An updated exterior, full interior remodel, expanded patio and new deck helped Jessie and Tina realize a profit of around $194,000 on this property. As seen here on the newly refurbished guest house, a bold color palette of dark charcoal with mustard-yellow trim gives the home a distinctive look that's well suited to the eclectic vibe of this revitalizing LA neighborhood.

The home was built in 1920, had two bedrooms, two baths, sat on a large lot and was about 1500 square feet. Jessie and Tina purchased the property for $499,000 with plans to invest about $150,000 in upgrades. Prior to the renovation the house was in serious disrepair and was badly lacking in both privacy and curb appeal. It was covered in metal siding, had a non-original add-on porch overhang and the landscaping was badly overgrown.

As seen with the structure next door, a number of the neighborhood's vintage homes have been torn down and replaced by new construction. For this home, though, Tina and Jessie were determined to retain and restore the original architecture while still updating the home to appeal to contemporary buyers. For the front exterior they added a privacy wall and extended the patio forward for a large but private outdoor space. For the open house, Tina staged the home to emphasize the its potential for indoor/outdoor living.

A second structure on the property had been vacant for more than 40 years and, as seen here, was badly deteriorated. If salvageable, however, it could serve as a guest house or rental unit — potentially escalating the home's overall value.