Oakland Condo Transformation
$172,308 Profit
309% Return
SOLD
$603,000
AS-IS
$375,000
RENOVATION
$55,692
LOCATION
Oakland, CA
This 1 bedroom, 1 bathroom condo in Oakland features an open floor plan, private balcony, and sweeping views of Lake Merritt and the Oakland hills. Agent Shelly Flynn of The Grubb Co. teamed up with project director Lara Richmond to breathe some new life into this space before it was made available to East Bay buyers. Under Lara’s direction, some of the major upgrades included the installation of new luxury vinyl flooring, removal of popcorn ceilings, refacing of the kitchen cabinets and countertops, and replacing lighting throughout the unit. Once this remodel was completed, the unit sold for $603,000, netting the sellers a $172,308 profit and a 309% return on their investment!
Freemodel’s scope of work for this project included:
- All rooms: Luxury vinyl flooring installation with baseboards, removed popcorn ceiling, patched & painted walls, ceiling & trim, installed hinges, door knobs and locks, replaced all receptacles and switches with white Dacora
- Entry: Replaced wall mount light
- Kitchen: Painted kitchen cabinets, replaced flush mount ceiling light, disposed of all counters, sink, faucet, and appliances, installed new plywood countertop base, installed cabinet hardware, installed under-mount sink & faucet, installed disposal, installed backsplash, installed electric range, installed extractor fan, installed refrigerator, installed dishwasher
- Bathroom: Replaced heater light with recessed light, replaced vanity light, replaced wall mount lights, installed new caulk around tub & shower surround, installed fixed shower head, tub spout, overflow, & drain, installed toilet, installed prefab vanity cabinet, counter and sink, installed sink faucet, installed vanity mirrors, installed towel bar, towel ring, robe hook & toilet paper holder
- Living Room: Replaced wall sconce with 6 recessed cans, built beam structures to house recessed lighting
- Exterior: Power washed and painted balcony floor
Before
After