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January 9, 2011 at 4:59 AM #650478
pemeliza
Participant

The one on Ramsay has potential and is the lowest priced home in UC. Here is another on the same street that is smaller and it went for 336k in 2001.

http://www.sdlookup.com/Property-E51BDEFD-4744_Ramsay_Ave_San_Diego_CA_92122

BG, I think that house Scarlett looked at would be an amazing deal in the mid 300s. I think it will take mid 400s to buy it.

AN, isn’t that place in MM a little close to MM blvd?

And BG you make an excellent point about the tax savings of acquiring a major fixer like that. I would much rather pay 350k to buy a fixer than 500k to buy something in move in condition but that is just me. Most buyers these days don’t want the hassle and/or don’t have the time.