$1,000,000

As-is price

Purchase price

$507,656

Renovations

$2,525,740

Sales price

Resale price

$1,018,084

Profit

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Scope of work

Flooring, baseboard & trim, interior & exterior painting, bathroom remodel, kitchen remodel, kitchen appliance installation, lighting enhancements, HVAC upgrades, front gate & porch enhancement, hardscape & softscape, window installation, garage enhancements, ceiling removal, fireplace refresh, staircase refresh, and staging.

Before & After

Summary

Conveniently located in a highly sought after neighborhood in Los Angeles, this 1978 home was dated and in need of modern upgrades to meet the demands of today’s housing market. The homeowner, Jack C., had grown up in this house and inherited it after his parents passed away. Living a few hours away, he knew he needed Revive to manage the project and make sure renovations were executed according to plan. Less concerned with the specific renovations and investments being put into the home, Jack wanted to work with a renovation company who would help him earn the most profit from the sale of his parents home once it was fully renovated.

Lorin Ruttenberg, a concierge-focused agent, came to Revive with substantial renovation and flipping experience. She had identified this outdated and distressed property as a worthy investment that many would have quickly sold to an investor. She could see the potential of the property once it underwent a complete strategic facelift, and partnered with the homeowner and Revive to make it a reality. This full-scale renovation touched nearly every aspect of the home, ultimately generating over $1 million in profit and a 200% ROI, which achieved Jack’s goals and reinforced Lorin’s belief in the property, while earning her a significant commission.