Point Loma reducing a little

[javatestcase]

That Lucinda sale really surprised me. That is a great street and a nice looking house. Seems like someone got a pretty nice.

We’ve seen a number of these sell significantly below the final list price. The final list was $1,130,000. I’m sure a lot of smart buyers already know this, but low offers on properties that sit out there for a while can bring nice results.

[bearishgurl]

[quote=jpinpb]Here is another listing that took a hit. 3345 Lucinda Sold in August 2006 for $1,365,000. They actually started out thinking they could sell it for more w/a price range $1,375,000 to $1,575,000.
Beds/Baths: 3 / 4
Est Square Feet: 2,630 sf
Lot Size: 7,500 Sq. Ft.

It just sold for 900k. It is in coveted La Playa, not in the flight path w/some pretty nice views, juding from the photos. Maybe this was just another exception. But this high end just priced itself down in sdr’s “sweet spot.”[/quote]

I can’t see the actual listing now b/c I don’t belong to SD Lookup but from the photos, I know I saw this listing online a few months ago. It is obviously of mid-century design as well, built between the late fifties and about ’71. It’s a great design, and, as javatestcase stated, a great little street, one of the best. If $900K is supposedly a “sweet spot” for NCC buyers, esp NCC east of I-5, then this property was a wa-a-a-ay better buy than what you can get up there for $900K, IMHO. The build quality, design, view, ambiance . . . the whole package . . . you can’t find this up there, except maybe in Del Mar (sans the view). Lucky, lucky buyers :=)

[bearishgurl]

[quote=jpinpb]Here is another listing that took a hit. 3345 Lucinda Sold in August 2006 for $1,365,000. They actually started out thinking they could sell it for more w/a price range $1,375,000 to $1,575,000.
Beds/Baths: 3 / 4
Est Square Feet: 2,630 sf
Lot Size: 7,500 Sq. Ft.

It just sold for 900k. It is in coveted La Playa, not in the flight path w/some pretty nice views, juding from the photos. Maybe this was just another exception. But this high end just priced itself down in sdr’s “sweet spot.”[/quote]

I can’t see the actual listing now b/c I don’t belong to SD Lookup but from the photos, I know I saw this listing online a few months ago. It is obviously of mid-century design as well, built between the late fifties and about ’71. It’s a great design, and, as javatestcase stated, a great little street, one of the best. If $900K is supposedly a “sweet spot” for NCC buyers, esp NCC east of I-5, then this property was a wa-a-a-ay better buy than what you can get up there for $900K, IMHO. The build quality, design, view, ambiance . . . the whole package . . . you can’t find this up there, except maybe in Del Mar (sans the view). Lucky, lucky buyers :=)

[bearishgurl]

[quote=jpinpb]Here is another listing that took a hit. 3345 Lucinda Sold in August 2006 for $1,365,000. They actually started out thinking they could sell it for more w/a price range $1,375,000 to $1,575,000.
Beds/Baths: 3 / 4
Est Square Feet: 2,630 sf
Lot Size: 7,500 Sq. Ft.

It just sold for 900k. It is in coveted La Playa, not in the flight path w/some pretty nice views, juding from the photos. Maybe this was just another exception. But this high end just priced itself down in sdr’s “sweet spot.”[/quote]

I can’t see the actual listing now b/c I don’t belong to SD Lookup but from the photos, I know I saw this listing online a few months ago. It is obviously of mid-century design as well, built between the late fifties and about ’71. It’s a great design, and, as javatestcase stated, a great little street, one of the best. If $900K is supposedly a “sweet spot” for NCC buyers, esp NCC east of I-5, then this property was a wa-a-a-ay better buy than what you can get up there for $900K, IMHO. The build quality, design, view, ambiance . . . the whole package . . . you can’t find this up there, except maybe in Del Mar (sans the view). Lucky, lucky buyers :=)

[bearishgurl]

[quote=jpinpb]Here is another listing that took a hit. 3345 Lucinda Sold in August 2006 for $1,365,000. They actually started out thinking they could sell it for more w/a price range $1,375,000 to $1,575,000.
Beds/Baths: 3 / 4
Est Square Feet: 2,630 sf
Lot Size: 7,500 Sq. Ft.

It just sold for 900k. It is in coveted La Playa, not in the flight path w/some pretty nice views, juding from the photos. Maybe this was just another exception. But this high end just priced itself down in sdr’s “sweet spot.”[/quote]

I can’t see the actual listing now b/c I don’t belong to SD Lookup but from the photos, I know I saw this listing online a few months ago. It is obviously of mid-century design as well, built between the late fifties and about ’71. It’s a great design, and, as javatestcase stated, a great little street, one of the best. If $900K is supposedly a “sweet spot” for NCC buyers, esp NCC east of I-5, then this property was a wa-a-a-ay better buy than what you can get up there for $900K, IMHO. The build quality, design, view, ambiance . . . the whole package . . . you can’t find this up there, except maybe in Del Mar (sans the view). Lucky, lucky buyers :=)

[bearishgurl]

[quote=jpinpb]Here is another listing that took a hit. 3345 Lucinda Sold in August 2006 for $1,365,000. They actually started out thinking they could sell it for more w/a price range $1,375,000 to $1,575,000.
Beds/Baths: 3 / 4
Est Square Feet: 2,630 sf
Lot Size: 7,500 Sq. Ft.

