How 3384 McLaughlin Ave created $202,485 in additional profit
Targeted updates designed to maximize value
New flooring, new roof, interior & exterior painting, baseboards & trim, new doors installation, bathrooms remodel, kitchen remodel & kitchen appliances installation, open concept-demo wall, lighting enhancements, new fence installation, and landscaping.
Before Revive
The homeowners knew the home had more potential, but needed a clear plan to unlock it.
Located in the bustling city of Manhattan Beach, seasoned agent Susan Boettner of Vista Sotheby's International Realty, boasting 26+ years of real estate experience and extensive flip expertise, embarked on a project that held a lot of promise at 3384 McLaughlin Ave, Los Angeles. Susan worked alongside Revive property advisor Jon Salas to come up with a renovation plan. Despite the property being a long-time rental with existing tenants slated to vacate by end of September, and concerns about the finishing touches on the renovation, Susan navigated the complexities alongside her Revive team. Once renovations were completed, the property's value jumped significantly, with the final sales price reaching an impressive $2,425,000, generating a profit of $202,485 and a 47.92% ROI.
The results speak for themselves.
$1,800,000
As-is price
Purchase price
$422,515
Renovations
$2,425,000
Sales price
Resale price
$202,485
Profit
For illustrative purposes only. Individual results may vary. Testimonials and case studies are not intended to guarantee the same or similar results.