential Residential Makes use of
Excessive-end residential developments are a robust chance for this location. The property’s measurement and status location counsel a high-end, multi-family or single-family residence possibility. Potential renovations and upgrades might yield a big return on funding. Consideration must be given to market demand for related properties within the space.
Potential Business Makes use of
The property’s visibility and accessibility make it appropriate for a wide range 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 revenue or sale worth.
Potential Funding Alternatives
The property’s location in a high-demand space suggests important 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 might be essential.
Potential Rental Revenue
Potential rental revenue relies upon closely on the chosen use. Excessive-end residential models would command increased rents in comparison with industrial areas. Rental revenue projections must be primarily based on present market developments and comparable properties.
Potential Challenges
Acquiring essential permits and approvals for renovations or conversions could be time-consuming and sophisticated. Competitors from different builders and unexpected challenges throughout the development section also needs to be thought of. Excessive-end development prices and potential delays can affect the timeline and finances.
Abstract Desk
| Residential | Business | Funding | Challenges |
|---|---|---|---|
| Excessive-end, multi-family or single-family properties; potential for important ROI | Retail, workplace, or skilled service facility; potential for regular revenue | Excessive-end improvement, probably excessive ROI; cautious evaluation required | Allowing, development prices, potential delays, market fluctuations |
Last 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 might exist, an intensive understanding of the property’s specifics, the market context, and potential funding alternatives is essential for making knowledgeable choices. This evaluation gives the framework for evaluating the potential of this property, leaving you with a transparent understanding of the important thing components.
FAQ
What’s the present standing of the property?
The present standing of the property, whether or not on the market, lease, or vacant, might be explicitly acknowledged within the report.
What are the comparable properties within the space?
A desk will record comparable properties, together with deal with, value, bedrooms, and loos, permitting for direct comparisons.
What are the potential funding alternatives?
Potential funding alternatives, resembling ROI or rental revenue, might be explored and quantified, primarily based on market knowledge.
What are the challenges related to proudly owning/renting this property?
Potential challenges, resembling regulatory restrictions or neighborhood dynamics, might be brazenly mentioned.
What are the native facilities and colleges close to the property?
Info on native facilities, colleges, and transportation choices might be included within the report.
