Hello my fellow flip-lovers! Today we’ll be looking at a property that I think is technically a flip. The owners bought it 8 years ago but have struggled in all that time to sell it. Some may argue this isn’t a flip but when you look at the listing history for this property I think you’ll agree with me that this is a flip…albeit one that may not be technically a success story…but I’ll let you be the judge of that.
This is where she started back on May 16, 2008. So sad.
After these flipper bought this house in May 2008, they went on a listing journey. Buckle up because the listing history on this property is going to make you dizzy.
The immediate neighborhood is pretty bad. I’m not even sure it can be considered transitional. The front of this house looks out onto an ivy
rat infested covered hill that leads up to a very busy freeway. (Isn’t this redundant? Aren’t all freeways in the Bay Area busy ?) I can’t even imagine how noisy it must get around commute hours.
To make matters worse, the freeway goes over their street a couple of houses down from them, creating a super creepy tunnel where god-knows what can happen to you if you get caught in there. If, however, you survive your walk through the tunnel gauntlet you’re fairly close to an up-and-coming neighborhood that has tons of restaurants and cute shops. It’s a good 10 blocks away but I think the buyers will feel it’s close enough to take advantage of. Will it be enough to overcome the freeway?
In 2008, this adjacent neighborhood was not up and coming, which may explain their one-month rehab plan when they first bought and listed the house. The buyers of this house today will be a whole lot different from who they would have been in 2008. Today, there’s a chance hipsters will buy this house whereas in 2008 no way — I guess in 2008 hipsters were still in high school.
I think it’s fair to say these flippers went above a beyond in this rehab — they may even have over done it — but because of the neighborhood and freeway and creepy tunnel I think they really had to.
Before and After
Unfortunately, there are not a whole lot of before pictures so it’s hard to see the full extent of the rehab but the after is pretty spectacular. The only real criticism I have is that they didn’t stage the house. I get why they wouldn’t want to stage it given how many times they’ve listed and delisted it over the last 8 years but I think they’re leaving money on the table. I think they needed to up the “wow” factor on this house in order get people to forget about the neighborhood, the freeway, creepy tunnel and rat-ivy hill.
I love almost everything about this kitchen. What about you? How do you feel about the stainless steel backing on the island? Genius? Too much?
I’m not entirely sure if these bathrooms are the same because I think they reconfigured this bathroom and created a whole new one. Check out the outside door they incorporated into the shower in the after. You could drag dirty dogs/kids/husbands straight into the shower. Brilliant! Less brilliant: the sauna in the bathroom. *scratching head*
This bedroom leads to a second floor deck and I have a hunch that they turned the closets into the master bathroom.
This is a good-sized backyard and these flippers really added a lot out here: hot tub, extra studio space, deck, and hard and soft-scaping (i.e. plants and pavers). The smartest thing they did was create better access from the inside to the backyard by replacing the small window with a slider. Remember this small window because you’ll be seeing it again in a bit.
You can tell this is the dining room because of the small, grid window on the back wall of the before picture. See, I told you you’d see that window again but don’t get too used to it because it goes bye-bye one picture later.
End of the Before and After Tour
I don’t have any more before pictures to show you. Enjoy the rest of the house and tell me what you think. Will this house finally sell ? If so, can we consider it a success?