Personalized household renovation will get 12 months to finish and just about double property price
LOS ALTOS, Calif. (PRWEB) January 26, 2021
West Valley Ventures, a household real estate expense company in affiliation with GPR Ventures and Duke Capital Ventures, has closed escrow on a 13,785 square foot whole lot situated at 853 Campbell Ave. in Los Altos for a obtain cost of $3.030 million. West Valley Ventures will companion with Domum Design and style to transform the house more than the up coming 12 months. The renovation approach features 4,500 square feet of livable area, together with a committed residence place of work and an 800 square foot accessory dwelling device. It is anticipated to nearly double the property’s value to upwards of $6 million.
“Los Altos is a vital market place for our West Valley Ventures staff, and we are very pleased of the footprint we have set up in the community by way of numerous thriving assets transformations,” said West Valley Ventures Founder and Handling Principal Glen Yonekura. “This sort of acquisition and renovation is our specialty, and we are fired up to implement our many years of knowledge to this challenge.”
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“We are enthusiastic about this acquisition for the reason that it is definitely in the wheelhouse of West Valley Ventures’ expertise,” mentioned Kyle Fahey, Asset Supervisor and job lead for the renovation. “Immediately after an prolonged closing time period which gave us time to completely develop our challenge prepare, we are now all set to hit the floor operating on the renovation.”
West Valley Ventures will lover with affiliate organization GPR Ventures, which is co-owned by Glen Yonekura and Phil Rolla, Govt Vice President of commercial true estate investment decision business Dan Caputo Co., to fund the new build. West Valley Ventures labored with Genesis Money, a Los Angeles-based lending loan provider affiliated with Goldman Sachs, during the escrow approach.
“West Valley Ventures has a comprehensive and intensive know-how of the Los Altos authentic estate current market, and their experience throughout all areas of the field shines through with each undertaking they consider on,” reported Los Altos-dependent real estate agent Kathy Bridgman, who brokered the sale.
West Valley Ventures’ renovation programs contain a 3,700 square foot one particular-story main residence with five bedrooms, 5 bathrooms and a dedicated office environment place. An 800 sq. foot accent dwelling device (ADU), which has turn out to be a principal aspect of all West Valley Ventures initiatives, will be outfitted with two bedrooms, just one lavatory and a tiny kitchen.
The modern day farmhouse layout will include wooden and stone elements, as well as sloped, multilevel roofs and uncovered beams.
The two-car hooked up garage opens into a mudroom which enables entry to a official living area highlighted by a statement-producing hearth. At the rear of the household, bifold doors in the family members area open up on to a deck and protected patio, with strategies for a pool proposed to total the outside living house.
Locale + Neighborhood Particulars
The home is located at 853 Campbell Ave. in Los Altos and provides uncomplicated obtain to Interstate 280 and Freeway 101. Shoreline Amphiteatre, Shoreline Lake Park and downtown Mountain Perspective are a lot less than 5 miles from the property with near proximity to buying, places to eat and some of the area’s leading-rated educational facilities.
For far more details on West Valley Ventures and its complete portfolio, check out https://westvalleyventures.com/.
About West Valley Ventures
West Valley Ventures, an affiliate corporation of GPR Ventures and Duke Money Ventures, specializes in the process of transforming common qualities into upscale, attractive residences in some of the most extremely-valued household communities all through the Bay Space and Silicon Valley. The firm’s many years of abilities coupled with a specialized network of genuine estate pros, architects, engineers and designers assures a seamless procedure for both household consumers and sellers. West Valley Ventures’ portfolio incorporates more than 50 custom made residences finished in Silicon Valley. For added data, make sure you visit westvalleyventures.com or connect with (650) 386-6403.
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