Issue #166July 20, 2026
Bay Area Luxury Flips — Orinda $618K Profit + San Jose Speed Flips + Pleasant Hill Full Gut
four high-end bay area fix and flip plays. an orinda luxury wholesale at $1.73M targeting $3.5M ARV with ~$618K profit, two east san jose speed flips under $1M with 4-month holds, and a pleasant hill full-gut at 102% ROI if you buy it right. Every deal in this issue was found by Acora.
LUXURY ORINDABEST ANN. ROIFULL GUT PLAYSPEED FLIP
LUXURY ORINDA8.7/10
5 Oak Flat Rd, Orinda, CA 94563
fix & flip · luxury wholesale$1,732,000
UNDERWRITING
Cash to Close
$225,160
Total Profit
$617,606
ROI
133.9%
Annualized ROI
133.9%
ARV
$3,500,000
Rehab Est.
$687,500 (contractor-confirmed)
Holding Period
12 months
Key Comps
$3.0M – $4.4M Orinda
FINANCING
Loan
~$2,245,000 @ 9.95% IO, 1 yr
LTC
92.8%
Cash to Close
$225,160
OPPORTUNITY
Found by Acora. Orinda luxury wholesale (not affiliated with us) at $1.732M with a contractor-confirmed $687.5K rehab — foundation reports show OK, so the real range may tighten to $600–650K. ARV $3.5M is supported by 15 Cascade Ln ($4.4M), 8 Oak Arbor Rd ($3.975M), 5 Del Mar Ct ($3.4M), and 46 E Altarinda Dr ($3.0M). $225K cash in for roughly $618K projected profit and 133.9% ROI on a 12-month hold.
RISK
Luxury flip execution is unforgiving at this scale. Twelve months of 9.95% interest-only debt is real drag. Confirm clean wholesaler title chain and that finishes will match the $3.5M+ Orinda buyer. You need a GC with East Bay luxury track record — C-grade work will not get Orinda prices.
VERDICT
Highest dollar profit in this batch. Experienced operator + luxury GC only. If foundation stays clean and finishes hit grade, the spread is real.
BEST ANN. ROI8.4/10
1834 Macduee Way, San Jose, CA 95121
fix & flip · speed$899,999
UNDERWRITING
Cash to Close
$117,000
Total Profit
$138,146
ROI
91.4%
Annualized ROI
274.2%
ARV
$1,325,000
Rehab Est.
$155,500
Holding Period
4 months
Notes
Cosmetic + full interior; no AC
FINANCING
Loan
~$966,000 @ 9.95% IO, 1 yr
LTC
91.5%
Cash to Close
$117,000
OPPORTUNITY
Found by Acora. East San Jose quiet neighborhood with decent area fundamentals. Just under $900K purchase, $155.5K rehab, $117K cash in, $1.325M ARV, and about $138K profit. 91.4% ROI and 274.2% annualized on a 4-month hold — best velocity in the issue. Exterior landscape is already in good shape, so capital concentrates on the interior remodel.
RISK
No AC (heater only) is a real end-buyer objection until you install it — put it in the rehab budget. A full interior in four months is tight if permitting or GC scheduling slips. Keep ARV comps block-tight; do not stretch on citywide averages.
VERDICT
Best annualized return and cleanest speed thesis in the batch. Install AC, hit finishes, and this moves. Found by Acora.
FULL GUT PLAY8.0/10
23 Oakvue Ct, Pleasant Hill, CA 94523
fix & flip · full gut$825,000 (must buy below ask)
UNDERWRITING
Cash to Close
$107,250
Total Profit
$169,084
ROI
102.2%
Annualized ROI
204.4%
ARV
$1,400,000
Rehab Est.
$253,000 minimum
Holding Period
6 months
Notes
Full gut; heavy permits; offers soon
FINANCING
Loan
~$995,000 @ 9.95% IO, 1 yr
LTC
92.3%
Cash to Close
$107,250
OPPORTUNITY
Found by Acora. Great Pleasant Hill pocket with a large lot. At an $825K basis with a $253K minimum rehab (full interior, full exterior, new roof, new backyard deck), you get $107K cash in, $1.4M ARV, about $169K profit, and 102.2% ROI / 204.4% annualized on a 6-month hold. Finished product in this area sells — the basis is the whole deal.
RISK
Property needs everything and permits are heavy. Listing agents are smoking at the current ask — this has to be bought well below asking. Offers are due very soon. If you pay near ask, the spread compresses fast. Walk it with your GC and price the permit path before you write.
VERDICT
Strong full-gut only if negotiated correctly. Do not chase the ask. Lowest cash in of the batch when the basis holds.
SPEED FLIP7.6/10
3382 Mount Madonna Dr, San Jose, CA 95127
fix & flip · speed$905,000
UNDERWRITING
Cash to Close
$117,650
Total Profit
$74,675
ROI
49.3%
Annualized ROI
147.9%
ARV
$1,275,000
Rehab Est.
$170,500
Holding Period
4 months
LTC
91.6%
FINANCING
Loan
~$985,000 @ 9.95% IO, 1 yr
LTC
91.6%
Cash to Close
$117,650
OPPORTUNITY
Found by Acora. East San Jose entry at $905K with $170.5K rehab and $117.7K cash in. ARV $1.275M yields about $75K profit — thinner absolute dollars than the rest of this issue, but 49.3% ROI and 147.9% annualized on a 4-month hold keeps capital velocity high under a 9.95% interest-only hard-money structure.
RISK
Thinnest profit cushion in the batch. Overruns of $20–30K or a soft ARV erase most of the edge. Every extra month of 9.95% interest eats the return. Underwrite comps tightly and stay on scope.
VERDICT
Legitimate speed flip for operators who stay on budget. Not the hero deal — a clean secondary if you want Bay Area exposure under $120K cash.
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