5505 Plumas Ave
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As-is price
Purchase price
Renovations
Sales price
Resale price
Profit
Scope of work
Flooring, re-roofing, baseboard & trim, interior & exterior painting, fireplace enhancement, kitchen remodel, lighting enhancement, and backyard landscaping.
Before & After
Summary
Della A. Brewer, a licensed contractor and agent with First Class Realty, leveraged her flipping expertise for the sale of an inherited property at 5505 Plumas Ave, in Richmond, CA. With Revive Property Advisor Jon Salas, they navigated the complexities of a trust sale after the passing of the trustee and parents, aiming to maximize value for the four beneficiaries. Revive fronted $148,598 in renovation costs, including kitchen, bathrooms, and termite work. The property, owned free and clear, was purchased for $600,000 and, post-renovation, sold for $810,000, resulting in a $61,402 profit, a 35.00% increase in commission, and an ROI of 41.32%. A success for all involved and a beautiful home for its new owners.
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