3545 69th Ave
TITLE
Owner/Developer
TIME PERIOD
November 2014 - July 2017
LOCATION
Oakland Ca
Project Description
PROJECT SUMMARY
This two-and-a-half-year house-flip project was a private investment I undertook in 2014, balancing the work alongside my other professional commitments. The project involved market analysis, property identification, financing, construction development, marketing, and sale.
The strategy was to purchase a dilapidated property in an emerging neighborhood, selected for its potential to increase in market value with cosmetic improvements. Key renovations included remodeling the kitchen and bathroom, adding a backyard office and storage unit, and upgrading landscaping, painting, and trim throughout the property.
Despite working late evenings and weekends, juggling other professional responsibilities, the investment proved lucrative. However, it required significant personal sacrifices to achieve a successful outcome.
Project Financial Summary
Purchase price - $280M
Improvements - $55M
Sale Price - $575M
IN THE MEDIA
The home was featured in the San Francisco Chronicle which highlighted the top three homes in oakland for under $1MM for sale at the time.
LISTING DESCRIPTION
Elegant and charming in every way, this rarely available Millsmont retreat is an oasis of its own. With a custom-built backyard, this is truly a unique home with an awe-inspiring living experience. Filled with ample light, the house showcases a well-appointed open floor plan that seamlessly connects the living room, dining room and kitchen, making it an ideal space for entertainment. Recently updated, this home features 2bd, 1ba. A fireplace and barrel-shaped ceiling add to the charm of the home. French doors from the kitchen lead to a magnificent backyard and allow for an indoor-outdoor living experience. The grounds feature an artist studio, storage unit, fire pit, tool shed, 2 pkg spaces, variety of plants and a stunning redwood tree.
Work Examples
Before
After
Video Tour