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- This topic has 13 replies, 8 voices, and was last updated 17 years, 9 months ago by
FormerOwner.
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January 10, 2007 at 2:59 PM #8199January 10, 2007 at 3:00 PM #43167
PerryChase
Participant7411 HERSCHEL AVE #2A, La Jolla, CA 92037**
January 11, 2007 at 10:16 AM #43226ParticipantFlip that flopped?
8609 VIA MALLORCA #F, La Jolla, CA 92037**
List Price: $675,000 – $675,000
Sales History
Date Price
05/27/2005 $675,000
12/11/2002 $500,000
12/22/1994 $219,264Bedrooms: 2
Full Baths: 2
Partial Baths: 1
Square Feet: 1,680
Lot Size: N/A
Year Built: 1995
Listing Date: 01/10/07
On Market: 1 day
Type: CONDO/TH
Status: ACTIVE
MLS #: 076002884http://sdlookup.com/PropertyDetails/tabid/53/forumid/1/view/topics/pid/99C1627D/Default.aspx
January 11, 2007 at 8:48 PM #43293LookoutBelow
ParticipantExcellent…As the Great Monty Hall used to say on the show the Price is Right….Come on Down !!! (Prices anyway)
The "DebtBowl" (NOT the dust bowl) has started…people loaded up like the beverly hillbillies moving back to Arkansas, Hey …Im kinda liking it !
Welcome to California….Now go HOME.
January 15, 2007 at 2:19 PM #43452blackbox
ParticipantI drove past a condo conversion in UTC last weekend. Sign read as follows. I am paraphrasing
“Only a few units left”
“Last chance to own your own home”Starts at low 200’s.
Geez, last chance. Wow, I’m thinking I will have a bunch of last chances before this all melts down to the actual bottom.
January 21, 2007 at 5:39 PM #43917ParticipantShort sale in La Jolla. Looks like this buyer defaulted soon after purchasing this condo.
7811 EADS AVE. #101, SD – San Diego, CA 92037**
List Price: $700,000 – $750,000
ZipRealty will give you up to $4,200 cash back.*Bedrooms: 2
Full Baths: 2
Partial Baths: 0
Square Feet: 1,121
Lot Size: N/A
Year Built: 1971
Listing Date: 01/19/07
On Market: 2 days
Type: CONDO/TH
Status: ACTIVE
MLS #: 076005822http://sdlookup.com/PropertyDetails/tabid/53/forumid/1/view/topics/pid/D8EE771D/Default.aspx
http://www.ziprealty.com/buy_a_home/logged_in/search/home_detail.jsp?listing_num=076005822&mls=mls_sandiego&cKey=w8qnl6q7&source=SANDICORJanuary 21, 2007 at 8:21 PM #43921mixxalot
ParticipantWhat is so great about UTC area?
Other than being close to Sorrento Valley companies? I find it no better than Mission Valley or La Mesa. Way way overpriced and wish it would fall a lot faster.
Case in point, I checked out 2 town homes only 2 bedroom/2 bath with 2 car garage and about 1900 sq feet. They want about 790k for these places!!!! Ridiculous I say!January 22, 2007 at 11:12 AM #43931poorgradstudent
Participant“What is so great about UTC area?”
Nothing?Seriously, it’s a very safe area, aside from bikes being stolen and cars broken into the crime is pretty minimal. Part of this may be the complete lack of any sort of night life in the area. There are NO decent bars within walking distance of the area (Sorry El Torito and Rock Bottom, I refuse to acknowledge you as “decent bars” although I do enjoy your restraunts).
It’s close to UCSD, which does have the perks of having a strong demand for renters, who seem accustomed to having to pay for a full year of rent to get an apartment. The flip side of that is they are mostly undergraduate college students, and while as a whole UCSD students tend to be more docile and studious than the typical undergrad, college students are still notorious for wear and tear on properties.
Another Pro/Con depending on your position is the cops tend to be pretty aggressive in busting up parties, especially on weekday nights.
It’s also very close to “Biotech Eden”, which would be advantageous if you worked there.
January 22, 2007 at 12:50 PM #43936ParticipantI like the UTC/La Jolla in the 92037 Zip, West of the 5. It’s a good area for the young and also for retirees. It’s centrally located in San Diego County. Of course, at it stands right now, it’s way overpriced. I wouldn’t buy. I’d rent instead.
