The Legend San Diego #409 for $529,000

May 6, 2013 By

The least expensive condo at The Legend San Diego has just hit the market and I wanted to blog about it today so those whom may be interested can contact us right away.  This condo is #409 and is listed for $529,000.  This is a 2 bedroom, 2 bath residence and features 1000 square feet of living space and boasts hardwood flooring, floor to ceiling windows, stainless steel appliances, granite counter tops, custom lighting, 2 parking spaces underground and a private terrace with views to the west of the Downtown San Diego Skyline.  Typically these condos only come with 1 parking space but this particular condo has a 1 year transferrable spot from Bosa, the developer.  It also comes with a fireplace and a storage unit.

The Legend San Diego #409 for $529,000

The Legend San Diego #409 for $529,000

It is difficult to find any good 2 bedrooms at this price at The Legend Condos San Diego or throughout the Downtown San Diego Real Estate Market.  It is definitely one of the best Downtown San Diego Condos on the market today.  The HOA fees for this condo are $838 per month and amenities include 24 hour security, concierge, state of the art fitness center, sauna, steam room, restroom facilities, barbecue area, pool, spa, community lounge and a 3200 square foot 7th floor party deck with firepits, TV, full kitchen and direct views right into Petco Park.  From this vantage point, it is like having season tickets to the Padres.

For further information on this condo of for other properties you may be interested in, the Downtown Condo Showroom is avaiable to help you with all of your real estate needs.

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The Mark San Diego #808 for $525,000

April 23, 2013 By
The Mark San Diego #808 for $525,000

The Mark San Diego #808 for $525,000

There is a new condo at The Mark San Diego, #808 for $525,000.  This is a 1 bedroom, 1 bath residence, approximately 739 square feet and features hardwood floors, custom lighting, stainless steel appliances, granite counters, paneled walls, exposed concrete, 1 parking space underground and a private south facing balcony with views of the Downtown San Diego Skyline and San Diego Bay.

I recently put #1208 into escrow for a little less than this price.  However, this is The Mark, which is more popular than most Downtown San Diego Condos.  Therefore, I could see this condo getting an offer for somewhere north of $500K.  There are a number of premium upgrades in the unit to justify a higher price point.  In fact, the MLS states $65,000 in upgrades, including built ins and motorized window coverings.

If you were looking to buy this as an investment property, it would rent for approximately $2600 per month.  The HOA fees for this particular unit are $644 per month.

The Mark Condos is one of the premier developments throughout the Downtown San Diego Real Estate Market.  It is located at 800 The Mark Lane in the heart of East Village, steps from Petco Park and the Gaslamp Quarter.  It was built by Douglas Wilson back in 2007 and represents 33 stories with a total of 244 condos.  Amenities include 24 hour security, concierge, fitness center, business conference room, pool, spa and grass knoll where you rent out croquet and bocce ball for afternoon fun.

For additional information on this condo or for a private showing, contact your Downtown Condo Showroom agent today!

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The Grande San Diego, #201 for $528,000

March 12, 2013 By
The Grande San Diego, #201 for $528,000

The Grande San Diego, #201 for $528,000

There is a new listing at The Grande San Diego, #201 for $528,000.  This large 2 bedroom, 2 bath residence is approximately 1336 square feet and features Brazilian Cherry hardwood floors, stainless steel appliances, granite counter tops, upgraded cabinetry, large windows, fireplace, 1 parking space underground and a large patio looking onto the historic Santa Fe Depot train station and the Downtown San Diego Skyline.  This is currently the lowest priced 2 bedroom at The Grande and should not stay on the market very long, especially with our historically low supply of inventory. I think this would work perfectly as a second home, investment property, or as a primary residence.

The Grande Condos San Diego was built in 2005 by Bosa Development and is one of the premier buildings located throughout the Downtown San Diego Real Estate Market.  Located at 1199 Pacific Highway, The Grande is situated in the heart of the Columbia District, also known as Millionaire’s Row.  This is going to be one of the most developed areas, and an investment today could surely pay off down the road.  The area is going through a revival, part of the North Embarcadero Visionary Plan, and there will be many new projects breaking ground here in the near future.  The HOA fees for this condo are $777 per month which includes 24 hour security, concierge, pool, spa, fitness center, sauna, steam room and a community lounge

For more information on this or any other Downtown San Diego Condos, contact your local Downtown Condo Showroom agent today and they would be happy to assist.

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The Mark San Diego Condos for Sale #1606 for $1,450,000

February 1, 2013 By

 

The Mark San Diego Condos for Sale #1606 for $1,450,000

The Mark San Diego Condos for Sale #1606 for $1,450,000

There is a new Downtown San Diego Condo at The Mark that has just hit the market and I wanted to take this opportunity to get it out to everyone.  The Mark San Diego has #1606, is a 3 bedroom, 3.5 bath, approximately 2360 square feet and features hardwood flooring, granite counters, stainless steel appliances, floor to ceiling windows, 4 parking spaces underground and a private patio with southern views of the Downtown San Diego Skyline, San Diego Bay, Petco Park and Coronado.  The reason this is so large is because it is a combination of 2 units that were purchased and put together.  With the 2 units combined to one you get not only the extra parking spaces (4), but also double HOA fees.  The HOA fees for this condo are $1420 per month.  Amenities in the building include 24 hour security, concierge, business conference room, state of the art fitness center, on-site general manager, pool and spa with cabanas and barbecue grills and an outdoor grass area for bocce ball or croquet.

