Case Studies

Building trust and confidence one property at a time. Our case studies showcase the value of having Wright Properties by your side.

3828 E Grand Ave

3828 E Grand Pomona, CA 91766

3828 E Grand Pomona, CA 91766

Prior rent - $950
Rehab budget - $30,000

When a tenant moves out of your property, we recommend taking that time to not just slap on a fresh coat of paint and call it a day. Take advantage and upgrade dated and worn out areas of the home like kitchens and bathrooms with new tile and granite which can be done at a reasonable price (increasing value for tenants and rents for owners) and fixing any foreseeable problems (decreasing deferred “emergency” repairs). Take care of your properties and they’ll take care of you in the long term.

3828 E Grand Pomona, CA 91766

3828 E Grand Pomona, CA 91766

Current rent - $1495

New kitchen design layout, cabinets, granite. New tub and tile surround and vanity for bathroom. Remove washer hookup from inside kitchen - Place in new laundry cover outside. Ceramic tile flooring throughout. New dual pane windows. Exterior painting. Copper re-pipe.

2738 Walnut Grove

2738 Walnut Grove

2738 Walnut Grove

Sometimes the best investment is right under your nose. Your own property may very well give you the best return. Instead of ONLY looking to sell and trade up, consider investing that additional capital in what you already have! ⠀⠀

*Multi-family 8 Units⠀⠀⠀⠀⠀⠀⠀⠀
*Previously valued at $1.2M

2738 Walnut Grove After

2738 Walnut Grove After

After rehab - appraised to $2.2M
⠀⠀⠀⠀⠀⠀⠀
*Rent per unit went from $900 to $1,650 per month
*Cash on Cash return: 15% Annual ⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀

This increased total cash flow by $6,000.00 per month while the expenses stayed the same.

708 E. Ruddock

708 E. Ruddock

708 E. Ruddock

2 bedroom, 1 1/2 bath apartment

Rehab budget - $17,000
Prior rent - $1150.00

708 E. Ruddock

708 E. Ruddock

Current rent - $1495
24.3 % ROI on Capital Investment

New kitchen cabinets, sink, appliances, granite countertops. New tub and tile surround and vanity for bathroom. New hard flooring throughout.

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