W. Orange Avenue, South San Francisco, CA 94080
Date Funded:
02/05/2020
Type:
SFH Rehab
Sold Price:
$ 1,120,000.00
W. Orange Avenue, South San Francisco, CA 94080
The best floor plan in a brand new refurbished Almaden Valley home! It has 4 bedrooms and 3 bathrooms and is 2,324 square feet. The open living room with the fireplace on your left greets you as you enter the vaulted-ceiling residence. From the living area, you may gaze out at the stunning mountain scenery. On your right, you'll see a formal dining space. The recently rebuilt kitchen, which has stainless steel appliances, has a fantastic view of the private pool. A separate family area leads to the backyard's red-painted wide wood deck. One of the bedrooms below is ideal for a home office. The master bedroom contains two walk-in closets and a double sink vanity. It even has a balcony with mountain views.
PROJECT AT GLANCE
Purchase Price
Sold Price
$ 650,000.00
$ 1,120,000.00
About the Project
Vallejo is a waterfront city in Solano County, California, located in the North Bay sub-region of the San Francisco Bay Area. Vallejo is geographically the closest North Bay city to the inner East Bay, so it is sometimes associated with that region. Its population was 115,942 at the 2010 census. It is the tenth most populous city in the San Francisco Bay Area, and the largest in Solano County.
BEFORE
AFTER
Obstacles
The most difficult task was determining how to enhance the house's charm in order to give it a more modern and appealing appearance. A driveway was built, a contemporary style entrance door was installed with a matching front yard fence, the garage door was replaced with a more stylish aesthetic, and a gray exterior paint with an orange accent was chosen.
What was improved?
1
Upgraded Kitchen
With modern quartz countertops and stainless steel appliances
3
New Garage Door
With a more modern design to compliment the cream exterior paint and white interior accent.
2
Modern Bathrooms
With modern vanity, toilet, and an attractive tile surround on the shower
4
Improved Curb Appeal
Built a garage and added a modern style front door with a matching minimalist design.
Outcome
SALA Investment put $xx,xxx.xx down and paid $xx,xxx.xx in interest expense, totaling approximately $xx,xxx.xx out of pocket. Net proceeds from the sale after discounting realtor commissions and closings cost were approximately $xx,xxx, or a little over xx% return on investment in less than xxx months.
Conclusion
The hardest part about rehabbing these days is finding properties. My realtor found this property on MLS, but that meant we were in competition with many other investors. In the end, the seller chose to accept our offer because SALA Investment provided a strong pre-approval letter and was able to close in a matter of days.
Project Highlights:
-
Complete rehab in just over x months.
-
Property went pending in x days and closed in xx days.
SALA Investment is proud to put our extensive industry expertise and outstanding reputation to work for our investors. Helping you reach one step closer to your goals.
Project Summary
$ 650,000.00
$ 1,120,000.00
$ 164,370.62
Purchase Price
Sales Price
Value Created