561 Skyland Dr Sierra Madre CA

[Andy Fernandez]

Investment Info:

Single-family residence fix & flip investment in Sierra Madre.

Purchase price: $820,000
Sale price: $1,150,000

This is a beautiful 4 bedrooms, 4 baths home at the top of the Sierra Madre Hill next to Pasadena.

What made you interested in investing in this type of deal?

Great upside opportunity. Nice niche

How did you find this deal and how did you negotiate it?

MLS

How did you finance this deal?

Hard Money and Private

How did you add value to the deal?

Add 735 sqf plus a total upgrate of the property

What was the outcome?

We had a beautiful home . We brough the size of the property from 2000 to 2735 sqf. We also added a rooftop deck above the car port with a glass railing.

Lessons learned? Challenges?

How to deal with the city challenges in construction.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes, I will recommend Moises Salaya from Global Realty. He helped us with the purchase as well the selling of the property.