Flip Feature: 4 Beds, 3 Bath Home in Los Angeles
Kiavi recently featured a ‘Before and After Photo Contest’ to help showcase our customer’s memorable renovations with everything from trendy rehabs, tear-down surprises, transformations, and total down-to-the-studs jobs.
We’re excited to highlight our customer Garri Tigranyan’s submission for his 4 bed / 3 bath renovated home in Los Angeles, CA. Starting his career in the mortgage industry in 2004, Tigranyan has since created a successful real estate investing business, CashNvestors, with his investor partner Sergio Itturios. CashNvestors focuses on fix-and-flip properties in the California area and has recently expanded to ADUs to convert garages into additional living spaces.
On this property, CashNvestors worked with Kiavi to finance the deal. Kiavi enabled CashNvestor to close on the property quickly, without the traditional paperwork hassle, so the team could focus on renovating the property and maximizing their profits. As a customer since 2017, Kiavi has helped CashNvestors scale through our reliable capital, fast processes, and online technology.
"Kiavi is as simple as it gets. It’s right there in front of you. One-two-three and your loan is done. There is no going back and forth,” said Garri Tigranyan, Co-Founder of CashNvestors.
Looking for inspiration for your next renovation? Read on for more details!
Quick property statistics on the project:
Layout: 4 BD / 3 BR, 2,786 sq.ft.
Date Built: 1953
Purchase Price: $1,260,000
Estimated Rehab Costs: $250,000
Sale Amount: $1,910,000
Property Acquired: April 2021
Property Sold: October 2021
Single-family home description
“The moment you step inside this beautiful home, you will be captivated by its prominent jaw-dropping views. The living room is bright, airy, and features a warm fireplace. Next to the living room, you will find the beautiful kitchen, which aside from its unparalleled views, offers custom white oak wood details throughout and a large island with premium Carrera marble countertops.
Additional features upstairs include vaulted cathedral ceilings, a large master bath with a soaking tub, dual fireplace, a custom walk-in master closet, a separate workout/office/study area perfect for working from home, and a large private balcony offering equally breathtaking views.”
Before and After Images