Flipping (Outer Richmond)

Bought for 961K in Jan 2016. “This property has been fully renovated from the studs up and tailored with all the amenities for today’s modern living.” Listed for 1.7M just now.

https://www.redfin.com/CA/San-Francisco/4524-Balboa-St-94121/home/620767

Before:

After:

Ok, is it just me or I kinda like the old facade more (not the color)…

Lots of options for $1.7M in the Richmond district, why buy this one so close to the beach…pass.

Sold! 1.75M. 50K above list. Bought for 961K a year ago.

Flipping can still be profitable. But you better bring your A game. This flip is MUCH, MUCH more profitable than the one in PA. There flippers bought for 2M and sold for 2.5. Losers.