$2,700,000

As-is price

Purchase price

$69,809

Renovations

$3,400,000

Sales price

Resale price

$630,191

Profit

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Scope of work

Flooring, interior & exterior painting, kitchen refresh, lightings and deck repair.

Before & After

Summary

Agent Eileen Moreno of Keller Williams Realty Los Feliz, partnered with Revive Property Advisor Jon Salas, for some pre-sale renovation work needed for the sale of a trustee property located at 2245 Fern Dell Place in Los Angeles. The home, initially valued at $2,700,000, underwent a small renovation that amounted to $69,809. The improvements led to a selling price of $3,400,000, securing a profit of $630,191 for the co-trustees, Brandon and Alex. This investment yielded a ROI of 902.74% and increased the commission for Eileen by 25.93%.