Mira Mesa Sales/Rentals

[David J]

I was curious about the recent sales in Mira Mesa so I looked up about 20 of the closed sales in late april. In this small sample, it seems banks are requiring people to put down at least 20%, though there were a few FHA and VA exceptions and one Wells Fargo loan requiring 5% down.

What caught my eye though is that 4 of the properties seemed to be purchased by the same partnership:

10423 Hebrides Cir / 04/24/2008
8676 Lynx Rd / 04/29/2008
8410 Pallux Way / 04/17/2008
10183 Zapata Ave / 04/11/2008

I then checked craigslist and found this ad:
http://sandiego.craigslist.org/csd/apa/665049563.html which included:

AVAILABLE RENTALS BEDROOMS/BATHS RENT AVAILABLE
MIRA MESA
7454 Sean Taylor, 92126 6 Bedrooms, 3baths 3600 July 1st
8171 Calle Nueva, 92126 6 Bedrooms, 3baths 3500 July 1st
10505 Dabney, 92126 5 Bedrooms, 2.5 baths 3400 September 1st
10423 Hebrides Circle, 92126 5 Bedrooms, 2 baths 2800 June 15th
10183 Zapata, 92126 6 Bedrooms, 2.5 baths 3600 June 15th
8676 Lynx Road, 92126 6 Bedrooms, 2.5 baths + swimming pool 3500 June 15th
8570 Jade Coast, 92126 4 Bedrooms, 2baths 2100 July 1st
11321 Avenida del Gato 6 Bedroom, 3 bath 3300 July 1st
10344 Brookhurst Lane 5 Bedroom, 2bath + swimming pool 2800 July 1st
8410 Pallux Way, 92126 6 Bedrooms, 2.5 baths 3500 June 15th

What I’m wondering, is how common is it in Mira Mesa for people to buy your standard 3/2 and convert them to 6/2s or 6/3s and try to rent them out for $3500 a month?

I also just thought people on here might be interested to see this.

[an]

Very nice work Dave. There’s no way in hell you can get over $3000/month rent in Mira Mesa. 2200 sq-ft house in Sorrento Valley are renting for $2700/month and 2700-2900 sq-ft house in SV are going for around $3200/month.

[an]

Very nice work Dave. There’s no way in hell you can get over $3000/month rent in Mira Mesa. 2200 sq-ft house in Sorrento Valley are renting for $2700/month and 2700-2900 sq-ft house in SV are going for around $3200/month.

[an]

Very nice work Dave. There’s no way in hell you can get over $3000/month rent in Mira Mesa. 2200 sq-ft house in Sorrento Valley are renting for $2700/month and 2700-2900 sq-ft house in SV are going for around $3200/month.

[an]

Very nice work Dave. There’s no way in hell you can get over $3000/month rent in Mira Mesa. 2200 sq-ft house in Sorrento Valley are renting for $2700/month and 2700-2900 sq-ft house in SV are going for around $3200/month.

[an]

Very nice work Dave. There’s no way in hell you can get over $3000/month rent in Mira Mesa. 2200 sq-ft house in Sorrento Valley are renting for $2700/month and 2700-2900 sq-ft house in SV are going for around $3200/month.

[DWCAP]

I am guessing this is a mini dorm move. what they are doing is trying to attract the UCSD/SDSU students. 3500/6 is still only 580 a month and that is what a room in just about anywhere else in MM is gonna cost, if slightly less. So the minidorm movement is alive a well in MM.

[DWCAP]

I am guessing this is a mini dorm move. what they are doing is trying to attract the UCSD/SDSU students. 3500/6 is still only 580 a month and that is what a room in just about anywhere else in MM is gonna cost, if slightly less. So the minidorm movement is alive a well in MM.

[DWCAP]

I am guessing this is a mini dorm move. what they are doing is trying to attract the UCSD/SDSU students. 3500/6 is still only 580 a month and that is what a room in just about anywhere else in MM is gonna cost, if slightly less. So the minidorm movement is alive a well in MM.

[DWCAP]

I am guessing this is a mini dorm move. what they are doing is trying to attract the UCSD/SDSU students. 3500/6 is still only 580 a month and that is what a room in just about anywhere else in MM is gonna cost, if slightly less. So the minidorm movement is alive a well in MM.

[DWCAP]

I am guessing this is a mini dorm move. what they are doing is trying to attract the UCSD/SDSU students. 3500/6 is still only 580 a month and that is what a room in just about anywhere else in MM is gonna cost, if slightly less. So the minidorm movement is alive a well in MM.

[nostradamus]

That’s true, there are many mini-dorms in those areas but I don’t know whether they are students. Some of them are just people in low-paying jobs (I know several who live in these). I guess it’s one way people manage to afford living in SD.

[nostradamus]

That’s true, there are many mini-dorms in those areas but I don’t know whether they are students. Some of them are just people in low-paying jobs (I know several who live in these). I guess it’s one way people manage to afford living in SD.

[nostradamus]

That’s true, there are many mini-dorms in those areas but I don’t know whether they are students. Some of them are just people in low-paying jobs (I know several who live in these). I guess it’s one way people manage to afford living in SD.

[nostradamus]

That’s true, there are many mini-dorms in those areas but I don’t know whether they are students. Some of them are just people in low-paying jobs (I know several who live in these). I guess it’s one way people manage to afford living in SD.

[Author]

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