Comfortable Appartment

Explore Building Features

From modern amenities to architectural highlights, this detailed exploration showcases the unique attributes.

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$45454445

Comfortable Appartment

Lucille St, San Leandro, CA

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120sqft

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3 Beds

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5 Baths

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Parking

About Property

Introducing this elegant family home, nestled in a quiet neighborhood and boasting 4 bedrooms, 3 bathrooms, and a spacious 2-car garage. With over 2,500 square feet of living space, this residence offers ample room for comfortable family living and entertaining.

As you step into the welcoming foyer, you're greeted by an abundance of natural light that pours in through the large windows. The open-concept layout seamlessly connects the living room, dining area, and gourmet kitchen. The kitchen, equipped with stainless steel appliances, granite countertops, and a center island, is a chef's dream.

The master suite, with its ensuite bathroom featuring a soaking tub and separate shower, provides a tranquil retreat.

Forced Appreciation on Asset:

  • Initial Purchase Price: Bought for $500,000, this property was chosen for its potential for high returns.
  • After Repair Value (ARV)/Sold Price: After enhancements, it sold for $825,000, reflecting a 65% increase in value. This growth is attributed to comprehensive upgrades and modernizations that significantly boosted the property’s appeal.

Market Demand:

  • San Leandro is a vibrant area with growing demand due to its proximity to major urban centers like Oakland and San Francisco. The property's central location, close to E.14th Street/Downtown San Leandro, Costco, and BART stations, makes it particularly attractive to commuters and local professionals.

Property Location:

  • Located just a 3-minute drive from downtown San Leandro and major transport links, 1224 Lucille St is ideally situated for easy access to local amenities and commuting routes. This accessibility, combined with the neighborhood's charm, significantly increases the property’s marketability.

Quality of Renovations:

  • The home underwent significant updates, including luxury laminate flooring, fresh paint inside and out, crown molding, and recessed lighting. High-quality dual-pane windows were installed to enhance comfort and noise isolation.

Energy Efficiency:

  • The addition of energy-efficient features such as dual-pane windows, water-conserving fixtures, and a Nest thermostat not only reduces utility costs but also appeals to eco-conscious buyers.

Flexibility of Space:

  • The open layout with two bedrooms and one bathroom is optimized for light and space, making it appear larger and more welcoming. The integration of indoor and outdoor living spaces, highlighted by the slider door to the backyard, enhances the home’s usability and entertainment potential.

Additional Features:

  • The property includes a low-maintenance backyard equipped with fruit trees, offering both practical and aesthetic value. These outdoor features provide a private and enjoyable space for relaxation and hosting events.

Introducing this elegant family home, nestled in a quiet neighborhood and boasting 4 bedrooms, 3 bathrooms, and a spacious 2-car garage. With over 2,500 square feet of living space, this residence offers ample room for comfortable family living and entertaining. As you step into the welcoming foyer, you're greeted by an abundance of natural light that pours in through the large windows. The open-concept layout seamlessly connects the living room, dining area, and gourmet kitchen. The kitchen, equipped with stainless steel appliances, granite countertops, and a center island, is a chef's dream. The master suite, with its ensuite bathroom featuring a soaking tub and separate shower, provides a tranquil retreat.

house

$500,000

Buy at $500/sq foot

$825,000

Sell at $500/sq foot

65%

Profit

property Specification & Features

Specification

Property Id

51245

Price

$45454445

Property Size

1560 Sq Feet

Year Built

10/10/2022

Features

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Air Conditioning

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Barbeque

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Vacant Surround

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Swimming Pool

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Green Place

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Pollution free

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Two Entry Gate

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Security

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City Nearby

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Beach view

Property Location

This exceptional property is situated at Palm Street, San Diego, California.

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FAQs

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Q: How can I start investing with Magnolya Renovation?
Getting started is simple. Explore our Investment Portfolio, choose a property that aligns with your goals, and follow the streamlined investment process on our platform. Our team is here to guide you through each step.we believe in making the investment process transparent, rewarding, and accessible to all.
Q: What kind of properties are included in your Investment?
Getting started is simple. Explore our Investment Portfolio, choose a property that aligns with your goals, and follow the streamlined investment process on our platform. Our team is here to guide you through each step.we believe in making the investment process transparent, rewarding, and accessible to all.
Q:  How do I track the performance of my investment?
Getting started is simple. Explore our Investment Portfolio, choose a property that aligns with your goals, and follow the streamlined investment process on our platform. Our team is here to guide you through each step.we believe in making the investment process transparent, rewarding, and accessible to all.
Q: What sets Magnolya Renovation apart from other
Getting started is simple. Explore our Investment Portfolio, choose a property that aligns with your goals, and follow the streamlined investment process on our platform. Our team is here to guide you through each step.we believe in making the investment process transparent, rewarding, and accessible to all.
Q: What level of involvement do I need as an investor?
Getting started is simple. Explore our Investment Portfolio, choose a property that aligns with your goals, and follow the streamlined investment process on our platform. Our team is here to guide you through each step.we believe in making the investment process transparent, rewarding, and accessible to all.

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