Investor opportunity — full-gut flip
A 1945 Westwood bungalow at an entry price you won't see twice in Denver County. Full rehab required — that's the opportunity. Spread below, run your own numbers further down.
Video walkthrough current condition
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Full interior & exterior tour — scope it yourself before you offer
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Comps renovated small-SF, Westwood
| Address | Bd/Ba | SF | Condition | Price | $/SF |
|---|---|---|---|---|---|
| 935 S Lowell (subject) | 2/1 | 833 | Full gut | Inquire | — |
| 514 S Lowell Blvd | 2/1 | 747 | Renovated 2024 — active | $360K | $482 |
| 930 S Lowell Blvd (across street) | 2/1 | 728 | Original — est. value | $369.8K | $508 |
| 3392 W Exposition Ave | 2/1 | 607 | Reno'd 2020 — pre-foreclosure | $320K | $527 |
| Westwood median sold | — | — | All conditions | $392K | — |
Renovated small-footprint product in Westwood trades at roughly $470–530/SF. At 833 SF that supports a resale window of $385K–$400K. Average days on market in the neighborhood: ~50. Base-case ARV used throughout: $390K. Pull MLS solds within 0.5 mi / 6 mo before assigning.
Rehab scope 833 SF full gut
- Kitchen — cabinets, quartz, SS appliances$18–24K
- Bathroom — full remodel$8–12K
- Flooring — LVP/refinish throughout$6–9K
- Drywall, paint in/out, trim, doors$12–16K
- Electrical + plumbing updates (1945 systems)$10–15K
- Roof / HVAC / water heater allowance$8–14K
- Windows, exterior, landscaping, curb$6–10K
- Structural / foundation contingency$10–20K
- Budget range$78K–$110K · use $85K
Run the numbers drag to your offer
* All-in = purchase + rehab + 10% of ARV for holding, financing & selling costs. MAO = 70% × ARV − rehab. Estimates only — not an appraisal, inspection, or financial advice.
Exit strategies
1 · Fix and flip
Full gut to the renovated comp standard (quartz, SS, LVP) and resell into the $385–400K window. ~50-day average market pace in Westwood keeps holding costs predictable.
2 · BRRRR / rental hold
Renovated 2/1s in this pocket rent well. Refi at stabilized value and hold — Westwood's price trend and low entry basis favor long-term equity.
3 · ADU / expansion upside
ADU-friendly zoning in the area plus a typical ~6,250 SF Westwood lot opens a second-unit or bed/bath-add play that pushes value past the small-SF ceiling. Verify zoning before underwriting it.
Risks
- Cracked walls: foundation scope could blow past the $20K contingency. Get a structural inspection during due diligence.
- Small 833 SF / 2-bed product caps ARV; confirm whether a bed/bath add or ADU pencils before underwriting upside.
- 1945 systems: assume sewer line, knob-and-tube, and galvanized plumbing until scoped.