Real Estate Realities – Should you buy that Long Beach fixer upper?

Posted on October 6, 2017. Filed under: First Time Buyer help, Long Beach Homes, Los Angeles Real Estate, Making Life Easier, Orange County Real Estate, Real Estate Stories | Tags: , , |

What buying a fixer upper can turn into for you!

Most of us are obsessed with the show Fixer Upper on HGTV where we watch Chip & Joanna Gaines turn older houses into beautiful, updated remodels. Most of us don’t realize this is possible for us to do ourselves, so when we go to look at houses we expect one that already looks like Joanna has put her touch on it. However, we want a fixer price on a newly updated house. It’s ok to admit…we see this every. single. day.

Most times buying a house with a lot of potential and a smaller price tag is beneficial to you and your future…ESPECIALLY on your first place.

Check out what one of our clients, Jason from Long Beach, did to this cosmetic fixer-upper he purchased! Jason looked for quite some time and had specific ideas of what he wanted for his interior. Unfortunately, nothing’s ever perfect. So he decided to buy the ugly duck in the perfect area, and turn it into a swan 🙂

We referred Jason to one of our absolute favorite buildings in Long Beach, located at 555 Maine. We love this location because it’s super affordable, has low HOA, includes parking, is FHA approved, they are big dog-friendly, and um….top it off with a rooftop deck that has city views. So cool.

Here are some interior photos of when he first bought the property. Of course, we helped him nab this condo towards the very low end of comps in the downtown Long Beach area:

It was livable, but nothing really special. Which is always a bummer when you spend hundreds of thousands of dollars. We know, you want to brag about your new home! So….. check out what he did! What an amazing transformation! We are obsessed! Clean lines, consistent colors, upgraded appliances, quartz counters….niiiiiiice 🙂

The time to complete the project was about two months, and with his permission we’re able to post that he invested in the ballpark of $40k.

In true fixer upper style, we’d say after this remodel Jason would easily be selling close to the top of the comps in the area, which gives him about 10K in equity already! Best part is he’s only 6 months into this adventure and living in a great space where he got to choose his decor. Congratulations on a job well done, Jason! We are so proud and amazed with the work you got done on this place while working your hectic hours!

jason

If you’d like to take on a cosmetic fixer challenge just get in touch with us by filling out the form below or texting Angie at 949-338-7408.

 

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    Orange County, CA Real Estate for hip first-time buyers and investors. Plus, fun things to know and do in OC.

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