[cantab]

The MLS says “corporate owned” but another source says the owner is GMAC, which is a lender. So it is likely this is an REO and the 806K price may be the amount of the loan that GMAC foreclosed on.

Yup, I wouldn’t want to live on Foothill. But the lot and house are decent sizes, the elementary school is ok and just one block away, and the beach is 5 minutes by bike. The previous owner did some upgrading, although I haven’t been in the house.

[cantab]

The MLS says “corporate owned” but another source says the owner is GMAC, which is a lender. So it is likely this is an REO and the 806K price may be the amount of the loan that GMAC foreclosed on.

Yup, I wouldn’t want to live on Foothill. But the lot and house are decent sizes, the elementary school is ok and just one block away, and the beach is 5 minutes by bike. The previous owner did some upgrading, although I haven’t been in the house.

[cantab]

See http://piggington.com/almost_back_to_2003_prices_in_pacific_beach

http://www.redfin.com/stingray/do/printable-listing?listing-id=1593653

5151 FOOTHILL BLVD San Diego, CA 92109
Price: $684,900
Sq. Ft.: 2,096
$/Sq. Ft.: $327

Sale history:
May 15, 2003 $628,000
Feb 21, 2008 $806,717

This house is on a busy street, but otherwise seems decent.

[cantab]

See http://piggington.com/almost_back_to_2003_prices_in_pacific_beach

http://www.redfin.com/stingray/do/printable-listing?listing-id=1593653

5151 FOOTHILL BLVD San Diego, CA 92109
Price: $684,900
Sq. Ft.: 2,096
$/Sq. Ft.: $327

Sale history:
May 15, 2003 $628,000
Feb 21, 2008 $806,717

This house is on a busy street, but otherwise seems decent.

[cantab]

See http://piggington.com/almost_back_to_2003_prices_in_pacific_beach

http://www.redfin.com/stingray/do/printable-listing?listing-id=1593653

5151 FOOTHILL BLVD San Diego, CA 92109
Price: $684,900
Sq. Ft.: 2,096
$/Sq. Ft.: $327

Sale history:
May 15, 2003 $628,000
Feb 21, 2008 $806,717

This house is on a busy street, but otherwise seems decent.

[cantab]

See http://piggington.com/almost_back_to_2003_prices_in_pacific_beach

http://www.redfin.com/stingray/do/printable-listing?listing-id=1593653

5151 FOOTHILL BLVD San Diego, CA 92109
Price: $684,900
Sq. Ft.: 2,096
$/Sq. Ft.: $327

Sale history:
May 15, 2003 $628,000
Feb 21, 2008 $806,717

This house is on a busy street, but otherwise seems decent.

[cantab]

See http://piggington.com/almost_back_to_2003_prices_in_pacific_beach

http://www.redfin.com/stingray/do/printable-listing?listing-id=1593653

5151 FOOTHILL BLVD San Diego, CA 92109
Price: $684,900
Sq. Ft.: 2,096
$/Sq. Ft.: $327

Sale history:
May 15, 2003 $628,000
Feb 21, 2008 $806,717

This house is on a busy street, but otherwise seems decent.

[cantab]

In the 90s, houses in PB typically rented for 0.5% per month of the purchase price. So $3000/mo rent implies $600K price by that rule of thumb. Of course, even in the mid 90s, renting was mostly cheaper than buying.

That said, I don’t believe you can get $3000 per month in PB for a 1286 sq ft house.

[cantab]

In the 90s, houses in PB typically rented for 0.5% per month of the purchase price. So $3000/mo rent implies $600K price by that rule of thumb. Of course, even in the mid 90s, renting was mostly cheaper than buying.

That said, I don’t believe you can get $3000 per month in PB for a 1286 sq ft house.

[cantab]

In the 90s, houses in PB typically rented for 0.5% per month of the purchase price. So $3000/mo rent implies $600K price by that rule of thumb. Of course, even in the mid 90s, renting was mostly cheaper than buying.

That said, I don’t believe you can get $3000 per month in PB for a 1286 sq ft house.

[cantab]

In the 90s, houses in PB typically rented for 0.5% per month of the purchase price. So $3000/mo rent implies $600K price by that rule of thumb. Of course, even in the mid 90s, renting was mostly cheaper than buying.

That said, I don’t believe you can get $3000 per month in PB for a 1286 sq ft house.

[cantab]

In the 90s, houses in PB typically rented for 0.5% per month of the purchase price. So $3000/mo rent implies $600K price by that rule of thumb. Of course, even in the mid 90s, renting was mostly cheaper than buying.

That said, I don’t believe you can get $3000 per month in PB for a 1286 sq ft house.

[cantab]

I’ve been in this house recently. There is nothing major wrong with it except that it is directly on the main road. It’s in ok condition but you would feel poor living in it compared to most other homeowners in La Jolla.

[cantab]

I’ve been in this house recently. There is nothing major wrong with it except that it is directly on the main road. It’s in ok condition but you would feel poor living in it compared to most other homeowners in La Jolla.

[cantab]

I’ve been in this house recently. There is nothing major wrong with it except that it is directly on the main road. It’s in ok condition but you would feel poor living in it compared to most other homeowners in La Jolla.

[Author]

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