January 22, 2007 at 11:00 PM #43960mrquoi
ParticipantI sold our UTC home in 2002. It’s hugely popular with UTC staff and people working in the research institutes along Torrey Pines who don’t want to commute. Also, the northern part (with all the high rises and condos) is very different than the southern half, which has a more community feel to it. It has decent schools, but is pretty dull and suburban, ie on the weekend everyone is at little league/lawn concert/etc. The southwestern quarter has a bunch of churches/synagogues. It lacks not only a real bar, but a real coffeeshop and a real bookstore which is amazing given the number of students in the area. I liked that it does not have the same stepford-ish feel as Carmel Valley.
That said, most of the houses are typical crappy construction from the 60s and 70s. I would like for our next house to be higher quality or to get such a good deal in UTC that we don’t care that the walls are just wood frames with stucco on the outside and drywall inside and no insulation between.
January 23, 2007 at 9:07 AM #43974UTC renter
ParticipantI live in one of rental complexes on Regents Rd. I generally dislike the area because, but the picture is mixed. So, starting with the good, the area is clean, safe, and has good access to open space (Rose Canyon). There is very good shopping nearby (Trader’s Joe, Whole Foods, Bristol Farms, plus Vons and Ralphs) and the UTC mall. Also, the proximity to UCSD and other tech/sciency employment centers gives it a certain “educated feel’. More generally, lots of smart people live in this area. On the other hand, I’ve never lived in a more boring place with less of a neighborhood feel. First, it’s all new and corporate. In the area around Regents, Nobel, or Lebon there are NO private houses, only large pre-fabricated apartment complexes. There is very little visual variety, no “street” level retail, except for the mall. Second, given its ‘educated feel’ there are no decent coffee shops, bookstores, interesting art, etc. For all these things, you have to drive to LJ Village or downtown/hillcrest. Third, NOBODY walks, so the area feels dead. One reason is that there is not much to walk to, unless your idea of fun includes hanging out at the mall. The other reason is that all the roads are those big 4 lane thoroughfares with tiny “sidewalks” — more like glorified curbs. So, walking is actually unpleasant and dangerous (I was nearly killed yesterday by someone making a right turn on red, and not expecting a pedestrian).
In short, if you rich, try to live in Del Mar, La Jolla village or nearby (La Jolla shores). If you’re middle-income (i.e., 100K or less), try Hillcrest, affordable parts of Mission Hills, or downtown. If you’re poor, move back to the Midwest – you’ll have higher quality of life there then being yet another sad commuter from the “inland Empire” 😉
January 23, 2007 at 3:26 PM #44017ParticipantUCSD has several good coffee shops on campus, although they’re really only open 9-5 M-F. UCSD students on a whole seem content to just go to Starbucks for coffee. I imagine the rent in the UTC area is pretty high, which keeps out your more interesting coffee shops, although “Wired” isn’t bad – It’s off near the 805 on the other side of Towne Center Drive near Le Peep.
February 9, 2007 at 6:51 PM #45046ParticipantFlip Flop on condo conversion near Downtown La Jolla.
Looks like a well done condo conversion.525 MARINE #4, La Jolla, CA 92037**
List Price: $595,000 – $595,000Bedrooms: 2
Full Baths: 2
Partial Baths: 0
Square Feet: 1,000
Lot Size: N/A
Year Built: 1963
Listing Date: 12/04/06
On Market: 67 days
Type: CONDO/TH
Status: ACTIVE
MLS #: 066099564Description
Completely remodeled loft style condo within walking distance to la jolla village and one block to the exclusive marine street beach. Trendy interior includes wet bar, stackable washer and dryer, cherrywood cabinets, travertine floors, crown mouldings, and charming courtyard. Furnished or unfurnished.——————–
If exclusive La Jolla is getting hit, how much of a proportional price cut should UTC take?
http://www.ziprealty.com/buy_a_home/logged_in/search/home_detail.jsp?listing_num=066099564&page=1&property_type=CONDO&mls=mls_sandiego&cKey=3fcmrwp2&source=SANDICOR
http://sdlookup.com/PropertyDetails/tabid/53/forumid/1/view/topics/pid/5EC43D06/Default.aspxFebruary 9, 2007 at 8:27 PM #45048FormerOwner
ParticipantUTC renter, I agree with everything you said. I too used to be a “UTC renter” and I liked it overall (with the same dislikes as you) BUT my wife’s car had all 4 tires slashed for no apparent reason (that we know of) in the apartment’s “secure” parking garage. That combined with a hefty rent increase convinced us to move out and become homeowners. Funny you should mention the Inland Empire, because we bought a hosue in Temecula after leaving UTC. The commute was horrible but I ended being able to work from home some days then getting a job up here (at a lower salary) and things are working out fine. We sold the house early last year with a nice profit and now we’re Temecula renters instead of UTC renters. If I didn’t get the job up here though we probably would be UTC renters right now. The commute is completely insane. I agree that it would be better to leave the state than do that stupid commute!
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