cb, should you start a new thread as you begin to search for the next project?
Looks like the “Flip or Flop” house in my neighborhood is back on the market. From the pictures it looks like they did some changes to the outside in an attempt to make it look less “grandma”. Not sure what else they did. They kept the cement floors throughout. http://www.century21.com/property/3226-minnesota-ave-costa-mesa-ca-92626-C2139230142
I have two friends here in San Diego that have the polished concrete floors and one of them loves it and the other one hates it.
Is it my imagination or is the door to one of the bathrooms not as wide as a normal door?
Or is it a linen closet?
I’m not sure what they did to the front to make it look less grandma?? probably some small things I am not noticing, like painting around the garage window?
Those criss-cross diagonal window slats are unattractive to me. I used to live in Costa Mesa in the late 1980s- and would walk the neighborhood - every house looked very similar to that one.
Don’t like those also - they smack of the original house and don’t go with the interior at all. It would have been very easy to replace with a cool frosted window (which would provide privacy and security for the garage also)
That house on Minnesota also looks pretty close to the 405 - I assume there is constant freeway hum and dust.
I think it was blue before? Wasn’t it? And I think they added whatever that cement stuff is that they put around the garage window? I don’t know what they do to the pictures but they kind of hurt my eyes.
I noticed that also… some kind of fuzzy filter/soft focus lens which is unusual for real estate photos. I think it’s the same as those ‘glamour photo’ lenses. Don’t like it
Count me as another who can’t stand those windows. I also really dislike the upended subway tile and the tile on the island. The floors are too reminiscent of a garage for me. Just do not like it at all.
I don’t think it’s a linen closet because the photo before it is shot from that door…
ditto everything in @Consolation 's post. the materials and finishes all look so . . . cheap.
Just sold at $930K (went on the market 11/3). Now don’t you feel even better, cb?
As a recap, I went back and made a list of all the comparables we were looking at while I was trying to sell the Liberace House flip. Here’s a recap of those houses:
3028 Browning, 92106. Purchased 7/22/15 $770k, remodeled back out to market 8/26/15 (really??? only one month for renovation??? ) $1,025,000. Did not even go into contract until 12/10 at $975k. Still pending, haven’t closed escrow. Has been on market 5 months
4467 Tivoli, 92107. Took 3 months to sell at $1.235mil
3221 Byron (same flipper as Newell), owned since 9/30/2014, still trying to sell at $1,195,000
3230 Newell, owned since 6/5/2015, still on market trying to sell $995k
3444 Talbot, sold over asking $999k in about 8 days
3214 Udall (higher price range) still on market trying to sell at $1,495,000
3718 Narragansett 92107 on market for 9 months and finally sold $1,015,000
1076 Leroy 92106 on market 9 months (and kept going up and down in price - this was a flip) and sold for $1,225,000. I find this one the strangest because they dropped price to $999k for about a month and then expired/relisted at $1,195. And then sold for $1,225mil ??? doesn’t make any sense
And Martinez… house hanging off eroding slope 2 months to go into escrow, 3 months to sell at $930k off asking price of $995k
Just for fun I swung by this house on my way home and there was a cute cat face looking out from the front bedroom window. So someone (or should I say somecat) is living there!
I don’t know what they finally rented it for. Probably somewhere around $4k / month. Doesn’t make any sense as an investment since taxes and insurance would be about $1300+ a month
If you are keeping it as a family vacation spot and VBRO the rest of the time, it might make sense to them?
They had it up for long term rental