Eichler Homes Realty where modern living starts in the Bay Area About EHR Business Directory Contact Eichler Communities Category: Opportunity of the Week This is my journal of the best opportunities in the market where I find fixer/flip homes for investors. We set the rehab budget for each property and the resale target price. You hire us to project manage all the improvements, and resell for profit that goes back to you the investor. OPPORTUNITY OF THE WEEK Opportunity of the Week MARCH 21, 2016 LEAVE A COMMENT Opportunity of the Week This is my journal of the best opportunities in the market where I find fixer/flip homes for investors. We set the rehab budget for each property and the resale target price. You hire us to project manage all the improvements, and resell for profit that goes back to you the investor. This week’s opportunity is: 3875 Mumford Pl, Palo Alto 94306 Photos taken by Mark Easterday (these photos are not on the MLS) Overview: Eichler home, mostly original, hoarder house shows very poorly Huge double size lot, 13,000sf and on cul-de-sac Great schools and house is completely salvageable Our Approach: Listing agent has not posted any photos, clearly its embarrassing Priced at $2.5m, did not sell first week so I doubt over-bidding Teardown and building 2 story would risk upsetting the Eichler community (so this thins out some builders) Say we buy this at $2.5m (better at $2.4m if possible) Budget $300k for complete renovation All In Target — $2.8m Resale target price $3.2m+ Rationale: A good Eichler should be preserved and has very broad appeal Rare 13k lot size is an upside bonus $$/sf resale of $1600/sf range is in line with recent sales The WOW factor of our re-design will be stunning! Contact Mark at 408-887-1821 or mark@eichlerhomes.com READ MORE → Eichler Homes Realty 505 Hamilton Ave # 100 Palo Alto, 94301 408-887-1821 mark@eichlerhomes.com Follow on Instagram: theeichlerguy SEARCH FOR...  Search Categories 614 Torrington Dr Announcement Eichler Insights Eichler Rentals Eichlers for Sale in Burlingame Eichlers for Sale in Cupertino Eichlers for Sale in Mountain View Eichlers for Sale in Palo Alto Eichlers for Sale in San Mateo Eichlers for Sale in San Mateo Highlands Eichlers for Sale in Santa Clara Eichlers for Sale in Sunnyvale Market Trends Modern Related Opportunity of the Week Remodel: Kitchen SOLD BY Eichler Homes Realty * Sold in Atherton/Menlo Park Sold in Burlingame Sold in Cupertino Sold in Foster City Sold in Ladera Sold in Los Altos Sold in Menlo Park Sold in Monte Sereno Sold in Mountain View Sold in Oakland Sold in Palo Alto Sold in Portola Valley Sold in Redwood City Sold in San Jose Sold in San Mateo Sold in San Mateo Highlands Sold in Santa Clara Sold in Saratoga Sold in Stanford Sold in Sunnyvale Terminated/Expired/Withdrawn Uncategorized BLOG AT WORDPRESS.COM. Follow