Comfortable Appartment

Explore Building Features

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

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$45975

Comfortable Appartment

Heavenly Ridge Ln, Richmond, CA

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200sqft

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5 Beds

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3 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: Acquired for $990,000, this custom-built home represented a strategic investment.
  • After Repair Value (ARV)/Sold Price: Sold for $1,180,000 , marking a 20% increase in value. The extensive renovations substantially boosted the property's market worth.

Market Demand:

  • El Sobrante Hills in Richmond is noted for its tranquil hillside living combined with close proximity to urban conveniences. The neighborhood attracts a diverse group of buyers looking for quality homes in scenic settings with easy access to major urban centers like San Francisco. The area's appealing attributes are enhanced by local events and amenities that contribute to a vibrant community life

Property Location:

  • Poised in the hills of the desirable El Sobrante Hills, 5355 Heavenly Ridge Ln offers stunning bay views and a peaceful residential setting. The property is minutes away from the Orinda BART station, facilitating easy commutes to broader Bay Area destinations. Additionally, the area's proximity to natural parks like Kennedy Grove Regional Recreation Area provides ample recreational opportunities, making it an ideal location for nature lovers and families alike.

Quality of Renovations:

  • The home has been thoroughly updated with high-end materials and fixtures, including new shaker cabinets, quartz countertops, a marble backsplash, and stainless steel GE Profile appliances in the kitchen. Bathrooms feature modern floating vanities, designer tiles, and LED vanity mirrors, enhancing both functionality and aesthetic appeal.

Energy Efficiency:

  • Renovations included energy-saving upgrades such as new flooring and appliances that meet current environmental standards, reducing future utility costs and appealing to energy-conscious buyers.

Flexibility of Space:

  • The home features dual living spaces flanking the central kitchen, ideal for entertainment and family gatherings. The presence of a new wet bar with a dual-zone wine refrigerator adds a luxurious touch and functionality, suitable for various lifestyle needs.

Additional Features:

  • The property includes a wet bar and large open spaces for hosting, a new roof enhancing durability and curb appeal, and expansive windows that not only provide stunning views but also flood the space with natural light.

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

$990,000

Buy at $500/sq foot

$1,180,000

Sell at $500/sq foot

20%

Profit

property Specification & Features

Specification

Property Id

5561

Price

$45975

Property Size

1254 sq Feet

Year Built

15/8/2008

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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