San Francisco Ball Park View ▾
This was a heartbreaking project initially that became a great success. A client had purchased a beautiful view condo overlooking the water and AT&T Ballpark in San Francisco. He anticipated using it frequently for his season tickets but instead let family friends move in. After they left, there was major damage including pet urine stained floors and underlay and permanent damage to walls, fixtures and appliances. The real estate listing agent suggested a list price of $899,00 (almost a $200,000 loss in two years). Instead, we requested a modest upgrade budget ($50,000). The budget afforded a complete renovation including new floors, paint, fixtures, and furnished the place top to bottom, right down to linens and new silverware.
The result was amazing. The condo was leased to Oracle sailors for the Cup within 3 days of listing on a 10 month contract. The corporate lease paid for the renovation and then some. At the end of which, we listed the condo at $1.25mil and sold for all cash, with 6 offers, within 5 days. The best reward, however, was turning the owner's experience around.