Southpointe property in La Jolla

[Scarlett]

I wanted to get the Piggs opinions on this townhomes complex and this property in particular:
http://www.sdlookup.com/MLS-100054370-8265_Via_Mallorca_La_Jolla_CA_92037

We liked for its clean, well-maintained, ready to move in condition, and its unique location within the complex (next to the park). Plus, it’s the largest floorplan there.

The La Jolla schools are excellent and the commute for us will be under 20′. For UCSD my husband won’t even need a car. Very close to shopping/dining and to I-5.

Sure it’s a bit small and old. The negative points are, being a townhome, the HOA fee of ~$350 and, the owner occupancy – just around 52% from what I am told. (Lots of UCSD people rent there). The price is well within the comps. The complex is not FHA approved.

I’d like to hear some thoughts….Is it a good purchase? Would those townhouses fall much further?

thanks!

[UCGal]

Looking at the pictures I have to laugh at the bathroom shot – with the photographer showing in the mirror.

It looks like a less expensive way to get into the La Jolla high school feeder area.

It’s 2003 prices… which means it’s probably not super over priced.

[UCGal]

Looking at the pictures I have to laugh at the bathroom shot – with the photographer showing in the mirror.

It looks like a less expensive way to get into the La Jolla high school feeder area.

It’s 2003 prices… which means it’s probably not super over priced.

[UCGal]

Looking at the pictures I have to laugh at the bathroom shot – with the photographer showing in the mirror.

It looks like a less expensive way to get into the La Jolla high school feeder area.

It’s 2003 prices… which means it’s probably not super over priced.

[UCGal]

Looking at the pictures I have to laugh at the bathroom shot – with the photographer showing in the mirror.

It looks like a less expensive way to get into the La Jolla high school feeder area.

It’s 2003 prices… which means it’s probably not super over priced.

[UCGal]

Looking at the pictures I have to laugh at the bathroom shot – with the photographer showing in the mirror.

It looks like a less expensive way to get into the La Jolla high school feeder area.

It’s 2003 prices… which means it’s probably not super over priced.

[DataAgent]

Very convenient location. Seems like a decent price too. However, that is one tightly packed area of high density housing.

[DataAgent]

Very convenient location. Seems like a decent price too. However, that is one tightly packed area of high density housing.

[DataAgent]

Very convenient location. Seems like a decent price too. However, that is one tightly packed area of high density housing.

[DataAgent]

Very convenient location. Seems like a decent price too. However, that is one tightly packed area of high density housing.

[DataAgent]

Very convenient location. Seems like a decent price too. However, that is one tightly packed area of high density housing.

[bearishgurl]

I had a good friend who bought one of these in the early 90’s. Pretty sure they pd about $170K for this exact or very similar floorplan. They had to scrape accoustical ceiling off before they moved in and paint the stair railings. The condo is shaped a little like a narrow train car. The secondary bedrooms seemed very small to me and one of theirs did not have a closet. The kitchen is very small and as you can see, is the same room as a small dining area or family room, with a half-bath adjacent. The garage was nice sized for two cars.

Too many stairs for me, one step from the front door to the LR, a few more up to the formal dining area. Another entire set from the front door to the 3 bedrooms. Another shorter entire set from the front door down to the laundry and garage. All the garages face each other in a wide alley. You can see a long line of units through the kitchen/dining area windows across the alley and their respective garages underneath. All front doors faced each other from their private courtyards and had a common area entrance.

I don’t know about elementary school but they had a HS student at the time and the HS WAS NOT LJ, it was UC. This was absolutely in the UC High attendance area. Don’t know about now but their kid graduated from UC.

Yes, Scarlett, conveniently located but very much seemed like an apt, not an SFR.

[bearishgurl]

I had a good friend who bought one of these in the early 90’s. Pretty sure they pd about $170K for this exact or very similar floorplan. They had to scrape accoustical ceiling off before they moved in and paint the stair railings. The condo is shaped a little like a narrow train car. The secondary bedrooms seemed very small to me and one of theirs did not have a closet. The kitchen is very small and as you can see, is the same room as a small dining area or family room, with a half-bath adjacent. The garage was nice sized for two cars.

Too many stairs for me, one step from the front door to the LR, a few more up to the formal dining area. Another entire set from the front door to the 3 bedrooms. Another shorter entire set from the front door down to the laundry and garage. All the garages face each other in a wide alley. You can see a long line of units through the kitchen/dining area windows across the alley and their respective garages underneath. All front doors faced each other from their private courtyards and had a common area entrance.

I don’t know about elementary school but they had a HS student at the time and the HS WAS NOT LJ, it was UC. This was absolutely in the UC High attendance area. Don’t know about now but their kid graduated from UC.

Yes, Scarlett, conveniently located but very much seemed like an apt, not an SFR.

[bearishgurl]

I had a good friend who bought one of these in the early 90’s. Pretty sure they pd about $170K for this exact or very similar floorplan. They had to scrape accoustical ceiling off before they moved in and paint the stair railings. The condo is shaped a little like a narrow train car. The secondary bedrooms seemed very small to me and one of theirs did not have a closet. The kitchen is very small and as you can see, is the same room as a small dining area or family room, with a half-bath adjacent. The garage was nice sized for two cars.

Too many stairs for me, one step from the front door to the LR, a few more up to the formal dining area. Another entire set from the front door to the 3 bedrooms. Another shorter entire set from the front door down to the laundry and garage. All the garages face each other in a wide alley. You can see a long line of units through the kitchen/dining area windows across the alley and their respective garages underneath. All front doors faced each other from their private courtyards and had a common area entrance.

I don’t know about elementary school but they had a HS student at the time and the HS WAS NOT LJ, it was UC. This was absolutely in the UC High attendance area. Don’t know about now but their kid graduated from UC.

Yes, Scarlett, conveniently located but very much seemed like an apt, not an SFR.

[bearishgurl]

I had a good friend who bought one of these in the early 90’s. Pretty sure they pd about $170K for this exact or very similar floorplan. They had to scrape accoustical ceiling off before they moved in and paint the stair railings. The condo is shaped a little like a narrow train car. The secondary bedrooms seemed very small to me and one of theirs did not have a closet. The kitchen is very small and as you can see, is the same room as a small dining area or family room, with a half-bath adjacent. The garage was nice sized for two cars.

Too many stairs for me, one step from the front door to the LR, a few more up to the formal dining area. Another entire set from the front door to the 3 bedrooms. Another shorter entire set from the front door down to the laundry and garage. All the garages face each other in a wide alley. You can see a long line of units through the kitchen/dining area windows across the alley and their respective garages underneath. All front doors faced each other from their private courtyards and had a common area entrance.

I don’t know about elementary school but they had a HS student at the time and the HS WAS NOT LJ, it was UC. This was absolutely in the UC High attendance area. Don’t know about now but their kid graduated from UC.

Yes, Scarlett, conveniently located but very much seemed like an apt, not an SFR.

[Author]

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