Home Buying in Pacific Beach>Question Details

Jocey, Home Seller in Daly City, CA

Condo/Apartment buying in Pacific beach/ UC San Diego Area

Asked by Jocey, Daly City, CA Sat Jan 17, 2009

Hi, I am thinking of visting San Diego area in the next few weeks and particularly interested in the PacificBeach/ La Jolla condo/ apartment. I am looking for 1 to 2 bedroom apt with high renting potential. What is the going price right now for these apts and is it a good time to buy?

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9
Maureen Hanley’s answer
Hi Jocey,

If you haven't found what you are looking for please give me a call or email. I would love to help you find the right property.
I agree that Pacific Beach/LaJolla might not give you the most bang for the buck but there are areas of town that will. If you are convinced that is the area you want you may want to consider a different type of property. Single family rentals are still in demand. Townhomes a bit removed from the beach area may also do well as long term rentals. Also, new properties are coming on the market and there may be some condos that have the return you are looking for.
Hope your visit is wonderful, San Diego is an amazing place, and do call if I can be of further assistance.

Maureen Hanley
mhanley@sd-realtor.com
619-608-6167
0 votes Thank Flag Link Mon Feb 25, 2013
Good Morning Amy,

Please feel free to search our website http://laurakelley.yourkwagent.com/ for your property and other references. Our team focus is in the area that you are interested in and we have many properties for sale. Many sellers are looking to make end of the year deals.

Give me a call so I may introduce myself @ 619-985-3362.

Looking forward to working with you,

Laura
0 votes Thank Flag Link Mon Nov 8, 2010
Jocey,

Did you find the apartment? I am looking for a condo/townhouse in same neighborhood. Wonder if you could recommend an agent.

thanks,

Amy (Sunnyvale)
0 votes Thank Flag Link Mon Nov 8, 2010
Hi Jocey,

Im orginally from So.City. Maybe i can help in your search when you come to SD. Who knows we might even know the same people.

Ive been selling real estate in SD for over 8 years and can provide Bay Area and San Diego references..

We can definetly find you a spot in PB or MB with the ROI you are looking for..

Thanks and welcome to Paradise.
Web Reference: http://www.renter2buyer.net
0 votes Thank Flag Link Mon Jan 26, 2009
Hi Jocey, My name is Jan Magot and I live in PB and my office is in LaJolla. Please let me know when you will be coming to town. I would be happy to meet with you and give you the information you are looking for at that time. Our prices are definitely at a point that makes buying very attractive. Look forward to working with you. Jan Magot
0 votes Thank Flag Link Sun Jan 18, 2009
Hello Jocey,

I work with real estate investors looking to buy property in San Diego County. Nothing in Pacific Beach or La Jolla will provide positive cash flow with 20% down. However, there are some really good opportunities around SDC. For example, you could buy a 3 bed 2 bath condo for $100K that easily rents for over $1300/month. With 20% down your rent will pay for your principal, interest, taxes, hoa, insurance, property management fee, 5% vacancy allowance, $500 maintenance, and give you about $200/month positive cash flow.

How does that sound? Regardless, you can call and ask me as many questions as you need. I am very knowledgeable and like to help.

Nick Rhea, MBA, Broker
President
Bombora Investments, Inc
619-886-2004
nick@bomborainvestments.com
0 votes Thank Flag Link Sat Jan 17, 2009
Right now is an excellent time to buy. I've had customers find condos in San Diego for as low as 80k.

I am a mortgage broker. If I can be of further assistance, please let me know.

Martin Smith

Precision Funding
877-238-6324 Ext 704
513-536-7184
877-238-6324 FAX
MSmith@PrecisionFundingUSA.com
http://www.PrecisionFundingUSA.com
0 votes Thank Flag Link Sat Jan 17, 2009
Hi Jocey,

There are a great bunch of buys in the UTC/La Jolla Area and great rental potential as those areas near the College will never go unrented. I specialize in Bank Owned/Foreclosed/REO properties and would be happy to help you find a great deal. Please feel free to visit http://www.downtownREOs.com, I currently have a condo in UTC listed for sale $175,000 that would be perfect for an investment unit. Please feel free to contact me with any questions you might have.

Sincerely,
Katrina Hamilton
Direct: 858-405-4407
Web Reference: http://www.downtownREOs.com
0 votes Thank Flag Link Sat Jan 17, 2009
Jocey,
Take a look at these in La Jolla from $100,000 to $400,000 and with recreation facilities. This price range may be better as a rental.
http://www.realtor.com/search/searchresults.aspx?sby=1&s…
These are homes in the Pacific Beach area (some are out of the area - sorry it is Realtor.com)...
http://www.realtor.com/search/searchresults.aspx?sby=1&s…
The best thing you can do is get connected with a good buyers agent in that area since it shouldn't cost anymore to use their expert advise. Try Jan Magot with Willis Allen at 619.972.9970 or e-mail jmagot@willisallen.com . She is excellent.
0 votes Thank Flag Link Sat Jan 17, 2009
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