How 3706 S Weymouth Ave created $148,698 in additional profit
Targeted updates designed to maximize value
Flooring, baseboard & trim, softscape & hardscape, new railing and fence, ceiling removal, interior painting, fireplace enhancements, bathroom remodel, kitchen refresh and appliance installation, kitchen countertops, and lighting enhancements.
Before Revive
The homeowners knew the home had more potential, but needed a clear plan to unlock it.
Built in 1944 and located in a highly desirable neighborhood in San Pedro, this home was a perfect candidate for Revive’s Renovate to Sell Program. Agent Lee Williams was a return Revive partner who was trying to help his client upgrade this rental property to peak listing condition. After nearly 20 years of renting out the home, it was in need of strategic upgrades for current marketability.
The results speak for themselves.
With key updates completed in nearly every room, the end result was a refreshed, welcoming space in turn-key condition that was more attractive to today’s buyers. In its newly renovated state, the home sale generated $148,698 in profit for the client, a 30% increase in commission for Lee, and 98% return on the renovation cost.
$1,000,000
As-is price
Purchase price
$151,302
Renovations
$1,300,000
Sales price
Resale price
$148,698
Profit
For illustrative purposes only. Individual results may vary. Testimonials and case studies are not intended to guarantee the same or similar results.
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