$2M Condo. Active HOA. $250K Profit Delivered.

Location
La Jolla, CA
Status
Dispo

About

302 Prospect Street #6 wasn’t for the faint of heart. The property was steps from the ocean, beautifully maintained, and valued just over $2 million. But between the price point, a slim buyer pool, and a hands-on HOA, this deal could’ve gotten stuck in the weeds.

REsolve made sure it didn’t.

The investor had a clear renovation vision: opening up the floorplan, reworking the bathrooms, updating finishes. But before he’d move forward, he needed real answers. Would the HOA allow wall removals? Was mainline shutoff access going to be an issue? Could he do the work without triggering delays?

We got to work behind the scenes, fast.

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  • Gathered and reviewed CC&Rs

  • Coordinated directly with the HOA to confirm reno boundaries

  • Flagged potential issues: mainline shutoff, electrical routing, and structural changes

  • Delivered every answer to the investor’s team without lag

In this price bracket, holding costs crush margins. Every day counts. We moved quickly, kept the agent looped in, and gave the buyer full confidence to write a non-contingent offer.

The result:

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  • Two serious buyers
  • Sold for $75,000 over ask
  • Investor walked earning a 15% margin 

This one didn’t need a flashy marketing push or a dozen offers. It needed sharp communication, trust on every side, and the kind of coordination that keeps a tight deal on track.

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That’s REsolve.

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