Successful Palm-Springs inspired flip in Ladera Heights

Successful Palm-Springs inspired flip in Ladera Heights

Member since 2018 · 22 posts · 5 votes

Investment Info:

Single-family residence fix & flip investment in Los Angeles.

Purchase price: $1,040,000
Cash invested: $350,000
Sale price: $1,940,000

Contributors:
Samira Mahjoub Tapia

We purchased a fixer property in Ladera Heights California with a hard money loan. We did a full remodel including architecture and structural engineering creating an ideal floor plan and adding a bedroom, bathroom, and about 300 additional square feet in the master bedroom. We created a Palm Springs inspired mid-century retreat by incorporating stylish finishes and fun elements like a flip-out window from the kitchen to the deck. and completed the renovation and sold the property in multiple offers nearly $100k over asking mid-Covid.

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  • Will BarnardPro Member
    Moderator
    Developer · Santa Clarita, CA · Member since 2008 · 15k+ posts · 10k+ votes
    6y

    Nicely done, congrats.

  • Rental Property Investor · La Quinta, CA · Member since 2014 · 1k+ posts · 779 votes
    6y

    Awesome, I'd love to see photos, we've done some mid-century projects.

  • Realtor · Austin, TX · Member since 2016 · 1k+ posts · 1k+ votes
    6y

    @Rebecca Raskind Congratulations, that's quite a margin!

  • Member since 2018 · 22 posts · 5 votes
    6y

    Thanks everyone. You can see photos and our marketing video at www.midcenturyresort.com :)

  • Member since 2018 · 22 posts · 5 votes
    6y
    Originally posted by @John D.:

    Awesome, I'd love to see photos, we've done some mid-century projects.

     Thanks! We did a more contemporary mid-century with Palm Springs inspired style. You can see photos and video at midcenturyresort.com :) 

  • Member since 2018 · 22 posts · 5 votes
    6y
    Originally posted by @Bryan Noth:

    @Rebecca Raskind Congratulations, that's quite a margin!

     Thank you! So happy with how it turned out. 

  • Member since 2018 · 22 posts · 5 votes
    6y
    Originally posted by @Will Barnard:

    Nicely done, congrats.

    Thank you Will! Thank goodness it went well despite everything going on.  

  • Realtor · Austin, TX · Member since 2016 · 1k+ posts · 1k+ votes
    6y

    @Rebecca Raskind beautiful interior finish outs, nicely done

  • Residential Real Estate Broker · Clinton, MD · Member since 2008 · 297 posts · 178 votes
    6y

    Love it.  Congratulations!!!!!!! 

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