$550,000

As-is price

Purchase price

$204,380

Renovations

$955,500

Sales price

Resale price

$201,120

Profit

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Scope of work

Flooring, baseboard & trim, interior & exterior painting, bathroom & kitchen remodel, fireplace enhancement, and lightings.

Before & After

Summary

Jody Gigliotti from eXp, alongside Revive Property Advisor Jameson Hanson, recently spearheaded the renovation of a former rental property at 9572 Canton Ave, located in Anaheim, CA. The as-is value of $550,000 was significantly uplifted through a $204,380 investment, fronted by Revive with no interest or fees, which included updating the kitchen and floors, while addressing critical issues like sinking ceilings and old water damage. In addition to doing a full interior & exterior facelift, the Revive Team also completed some deferred maintenance that was suppose to be done by a previous Contractor. Revive picked up where this other Contractor had left off, and made things right. Despite discovering asbestos, the team managed to navigate the additional challenge, resulting in a sale price of $955,500. The renovation led to a profit of $201,120 for Jody’s clients, a 73.73% increase in commission for Jody, and an ROI of 98.40%, far surpassing the anticipated ARV of $850k+.