Michael Loccisano/Getty Images; realtor.com
“Flip or Flop” star Tarek El Moussa has a winning formula when it comes to flipping Southern California real estate. And the popular property guru is ready to launch a new show on HGTV. “Flipping 101” will share his most successful tips and tricks to revamp homes for cash.
But how successful is the famous home flipper? We spotted seven of El Moussa’s most recent projects—three recently sold homes and four still on the market—to get a better sense of his latest handiwork.
The homes below aren’t the fanciest in the neighborhood or hulking McMansions; they’re eminently livable properties that are given fashionable face-lifts featuring El Moussa’s signature muted color palettes, designer tile work, and trendy fireplace updates. Besides the style fixes, the homes are all full of natural light and move-in ready options almost any home shopper would love. Have a look at the recent progress of one of HGTV’s brightest stars.
Available or pending sale
2907 Oakwood Ln, Torrance, CA
Price: $1,388,800
Family flip: El Moussa picked up this nearly 2,700-square-foot family home in August 2019 for $875,000. Originally built in 1976, the five-bedroom property was given a modern makeover with an eye on easy maintenance. Highlights include distressed laminate flooring and new landscaping. Filled with natural light and big enough for “multigenerational living,” this move-in ready suburban home is an awesome option for family home hunters.
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9729 Woodley Ave, North Hills, CA
Price: $679,900 (sale pending)
Ranch rehab: El Moussa picked up this place up for $437,000 in September. A new coat of paint, distressed laminate flooring, and trendy tile work turned the aging ranch into a modern marvel. Originally built in 1958, it’s now an ideal option for families looking for a stylish upgrade. The three-bedroom home is filled with telltale “Flip or Flop” touches and features a neutral and tasteful color palette.
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5178 W 21st St, Los Angeles, CA
Price: $829,900 (sale pending)
Bungalow beauty: El Moussa purchased this lovely two-bedroom bungalow for $550,000 last fall and upgraded the interior and exterior. High-end updates include a brand-new kitchen with white Shaker cabinets and marble countertops, and white oak wood floors throughout. Outside, you’ll find a new concrete patio and updated landscaping. The result is a stunning, airy space that makes the most of its petite 1,000 square feet.
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76911 Inca Dr, Indian Wells, CA
Price: $599,900
Desert discount: El Moussa’s reach also extends to Riverside County. He paid $470,000 for this three-bedroom home in February 2018, and put it back on the market just a little over a month later. Two years later, the 23-year-old home is still waiting for a buyer. The current price on the 2,126-square-foot home—even after the remodel—is still the cheapest in the guard-gated Colony Estates community. Inside, the home features clean lines, vinyl plank floors for easy maintenance, and a petite pool and spa out back.
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Recently sold
3724 Chesapeake Ave, Los Angeles, CA
Sale price: $715,000
Chesapeake charm: After purchasing this three-bedroom home for $565,000 in August 2019, El Moussa rehabbed this property and sold it last month for $715,000. Built in 1944, the home was given a new kitchen, custom tiled shower, and new landscaping out back.
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5321 Shrewsbury Ave, Westminster, CA
Sale price: $860,000
Westminster winner: El Moussa picked up this roomy four-bedroom suburban home for $625,000 in June 2019. A modern makeover included a new kitchen, fireplace face-lift, and distressed laminate flooring throughout. The new HVAC system will keep things efficiently cool for years to come for its lucky new owners.
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19 Cormorant Cir, Newport Beach, CA
Sale price: $1,314,900
Newport nest: Located in a gated community, this three-bedroom home cost El Moussa $900,000 in February 2019. He added a custom-designed kitchen with floating shelves, distressed wood flooring, and new bathroom fixtures. Outside, the backyard features a custom fireplace in addition to all-new landscaping.
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The post What’s Tarek Up To? The 7 Latest Flips From HGTV Star Tarek El Moussa appeared first on Real Estate News & Insights | realtor.com®.
source https://www.realtor.com/news/trends/latest-flips-from-hgtv-star-tarek-el-moussa/
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