It just sold for 900k. It is in coveted La Playa, not in the flight path w/some pretty nice views, juding from the photos. Maybe this was just another exception. But this high end just priced itself down in sdr’s “sweet spot.”[/quote]

I can’t see the actual listing now b/c I don’t belong to SD Lookup but from the photos, I know I saw this listing online a few months ago. It is obviously of mid-century design as well, built between the late fifties and about ’71. It’s a great design, and, as javatestcase stated, a great little street, one of the best. If $900K is supposedly a “sweet spot” for NCC buyers, esp NCC east of I-5, then this property was a wa-a-a-ay better buy than what you can get up there for $900K, IMHO. The build quality, design, view, ambiance . . . the whole package . . . you can’t find this up there, except maybe in Del Mar (sans the view). Lucky, lucky buyers :=)

[briansd1]

I believe those houses will sell for even less as real estate stagnation drags on and interest rates go up.

Some of these Point Loma houses are architecturally significant but they are not in turn-key conditions and in a good school district. They need major remodel to get them in the clean and neat condition people who spend $1 million expect.

Professionals who come to San Diego on a career path to likely move again in 5 to 10 years, don’t want those houses. Too old, too much work, and not where they want their kids to go to school.

[briansd1]

I believe those houses will sell for even less as real estate stagnation drags on and interest rates go up.

Some of these Point Loma houses are architecturally significant but they are not in turn-key conditions and in a good school district. They need major remodel to get them in the clean and neat condition people who spend $1 million expect.

Professionals who come to San Diego on a career path to likely move again in 5 to 10 years, don’t want those houses. Too old, too much work, and not where they want their kids to go to school.

[briansd1]

I believe those houses will sell for even less as real estate stagnation drags on and interest rates go up.

Some of these Point Loma houses are architecturally significant but they are not in turn-key conditions and in a good school district. They need major remodel to get them in the clean and neat condition people who spend $1 million expect.

Professionals who come to San Diego on a career path to likely move again in 5 to 10 years, don’t want those houses. Too old, too much work, and not where they want their kids to go to school.

[briansd1]

I believe those houses will sell for even less as real estate stagnation drags on and interest rates go up.

Some of these Point Loma houses are architecturally significant but they are not in turn-key conditions and in a good school district. They need major remodel to get them in the clean and neat condition people who spend $1 million expect.

Professionals who come to San Diego on a career path to likely move again in 5 to 10 years, don’t want those houses. Too old, too much work, and not where they want their kids to go to school.

[briansd1]

I believe those houses will sell for even less as real estate stagnation drags on and interest rates go up.

Some of these Point Loma houses are architecturally significant but they are not in turn-key conditions and in a good school district. They need major remodel to get them in the clean and neat condition people who spend $1 million expect.

Professionals who come to San Diego on a career path to likely move again in 5 to 10 years, don’t want those houses. Too old, too much work, and not where they want their kids to go to school.

[jpinpb]

I almost wasn’t going to put 3322 Zola (closed for 475k) in this thread b/c it is directly in the flight path and no disputing that location isn’t the best. But I am just more shocked that it sold for 700k in 2005 (man, what a bubble) and amused that they were still trying to sell it for 650k last summer. The NOD was filed in April of 2009. Took two years for this one to resolve.

[jpinpb]

I almost wasn’t going to put 3322 Zola (closed for 475k) in this thread b/c it is directly in the flight path and no disputing that location isn’t the best. But I am just more shocked that it sold for 700k in 2005 (man, what a bubble) and amused that they were still trying to sell it for 650k last summer. The NOD was filed in April of 2009. Took two years for this one to resolve.

[jpinpb]

I almost wasn’t going to put 3322 Zola (closed for 475k) in this thread b/c it is directly in the flight path and no disputing that location isn’t the best. But I am just more shocked that it sold for 700k in 2005 (man, what a bubble) and amused that they were still trying to sell it for 650k last summer. The NOD was filed in April of 2009. Took two years for this one to resolve.

[jpinpb]

I almost wasn’t going to put 3322 Zola (closed for 475k) in this thread b/c it is directly in the flight path and no disputing that location isn’t the best. But I am just more shocked that it sold for 700k in 2005 (man, what a bubble) and amused that they were still trying to sell it for 650k last summer. The NOD was filed in April of 2009. Took two years for this one to resolve.

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