The Mark Condos San Diego is one of the most popular developments throughout the Downtown San Diego Real Estate Market.  The Mark was built in 2007 by Doug Wilson, who was the first developer to come to East Village (Parkloft).  The building is 33 stories and contains a total of 244 condos.  The Mark is built with solid concrete and steel construction and has a very urban industrial feel to it.

For more information on this or any other Downtown San Diego Condos, contact your local Downtown Condo Showroom agent today.

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San Diego Real Estate Values Continue to Climb

January 31, 2013 By

 

San Diego Real Estate Values Continue to Climb

San Diego Real Estate Values Continue to Climb

The San Diego Real Estate Market continues to show signs of strength as studies prove increases in home values.  Consumers are extremely optimistic moving forward as prices in the County continue to surge upward.  Prices are actually up .9 percent in November from October, as tracked by Case-Shiller, and up 8 percent from a year ago.  As mentioned in an earlier blog, November marked the 10th straight month of home price gains for San Diego and represented the 5th straight month of year to year increases.

San Diego was 1 of 9 major cities to enjoy price gains which speaks to the strength of the overall real estate market nationally.  In fact, only New York City saw a drop in values on a year ago basis, down 1.2 percent.  The biggest gainer has been Phoenix, which was one of the hardest hit cities and now  has realized a 22 percent up tick in November as compared to the same month a year ago.  Las Vegas as well as Miami and Tampa are also making notable gains.  The regions that are not faring as well are the northeast and  industrial midwest.  A closer look at all the areas Case-Shiller has tracked, affirms that prices look basically flat at .1 percent gain from October to November, with an overall increase of 5% from the same month a year ago.

Owners of Downtown San Diego Condos and of course everyone who owns any Downtown  San Diego Real Estate wonder how these prices relate to prices historically speaking.  Well Case-Shiller analysts say San Diego’s current home prices have returned to fall 2003 levels, about 2 years before the market peaked.

 

 

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Downtown San Diego Condos for Sale, Palermo #236 for $279,000

January 25, 2013 By
Downtown San Diego Condos for Sale at Palermo #236 for $279,000

Downtown San Diego Condos for Sale at Palermo #236 for $279,000

There is a new Palermo San Diego Condo for Sale, #236 and the list price is $279,000.  It is a 1 bedroom, 1 bath and is approximately 658 square feet.  Prices have really shot up recentl,y not only in this building, but throughout the Downtown San Diego Real Estate Market.  I sold #544 about 6 months ago for $230,000 and that was one of the highest priced 1 bedrooms selling in the building at the time.  However, we are still not close to the peak of this market and this is still a very sound investment in my professional opinion.  We have #544 rented for $1650 per month in case you are considering it as in investment property.  The condo has granite counters, 1 parking space, a private patio and walk in closet.  This is also a traditional sale.

Palermo Condos San Diego are located at 1501 Front St. in the heart of Little Italy.   The development consists of 6 stories and a total of 230 units.  One of the greatest things about Palermo is that it has low HOA fees with good amenities.  The HOA fees for #236 are only $247 per month and the complex features a pool, jacuzzi, fitness center and community lounge.  From your condo you can walk to all the restaurants and shops in Little Italy, or go a little further down to the Embarcadero and enjoy the waterfront.  Either way, this condo at this price will not disappoint.

To schedule a showing or for more information, contact us today.  We are always happy to assist with all your Downtown San Diego Real Estate needs.

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What’s Happening in Downtown San Diego This Month?

January 19, 2013 By
What's Happening in Downtown San Diego This Month?

What’s Happening in Downtown San Diego This Month?

There are  number of events happening within the next month, and rather than just talk about Downtown San Diego Condos, I wanted to introduce these events to you in case you’re looking for some Downtown entertainment.

The first of these is the Bridal Bazaar, going on at the San Diego Convention Center, this Sunday from 10 AM-6 PM.  At this event, you will find aisles upon aisles of everything you would want to plan your wedding including 300 of the best wedding professionals in the area.  If you are looking for good ideas for that special date, come out to the Convention Center this weekend and check it out.  For more information, go to www.bridalbazaar.com.

Next is the 32nd Annual Martin Luther King Day Parade.  The parade begins at 2 PM this Monday at the San Diego Waterfront. Musical bands, floats, and drill teams will be marching up and down the Embarcadero from North Harbor Dr. South to Pacific Highway.  For more information, www.alpha-zsl.org/mlkdayparade.html.

