Represented the Buyer
825 Calle Cedro
825 Calle Cedro
A single-story ranch home on a cul-de-sac lot of just over a third of an acre, 825 Calle Cedro offers six bedrooms and five baths across approximately 2,307 square feet, plus a separate unit with its own entrance. At the time of sale the property was operating as a licensed residential care facility, which narrowed the buyer pool considerably.
Gary Jacobs represented the buyers. The home was listed at $835,000 and closed on February 14, 2020 at $750,000 — $85,000 under asking, or 89.8% of list price. After 85 active days on market with no accepted offer, the strategy was patience: hold the number, document the condition and the tenancy, and let time do the negotiating.
Highlights

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The Listing Everyone Else Skipped
Our Strategy & Approach
This was a property most buyers walked away from: six bedrooms, five baths, a tenanted care operation and a third of an acre on a cul-de-sac. We saw the upside, tracked the listing for weeks while it sat, and made a disciplined offer once the sellers had run out of alternatives. It closed eighty-five thousand dollars under asking.
Negotiated
K
Below Asking
Active Days
On Market
Purchased At
% of List Price
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