$1,800,000

As-is price

Purchase price

$422,515

Renovations

$2,425,000

Sales price

Resale price

$202,485

Profit

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Scope of work

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 & After

Summary

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.