How many 2300 sq-ft house in 91910 w/ only 7500 sq-ft NO-view lot can fetch $760k?[/quote]
AN, I didn’t see any on SDLookup SOLDS but I think you might be trying to compare apples to oranges here.
A lot of the housing stock in 91910 (north of H St. and west of 805) are fixers. There are not many family-type “bread and butter” properties, as you call them, near dtn. CV. Most of the orig. built 1800+ sf properties in the western portion of 91910 are located south of H St.
The “coveted” properties near dtn. CV on 1+ AC lots, such as these active listings, don’t come up the market very often, for good reason – PRIVACY. In addition, they are located just over ONE MILE from the bay, which spells “cool breeze.”
Here’s a light fixer on the same st. I’ve was inside a few yrs. ago and it’s in relatively good shape. Needs new appls. and deck repair. Over 1 AC lot/2 levels.
Whoever got this fixer got an AWESOME deal. It’s in GREAT cond. on the outside and has a 120 ft. long driveway.
Do any Piggs have REALIST around here? I would venture that these were both ALL-CASH deals.
The above properties, a “move-on” and “custom” are less than one mile from each other. Look at the diversity. Then add your 777SF “short-sale hopeful” on 2nd and G (7 min. walk to Carvalos St. and 5 min. walk to 333 Hilltop) to this pile and there you have it. A mishmash of non-homogenous properties. I’ve seen two properties with atriums in the middle of the step-down ‘60’s LR (yes, complete with dirt, recirculating fountain and real trees) and brass intercom system in the middle of this ‘hood. Dtn. Chula cannot even be compared to PQ. It is a completely different market. The small tracts here are mostly WWII boxes. Many are completely remodeled.
[quote=AN]I guess the big recurring theme here is that for almost all of the older areas around Chula Vista, the housing stock is VERY diverse. You have $200k starter homes all the way up to $2M custom homes.[/quote]
Now you understand, except make that $200K to $4M.
If you want 70’s or 80’s built without MR, you will have to go to East J St. (E. of 805). Part of north side has great views but entire area suffers from high power lines. If you are willing to pay MR (and sometimes street bonds) then go to Rancho Del Rey (RDR), north and south of East H St.
If you are willing to pay about $100 mo. HOA then go to Terra Nova. This SOLD has one of the few unobstructed full views of dtn. SD in the subdivision!
Back to your $895K McMansion (3725 SF) on Watson Ranch St. in PQ, did you notice it has exorbitant MR? This figure probably does NOT include mo. street bonds or HOA. And how do you park a vehicle in front of one garage door and still drive into the other garage?? We used to laugh about McMillin’s “space-saving-tandem” design in Otay Ranch. For these reasons, Watson Ranch St. did GREAT to fetch $895K, IMO. Add in A/C costs onto this property 4-5 mos. per yr., “regular” prop. taxes and fire policy and omg, it’s a recipe for another “60-Minutes-white-elephant walk-away.”
And why would the buyers need to have an income of $250K to 300K to buy this?? Aren’t they bringing in a downpayment?
Here are listings which sold recently in 91910 in the very exclusive gated Comm. of Belmonte (BVM and BVH schools & Discovery Elem. Sch. [w/Spanish immersion program]). They have HOA and are comparable in size to your Watson Ranch SOLD. 15 mi. from dtn – half the distance of PQ. Ocean breezes on the 2nd highest hill in the area. No A/C needed here. Hey, isn’t PQ 30+ miles inland??
The low MR on the first two links is retiring in 2-3 yrs.
I don’t know where the jobs are near PQ. I am out of touch with the area but last time I looked there were four companies on Carroll Cyn. Rd. in Scripps Ranch – LOL.
There are a lot of companies in Eastlake now (8+ mi) and a few in Otay Mesa (7-8 mi) from dtn. CV. And then your usual shipbuilding and Navy jobs + proximity to dtn. SD.
I’m sorry, AN, what was the “draw” of PQ again?? Oh, tech jobs. O-o-o-o-k-kay. Well, maybe we will “grow” some tech jobs in Otay Mesa one day 🙂
