$690,000: 12 Juanita Way, San Francisco

Miraloma Park House, San Francisco – Trust Administration Sale

12 Juanita Way, Miraloma Park, San Francisco

Days to remodel complete

Days on market

%

Return on investment

Hours to remove personal property

Challenge
Craig met the trustee at the home and found it in the worst condition of any property he had seen in years. The yard was severely overgrown. The floors, appliances and finishes had been neglected for years. It was full of personal property, and the tenant living on the first floor had no lease.

 

Solution
The marginal benefits analysis Craig prepared showed an expected return of 350% on funds invested in remodeling. Upgrades he recommended and the trustee agreed to included:

  • Repaint the exterior in colors complementary to the home’s Spanish-era design
  • Remove the occupant living in the basement, who had been the caretaker for the deceased
  • Add a separating wall between stairs/hallway and garage to add a more finished feeling to the home
  • Remove the 8-inch high cement barrier at laundry room entry (tripping hazard)
  • Finish the laundry room and landscape the rear yard

GETTING READY TO SELL OR BUY?