Finally, be sure to not miss the San Diego Winter Brew Fest 2013, coming February 8th to the Port Pavilion at Broadway Pier.  This event will showcase craft beers from around California, live musical performances and plenty of food.  It will be open from 7 PM-10 PM, $40 for advanced tickets and $50 day of.  For more information on this event, go to www.sandiegobrewfest.com.

 

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East Village Condos for Sale, Park Blvd. East for $237,500

January 18, 2013 By
East Village Condos for Sale, Park Blvd. East for $237,500

East Village Condos for Sale, Park Blvd. East for $237,500

There is a new Downtown San Diego Condo for Sale at Park Blvd. East #115 for only $237,500.  This 1 bedroom, 1 bath condo is located on the first floor and features 646 square feet of living space, granite counters, hardwood floors, 1 parking space underground and a large, private patio.  The inventory of all Downtown San Diego Condos is extremely low right now, so this is a great opportunity to pick something up on the cheap.  This is also a traditional sale, so if you’re looking to close quickly, this could be a great situation for you.

Park Blvd. East is located at 1225 Island Ave. on the east end of the Downtown San Diego Real Estate Market.  It was built by DR Horton in 2005 and was one of the first buildings in East Village.  The HOA fees for this particular condo are only $369 per month, and the building features security, fob entry access and a jacuzzi.  From this condo you can walk to the Gaslamp Quarter, Petco Park and enjoy the night life of East Village in Downtown San Diego.

If you are interested in receiving more information on this or any other San Diego Condos, or for a private tour, please contact your Downtown San Diego Agent at the Downtown Condo Showroom today.  We are located at 715 J St. right across from Bub’s and are open daily from 9-6.  We look forward to serving all of your real estate needs.

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Downtown San Diego Homeless Shelter Close to Opening

January 15, 2013 By
Downtown San Diego Homeless Shelter to Open

Downtown San Diego Homeless Shelter to Open

Connections Housing is about to unveil its one stop shop, year round homeless shelter at the historic San Diego Athletic Club on the corner of 6th & A in Downtown San Diego.  The 14 story, $38M Center will house 220 people per night and is set to open in stages as early as this month.  It will bring with it more than 20 different agencies including a health clinic to act as a “one stop shop” for all homeless and homeless needs.

What separates this from most of the other homeless efforts in the past is that this will be a permanent housing solution, rather than the temporary winter tent program.

The building was used as the San Diego Athletic Club from 1928-1964 and in recent years was used as an office building, a publishing house and even served as the local World Trade Center.  Turner Construction, which built the Central Library and 1050 B Affordable Housing Project, has been working on the space for more than a year now and has spent approximately $24M to restore the 119,000 square foot building.  The developer is Affirmed Housing Group.

One of the interesting notes is they found the remnants of a 78 foot indoor swimming pool that they will turn into a dining room and kitchen area.

Many feel this is a step in the right direction to help and house our homeless, which estimates project the number of people sleeping unsheltered in Downtown San Diego runs in the hundreds and sometimes more than 1,000.

However, Connections will not be able to cover the enture homeless population.  They hope though that their example will persuade other neighborhoods to do the same.

Connections have been building a list of more than 400 people to decide who will be the building’s first inhabitants.  They will include those that spend most of their nights in the 1/4 mile radius of the building, then based on the most vulnerable.

This housing for the homeless may also reopen the ability of police to ticket homeless people for illegal lodging so long as there is an available bed in a shelter.

Connections Housing’s newest project should help Downtown San Diego’s homeless problem and help San Diego’s most helpless and in-need residents.

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Downtown San Diego Penthouses for Sale, Metropolitan #2601 for $1,250,000

May 24, 2012 By

If you are looking for one of the most exclusive condos throughout the Downtown San Diego Real Estate Market, I have the perfect condo. There is a new Downtown San Diego Penthouse for Sale at The Metropolitan, #2601 for $1,250,000.  This 2 bedroom, 2.5 bath condo is approximately 1584 square feet and boasts hardwood floors, granite counters, stainless steel appliances, custom backsplashes in kitchen and bathrooms, 2 parking spaces underground and a private balcony with views of San Diego Bay and the Downtown San Diego Skyline.

The Metropolitan San Diego #2601 for $1,250,000

The Metropolitan San Diego #2601 for $1,250,000

The Metropolitan is one of the most coveted Downtown San Diego Condos on the market today.  It is atop the Omni Hotel and represents one of the 36 ultra-luxury retreats.  Residents are pampered with concierge service, full-time security, private entry, lobby, elevators, parking, exclusive 22nd floor pool, hot tub, bbq, & “rooftop backyard.”  They are also served by staff and amenities of the top-rated omni hotel, including use of hotel pool, fitness center, room service, laundry, housekeeping, catering, valet parking, business center,sky-bridge petco park access & $120 per night OMNI room rates for guests.  The HOA fees are $1480 per month but considering the aforementioned amenities, they come with a tremendous amount of value.

This is also a traditional sale so the good news here is that there would be no haggling with banks or dealing with asset managers.  The Downtown San Diego Condo Market is on fire right now and inventory is at a 10 year low.  Condos like this do not come on the market very often so if you are interested, contact me today.

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