Home » Archive by Category "March 2009"

East Village by Type of Sale

downtown-san-diego-real-estate/east-village-by-type-of-sale/415/


East Village by Type of Sale

East Village had a lot of activity in February with a total of five Resales, seven REO sales and seven Developer sales. Leading the pack, Element and Metrome each had two Resales. M2i had the most REO sales with two. Icon had a large number of Developer sales with five due to incentivized pricing and marketing over the last few months.


Columbia District by Type of Sale

downtown-san-diego-real-estate/columbia-district-by-type-of-sale-2/411/


Columbia District by Type of Sale

The February graphs are in! We’ll start last months analysis with the Columbia District. Sapphire Tower was the only complex that saw any Developer sales, with a total of one. Both the Grande North and South saw one Resale each. The Grande North was the only complex with an REO sale, totaling one.


Featured Property: The Grande South #501

downtown-san-diego-real-estate/featured-property-the-grande-south-501/408/


It is hard to forget something that just looks and feels right when you see it. The Grande South #501 offers that experience at a price point that puts you into more square footage at a reasonable price. The 1684 sq ft layout is far superior than most 2+den condos in downtown in that it has a generous amount of room definition, closet space, water & cruise ship views and lots of natural light.

The Grande South #501 is the lowest priced condo in either the Grande South or The Grande North with this spacious floor plan. This particular condo has beautiful cherry wood flooring & cabinetry in addition to audio wiring that allows any sound system to be heard throughout the condo. The Grande South also comes with 2 parking spaces and a storage area.

The Grande South 501 is located in one of downtown’s premier waterfront properties. Walk into a community full of luxury amenities including an 80+ ft lap pool, jacuzzi, sauna, steam room, fitness center, amenity room with a flatscreen/pool table/catering kitchen, 24/7 security, concierge staff, and onsite property management.

The Grande South community is situated in the prestigious Columbia District. In terms of value-add and property appreciation for the future, The Grande South couldn’t be more ideally situated across the North Embarcadero ~ downtown’s most accessible portion of the bay often referred to as downtown San Diego’s “front porch.” Check out our blog about the North Embarcadero Visionary Plan. According to an update from CCDC last week, there will be a shovel in the ground on this new project by November 2009! Check out all of the of the latest details about the NEVP by clicking here.

Take a look at the virtual floorplan and hover over the camera icons inside. You will see multiple camera angles of this property. The Grande South #501 is beautifully staged to accentuate the functionality of this large condominium at an affordable price. Come see it for yourself!


Featured Property: The Grande South Townhome #102

 

So you are thinking about parting with the big house and all of its expense in the suburbs and starting a new life downtown but you cant quite get your arms around living in a one-story condo several hundred feet off of the ground and riding an elevator to your front door.

PROBLEM SOLVED!!!

Welcome yourself home at The Grande South Townhome 102. Wander around 1956 square feet of living space over 3 levels, 2-and- a-half baths and 2 bedrooms plus a 3rd floor bonus room for your office, family/movie room or 3rd bedroom. This square footage does NOT include two oversized outdoor patios and a private ground floor terrace for your outdoor table, lounge furniture, water features and garden.

But what will it be like to not have a pool, a hot tub and a grill in your backyard? This townhome has ALL three in the backyard PLUS a full fitness center, steam room, and dry sauna!!! Sounds pretty ridiculous, huh? Not at the Grande South. As a townhome owner, all of these amenities would be just steps outside your front door.

Speaking of front doors, Townhome 102 has TWO of them! One has a private gated entry from the street with an intercom that can identify your guests arriving. The other faces a perfectly landscaped garden trellis corridor. No gardener needed. The gardener, the pool boy and the janitorial staff that maintains the fitness center, sauna and steam room are all PROVIDED by the Grande South Home Owners Association. They also provide a concierge to handle all of your packages, drycleaning, taxi cab calls and reservations. 24/7 on-site security and property management makes sure the Grande South maintains its beauty and exclusivity.

And heres something your suburban home doesnt have: a CRUISE SHIP in your backyard!!! Stand on the west facing balcony to see the many cruise ships and other yachts that pull into San Diego Bay.

As the owner of the Grande South Townhome 102, there is no roof to maintain, no garage to clean, no grass to mow and no hedges to trim. Heck, you might even stop DRIVING on the weekends! The Grande South is perfectly situated for morning and evening walks along the bay, catching the ferry to Coronado, a stroll down Little Italys restaurant row, or a quick run to Starbucks. Need to catch the train to north county or LA? You wont find a property that is closer to the historic Santa Fe Depot – right next to San Diegos Museum of Modern Art.

This particular townhome is rare. It is one of only three that overlook the pool. It is also highly upgraded with additional espresso colored cabinetry, shelving, a wetbar, and many audio/visual components. Grande South Townhome is being sold completely furnished.

The Grande South community is situated in the prestigious Columbia District. In terms of value-add and property appreciation for the future, The Grande South couldn’t be more ideally situated across the North Embarcadero ~ downtown’s most accessible portion of the bay often referred to as downtown San Diego’s “front porch.” Check out our blog about the North Embarcadero Visionary Plan. According to an update from CCDC last week, there will be a shovel in the ground on this new project by November 2009! Check out all of the latest details about the NEVP by clicking here.

Take a look here at the virtual floor plan and hover over all of the camera icons on the floor plan map. You will see multiple camera angles of this property. The Grande South Townhome is a MUST SEE. Call us to schedule your tour today.


Featured Property: #2006 at the Legend

downtown-san-diego-real-estate/featured-property-2006-at-the-legend/407/


From the moment that you enter the lobby of The Legend, you can feel the contemporary elegance of one of the most unique complexes in Downtown San Diego. Very rarely do I get the to present such an attractive listing price for a unit on the 20th floor with such open square footage and views. This urban home has been priced to sell quickly. Unit 2006 is the lowest priced per square foot of any two bedroom units over the 15th floor in all of the East Village. When you are first introduced to this urban home, the professional and contemporary design represents the urban luxury feel that seems so appropriate in an elegant “View” unit. As soon as you walk to the balcony and living room windows, the 20th floor skyline and bay view represent the “WOW” factor that every urban investor is looking for. The luxury details and upgrades provide the foundation of value: cherry wood floors, granite counters, SS appliances, walk-in pantry with wine fridge, contemporary window coverings, and CA Closet storage, custom lighting and pre-wired flat screen TV.

BOSA was awarded the right to build The Legend because of his past developments and luxury contributions to Downtown San Diego. As a result, The Legend is the only residential community within a National League Ballpark. Additionally, it is argued that The Legend amenities are some of the best in Downtown San Diego. They include a resort style lap pool and spa, sauna, steam room, fitness center, concierge service and 24 hour security at parking entrance. The 7th floor roof deck and community room features a fire-pit lounge, BBQ, outdoor TV, as well as indoor entertaining area with kitchen and TV!


Slight Increase in Median Home Price

downtown-san-diego-real-estate/slight-increase-in-median-home-price/403/


Slight Increase in Median Home PriceSan Diego saw a slight increase in median home price in February in addition to upward movement of other indicators which gave some hope for a stabilizing market. The Union Tribune’s article: Housing data has glint of stability, and the above chart delve further into the topic of stabilizing prices.