2400 E.Katella Avenue, Suite 800 Anaheim, CA 92806
Since 1989
Since 1989
1 (844) 292-3700

Investors

"Since 1989"

1st Choice Design & Development appreciates the opportunity of working with investors and real estate professionals. As investors ourselves, we offer a unique perspective on development strategy and construction. We're able to work with our investor partners in a number of unique ways and financial structures. Our team handles entire projects from initial walkthrough, to an exceptional an exceptional finished product.

Investment Opportunities

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1st Choice Design & Development is currently working with investors on partnership and joint-ventures. Investors can now minimize the effort and risks associated with all types of construction, conserving valuable resources.

Fix & Flip properties requiring extensive remodeling, construction or repairs can potentially yield great returns. The addition of one or more ADU's, plus additional strategies may be employed to maximize profits. In many cases, investors walk away from certain deals requiring extensive construction work. By partnering with 1st Choice Design & Development, investors can safely and confidently access deals requiring even the most extensive construction work.

Development Services

Detached, Single-Family Coastal Home

Development Case Study

Project Description

This amazing Marina Del Rey property is currently under development. The original single-family, detached home consists of 1,161 square feet, 2-bed, 2-bath with a 2-car garage of 370 square feet. The development plan for this property involves maximizing the lot by constructing an ADU. The 1,065 square foot, 2-bed, 2-bath detached ADU, with 525 square foot rooftop deck offers 360 degree views! Walkable skylights provide natural light for the master bedroom and the loft/office space. The anticipated completion date is August 30th, 2021. Check back to view project updates!

Original purchase price - $1.43M
Price per square foot - $1,200
Rental income - $5,000/m
Development costs - $350,000
(1,065 square feet ADU @ $320/ sq. ft.)
525 sq. ft. rooftop deck, walkable skylights
Est. property value upon completion - $2.67M
Less total cost of project - $1.78M
Est. appreciation upon completion - $890,000
Est. rental income upon completion - $9,000/m
Est. cashflow upon completion - $3,000/m
Original purchase price - $1.43M
Price per sq.ft. - $1,200
Rental income - $5,000/m
Development costs - $350,000
1,065 square feet ADU @ $320/ sq. ft.
*add 525 sq. ft. rooftop deck, walkable skylights
Est. property value upon completion - $2.67M
Less total cost of project - $1.78M
Est. appreciation upon completion - $890,000
Est. rental income upon completion - $9,000/m
Min. est. cashflow upon completion - $3,000/m
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Contractor Walkthrough