Residential
Houses and small multifamily
- Tired landlords, inherited, behind on payments
- Fixers welcome, any condition
- Subject-to, seller carry, wraps
- As is, at the seller's speed
Land
Lots we can split or map
- Infill lots up to 1.5 acres in single-family zones
- Multifamily-zoned lots up to 5 acres
- Lots of 8,000 sf or more with a small or tired house
- A clear path to 3 or more sellable units
Markets
Land
- San Jose, Santa Clara County and the Bay Area
- SB 9, SB 684, SB 1123 and condo map paths
Residential
- Case by case. The deal has to cash flow on terms
Financial criteria
15%Margin after all costs, land
2008 testEvery deal must survive a 2008-style drop
3+Sellable units per land deal
Cash flowPositive every month on terms, residential
Submit with
- Address and asking price
- Rent roll and trailing 12-month P&L (income property)
- Lot size and current use (land)
- Is the seller open to creative terms? (Y/N)
Also welcome
- Off-market and direct-to-owner deals
- Broker listings
- Distressed and underperforming property, incomplete records
We read the dirt, the utilities and the zoning before we offer, so our offers hold. Complicated property is the specialty: lot splits, ADUs, permits and utility fights.
Submit a deal
Send the basics. We reply by email with a yes, a no, or the questions we need answered. No fee to submit.
Excalibur Builders buys for its own account. Construction is performed under CSLB License 1037968. Every number above is a starting screen, not an offer. Each deal is underwritten on its own facts.