After setting aside $35,000 for closing costs and commission, Anstead and El Moussa have a break-even price of $830,000. While Flip or Flop is definitely a big part of both Tarek El Moussa and Christina Anstead's lives, some fans might assume that El Moussa is only in it for the cash or clout, but that's far from true. In the area in front of the fireplace, he made sure to get tables with wheels so he could roll them out of the way to make space to wrestle with his kids. Were kind of surprised to see carpeting in there too. Once the recession hit, they downsized to a $700-per-month apartment rent (with a roommate), and sold their luxury cars for more modest ones. Season 9, Episode 8. Tarek and Christine suspect they may have bought a money trap after discovering some illegal modifications on a house. They were also living off of shared Subway footlongs, according to the Orange County Register. Also, Roth IRA intricacies. Massive shifts in narrative tone. According to Realtor.com, they purchased the property on December 30, 2013, for $2 million. The HGTV star recently purchased a gorgeous Tennessee farmhouse to enjoy with her children. I've seen some of the houses of the show on google street view but in this one the address wasn't mentioned, just that it's in Whittier, CA. Just in case you watch HGTV home reno shows to educate yourself, The Flipping El Moussas also gives viewers real estate and house flipping tips they may need in real life. Hearst Magazine Media, Inc. All Rights Reserved. Scroll to see inside the 5-bedroom, 9-bathroom estate at 19917 Trotter Lane, complete with a gym, home theater, and one seriously over-the-top outdoor space. to invest in a house. $1,099,900. $841,000. People may receive compensation for some links to products and services on this website. Required fields are marked *. If only all of us had that magic Tarek and Christina touch. Claim your home to stay up-to-date of your homes value and equity. A post shared by Tarek El Moussa (@therealtarekelmoussa) on Jan 29, 2020 at 4:32pm PST. Tarek and Christina team up with their friend Pete De Best on a house in Yorba Linda, CA. Tarek added, "We are ecstatic that we will flip some next-level homes in spectacular locations, all while getting to spend more time together as a family.". They also created an outdoor-indoor living feature with a set of glass doors that completely opened from a loft. It traded for $2.074 million. Where Was "Daisy Jones & The Six" Series Filmed? Flip or Flop Paradise is an upcoming television series airing on HGTV hosted by real estate agents David and Chenoa Rivera. Flip or Flop stars Tarek El Moussa and Christina Anstead are used to taking some big risks with their flips, but the renovation on the latest episode has us wondering if The multi-level home is tucked away in the gorgeous Newport Beach area. However, when they discover an unpermitted addition, they are faced with a dilemma of bringing the addition up to code or tearing down the nicest part of the house. However, this black and white farmhouse ends up being expensive, and the flippers end up spending $170,000 fixing it up. And luckily, they don't have to. )," he wrote. It seems buyers love El Moussa and Ansteads new design, because they get seven offers, which starts a bidding war. The property seems like a good deal, but they'll quickly need to get everything perfect to take advantage of this fast-moving market. A source told The Post that The TV personality made the huge decision to end Flip or Flop, after ten seasons of house the former Flip or Flop headliner will still be staying in The full address for this home is 8222 Mary Ellen Avenue Apartment 1, North Hollywood, California 91605. And, while some HGTV home renovation and real estate shows travel outside of various states, it would make sense if Tarek and Heather prefer to keep the show in one area. The Most Profitable Project In Flip Or Flop History, false things about Flip or Flop you can stop believing. A grand coastal escape located in Newport, Rhode Island. 'Flip or Flop': You'll Be Surprised by What Tarek and Christina Disagree On the Most, The Property Brothers Encounter a Kitchen Design Travesty To Never Commit, 'Bargain Mansions' Reveals How To Glam Up a House Without Big Bucks. Im a better brother than Ive ever been. Country living! 2023 SheMedia, LLC. Rachel Luna/Getty Images. Read More: Best Home Improvement Shows on Netflix. As costs mount and the open house looms, Tarek and Christina have to hustle to make a profit out of this flip. After nine months of dating, Young and El Moussa sold their respective places and moved into a rental in Newport Beach, CA. The episodes of the home improvement show are regularly filmed in and around Newport Beach, a town in Orange County thats known for its pristine sandy beaches and great surfing locations. These damaged, dirty and auctioned properties are now luxurious homes. So they agree to replace the fireplace, albeit in an inexpensive way. Specs 4,804 square feet, 5 bedrooms, 5 bathrooms. The only problem is that this home looks just like every other house on the block. The 36-year-old real estate expert has owned property both on land and at sea. Another beautiful rehab completed by HGTV's Tarek . It was also sold incredibly fast - and only on the market for four days. However, he didnt back down and instead took out an $800,000 loan and moved in. Flip location: Orange, California Note: All costs and profits on this flip were split 50/50 with Pete de Best. According to HGTV, the series premiere features a home in Silver Lake in Los Angeles and a renovation that requires a complete overhaul of the floor plan. After investing $593,800 and selling the back lot for $250,000 and the house for $567,000, Christina and