When flippers bought 218 Richland Avenue for $1.05 million last August, the house was a squat pink box with lots of bright paint and old-fashioned wallpaper inside. It was already being advertised as "open plan," but, unsurprisingly, the flippers opened up the space even more during their renovations. The two-level home now has three bedrooms and three and a half bathrooms and is fitted out with fancy light fixtures, a big gas fireplace, and new hardwood floors. Those improvements brought the asking price up to $1.799 million, and the home sold late last week for $2.16 million, more than double its price last year.
We're not mourning the loss of period details or character in this flip, but it still isn't the nicest renovation we've ever seen. The home still feels a bit boxy, especially given its 2,449 square feet of space, and the layout with the bedrooms on the bottom floor doesn't seem ideal. The third bedroom is actually in a separate cottage out back. The backyard has been redone, but is all stone and doesn't feel overly inviting (there's not even a fire pit!). This is, however, red-hot Bernal Heights, and buyers were certainly attracted by the home's location just a block from Holly Park.
· 218 Richland Avenue [Redfin]
· Quirky Bernal Fixer That Listed for Just $850K Sells for $1.425M [Curbed SF]