Menu

Home › Forums › Closed Forums › Properties or Areas › Point Loma reducing a little › I have another question, is

December 17, 2010 at 10:52 AM #641713
an
Participant

I have another question, is MH more desirable than Point Loma?

The reason why I’m asking is because of this talk about MH, I decided to take a look at what’s available in PL and here is what I found:
http://www.sdlookup.com/MLS-100066664-3519_Tennyson_St_San_Diego_CA_92106
http://www.sdlookup.com/MLS-100046777-2902_Poinsettia_Dr_San_Diego_CA_92106
http://www.sdlookup.com/MLS-100030996-3362_Wisteria_Dr_San_Diego_CA_92106
http://www.sdlookup.com/MLS-100018114-3715_Leland_St_San_Diego_CA_92106

There are more but you get the idea. PL seems to be priced between 2-2.5x it’s mid to late 80s price. That’s very reasonable to me. Especially since these are PL’s low end homes too.

When I look at the mid range of PL ~$800k, the deals seems to be even more enticing.
http://www.sdlookup.com/MLS-100063168-2655_Poinsettia_Dr_San_Diego_CA_92106
Sold for $360k in 1995, which should be lower than its late 80s price. Which should put this at 1.5-2x late 80s price depending on the price it closes at.