[Project hero photo]
Project Timeline
- Acquired
- Demo
- Structural
- MEP Systems(Current)
- Finishes
- Listed
- Sold
Scope of Work
- Full kitchen renovation
- Primary bath gut and rebuild
- New HVAC system
- Roof replacement (20 sq)
- Electrical panel upgrade to 200A
- New flooring throughout
- Exterior paint and landscaping
- New windows (12 units)
Project Overview
This 1940s craftsman-style bungalow sits in a rapidly improving Westside neighborhood one block from a major revitalization corridor. The property was acquired from a motivated seller via direct mail — purchased below the 65% ARV threshold.
Why We Bought It
Comparable sales within 0.5 miles have trended from $190K in 2022 to $255K+ in Q4 2024, with well-rehabbed 3/2s regularly trading at $260–$275K. The property's lot size (6,800 sq ft) and detached garage provide additional value.
Current Status
Construction is approximately 60% complete. Kitchen framing is done, new HVAC equipment is staged and ready for installation, and rough electrical has passed inspection. We are on track for a mid-June listing.