Tarek made a tidy $198,200. In 2013, they purchased the six-bedroom home located at 19917 Trotter Ln in Yorba Linda, CA, where they would continue to grow their family and careers with HGTV. Discovery, Inc. or its subsidiaries and affiliates. It will premiere in April 2018 and be held in Paradise, California. Distractify is a registered trademark. They want to appeal to trendy Los Angeles buyers by preserving the historic architecture, but the home's inconvenient distance causes unexpected issues during renovations. But for those who are curious, where is The Flipping El Moussas filmed? Tarek and Christina take on a huge project with an elaborate Spanish design that has proven to be difficult and costly in previous flips. With no money for furniture, I ended up living in an empty house for nearly nine months," he wrote of the home, which he referred to as a "disastrous mistake.". All rights reserved. He'd end up selling his man cave and move into an apartment with her. Buy, fix, and sell houses with a click of your mouse in House Flip! There are plenty of false things about Flip or Flop you can stop believing, but the profits are very much real, from a paltry (by comparison) $90,000 for a Season 2 property in Garden Grove, California, to the biggest payout of them all thus far. The finished half-bath, though small, adds extra value. These flippers want to make this home stand out, so they go with a black and white, modern farmhouse look. One half of HGTVs former Flip or Flop couple, Tarek El Moussa, recently moved into his own home after separating from his wife Christina over a year ago, and E! Back in 2018, Tarek El Moussa bought a quaint little house in Costa Mesa, California (and by little we mean 3,000square feet) for $2,280,000 after his split from now ex-wife Christina Anstead but . LISTING UPDATED: 01/05/2021 08:22 AM. The house at 211 Nyes Place in Laguna Beach is expected to be featured on HGTV's 'Flip or Flop.'. Former couple Tarek El Moussa and Christina Haack took their final bow on Flip or Flop during its series finale on Thursday (March 18). Tarek and Christina flip a house with a weird vibe in Anaheim, CA. Anstead and El Moussa had bought this home for $625,000, thinking theyll need to spend only about $110,000 on renovations. Location Dana Point, Calif. Price $10.3 million. It has a space for rent on the back. On land, El Moussa moved into a four-bedroom home in Costa Mesa, CA that was a few blocks away from Anstead's new home post-split. Tarek and Christina decided to turn the house back into a single-family home, and they flexed their skill as flippers throughout the episode, transforming the formerly rundown home into a glamorous beach house, even adding an additional bathroom to the space in the process. "We used to come down here like 10 years ago and eat at this restaurant right around the corner," she said, smiling. A good flip will set the bar for the neighborhood, and a bad flip will leave them with minimal profits. Dana Point dream: Built in 1979 and brought straight into 2019, this four-bedroom, 2.5-bathroom home has a new kitchen, bathrooms, roof, and AC . Share. El Moussa, 39, reportedly lashed out at his ex-wife and co-host, TMZ first reported . Chip and Joanna Gaines may be famed for popularizing the modern farmhouse look, but it appears that Christina Anstead and Tarek El Moussa have copped a similar style on the latest Flip or Flop. And we dare say its better than the original! California real estate developer Tyler Drew memorably described the property to Realtor as, "Gaudy, over-renovated, and backing up next to a hill that catches on fire every five years. When Flip or Flop ended in 2022, fans weren't quite ready to say goodbye to the HGTV powerhouse Tarek El Moussa. In order to take advantage of a hot market, Tarek and Christina plan a quick flip for a small house on a big lot. 2.5K. Want to know more about Tarek El Moussa, solo? Lot Size .54 acres. The exes reminisced on the series as they flipped a beach house together. After nine months of dating, the Flip or Flop star, 38, and Selling Sunset realtor, 32, were ready to say goodbye to the Costa Mesa, Calif., Social. View more property details, sales history, and Zestimate data on Zillow. His Single Dad Pad. The first season alone is full of high-end flips in various neighborhoods in the area. From beach-inspired apparel, coastal casual home decorations and, of course, flip-flops, the Margaritaville Store is your one-stop shop. Especially when the rabble's nipping at your (shapely) butt. Press question mark to learn the rest of the keyboard shortcuts. The finale showed Tarek and Christina working on a 2,200-square-foot duplex home they purchased for $925,000. The Flip or Flop stars spent two years (and a whopping $1.5 million) renovating the 6,366-square-foot mansion in Yorba Linda, CA. "We'll have some battles of budget versus design choices, but in the end it will make us stronger in business and in life as we navigate our busy lives as we await our new baby boy," Heather shared. Tarek & Christina go outside their comfort zone flipping a historic $1.1 million Spanish revival house in Hollywood where holding on to traditional elements . The new fireplace is inexpensive, but it looks sleek, especially against a black wall. And after only about a month on the market, the flippin' massive mansion has officially been sold, reports the Los Angeles Times! A post shared by Tarek El Moussa (@therealtarekelmoussa). This is a flop, hands down." These two end up accepting an offer for $1,013,000, which means they net a profit of $183,000. As Tarek and Christina walked up to the house to take a look at it before purchasing, Christina remarked on experiences they had when they were married in the neighborhood.