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Totally Remodeled Richmond Flip Doubles Its Value in One Year

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Last year, the property at 3025 Balboa Street in the Richmond appeared to be in fairly poor shape. Its purple facade was rundown and the address number was spraypainted in a black scrawl on the front of the house. It sold for $583,000 to flippers who have since completed a complete renovation to create a modern 4-bed, 3-bath home. The property is now back on the market for $1.195 million, or a gain of $612,000 in a bit less than a year. All of the usual flipper finishes like stainless steel and a landscaped outdoor space are included. · 3025 Balboa Street [Official Site]