Karen Fukumura & Macy Cheung

Bay Property Solutions, LLC in El Cerrito, CA

The property is a 2,221 square foot single-family home that resides in the highly sought after Piedmont Pines neighborhood of Oakland, CA. We were able to purchase this house through a realtor in a probate sale after it fell out of contract in early 2020. Realizing that the out-of-town agent and owner were motivated to sell, we presented a strong all-cash offer with no contingencies. Through our agents, we negotiated aggressively to a purchase price of $990,000, which was significantly under the $1,200,000 list price. In addition, we asked and received a $5,000 closing credit from our realtors since we had already purchased two properties with them in the past. The unique aspects of this house include views of the San Francisco Bay; an in-law unit downstairs with a separate entrance for multi-generational or tenant usage; huge private, terraced backyard and decks for entertaining; located in quiet cul de sac; plenty of off-street parking.We listed the home for $1,395,000, received multiple offers, and were in contract in 23 days. We ended up selling the home for $1,525,000, which yielded a profit of $150,000 to Bay Property Solutions!