The homeowners knew the home had more potential, but needed a clear plan to unlock it.
The renovation and sale of 1266 Hill Dr in Los Angeles, CA, was led by Revive Property Advisor Jameson Hanson and Compass agent Kenya Reeves-Costa. The homeowner, a senior whose wife had passed away, faced the emotional and practical challenges of moving closer to his children in Oakland while dealing with a house in disrepair. With an investment of $147,825 fronted by Revive, the team helped guide renovations that included flooring, kitchen and bathroom remodels, and lighting enhancements to bring the property back to life. These improvements played a big part in increasing the listing value from $900,000 to selling for $1,215,000. The renovations helped secure a net profit of $167,175 for Kenya’s client and an ROI of 113.09%. This sale also resulted in a 35% increase in commission for Kenya while helping her client with his next move.
The results speak for themselves.
$900,000
As-is price
Purchase price
$147,825
Renovations
$1,215,000
Sales price
Resale price
$167,175
Profit
For illustrative purposes only. Individual results may vary. Testimonials and case studies are not intended to guarantee the same or similar results.