Larsen Real Estate

First Dana Point Flip

10/23/2013
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Back in August, we closed on our first flip in South Orange County.  It is a 2 bed 2 bath condo on Santa Clara Ave on the bluff overlooking the Dana Point harbor.  It was an REO and we purchased it for $468k.  It was pretty dated, but has some killer views from the complex.  Here are a couple before and afters:

photo 7photo 2 (2) photo 17 photo 1 (3) photo 3 (5)

After $35,000 of work, a couple of water leaks into the angry lady’s unit below, and lots of grief from the HOA, I listed it today for $589,000.

Come and get it!

-Bill


About author

I am William. I do commercial real estate. I do not make money. I think a lot. I spell poorly.

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