Had to share this sale - $916K for a fixer. Excellent neighborhood, good size yard, and they’ll have some great ocean views from the second story - probably will end up close to $2 million or more. http://www.sdlookup.com/MLS-150041805-4453_Bermuda_Ave_San_Diego_CA_92107
@Marilyn: Wow. That house needs a lot of work. Keep your eye on it – should be very interesting.
Is it/Will it be comparable to cb’s flip?
Those prices are crazy! That house would max out at 400K here, even with the view…
That house looks like a dump…and the surrounding area looks dumpy too.
I agree, @thumper. That’s a great neighborhood? I guess it must be a lot better than it looks in the photos. 
And in addition the place is TINY. It looks almost like a tear-down to me. Maybe they will turn what is there into a great room and master suite, and add on.
I does look better in the satellite. They have some nice greenery. I hope it isn’t all destroyed by the makeover.
I have to admit that I find it very difficult to get over all of those houses jammed together just a few feet apart.
That street is more desireable than my project location. It is out of the flight path and close to Sunset Cliffs area which demands high prices. They will have to go to 2nd story to get good ocean views. It sold really fast.
There is a horrible horrible fixer that has been in foreclosure up higher on the street - Bermuda Circle - that finally went to auction and someone bought it for $840,000 at auction. I had been watching it for years, the owner was doing every trick to stall foreclosure. Claimed bankruptcy about 3 times - he owes everyone money from some real estate scams in the early 2000s. Took the buyer about 4 months after the auction to get the owners and all of their stuff out of the house. They just cleared every thing out and cleaned up yard and now have it up for sale for $1.5 million practically for land value only. That is craziness! It went pending immediately but I noticed it is now back on the market.
Back to the house on Fuerte in La Mesa that I was trying to purchase as a 2nd project. Listing agent called me and we found the issues with someone digging out the crawlspace to get head room, but it compromised the foundation a lot. I had to make an offer lower than the price they wanted because of the foundation issues. It never came back on the market but I just noticed today that it was ‘withdrawn’ and then came back out as ‘pending’ immediately with new higher price of $550,000. So someone actually made a higher offer with the foundation issues and all.
So now I am watching both Brier and Fuerte that are in contract but with large foundation issues. I do not know if the agents and/or Sellers are disclosing the issues. The listing agent changed some of the wording in the Fuerte listing to highlight “Basement has been dug out to allow for easy headroom while doing remodel” ??? Turning lemons into lemonade??
^^ Sounds like that’s exactly what they’re doing. You are wise to have escaped both of those.
I’m always amazed in looking at pictures of Point Loma that San Diego hasn’t put their utility lines underground. All those gorgeous ocean views marred by ugly power/ telephone lines!
It would cost a friggin fortune to put all those power lines underground. That is likely the reason.
They supposedly have a long term ‘program’ to put utilities underground. Amazingly, it seems that the program is concentrating on La Jolla There are some utilities that have gone underground along some of our more scenic streets. When I first moved here there were telephone poles going down Hill Street (if you are interested, follow it from top down to ocean on Google street view - incredible views) and now those have moved underground. The poles themselves are in the alleys behind houses - but they are an eyesore for everyone living above an alley (such as the Guizot project).
The Fuerte house got updated to Sold yesterday, escrow closed in 2 days (according to MLS), but I am guessing that the contract has been going on for a couple of weeks. Sold all cash for the $525,000 that the heirs were insisting on. I dropped my offer to $505,000 because of the $20,000 of foundation work required. It never came out to market, I’m guessing the listing agent was calling around to investors.
Sold to an entity called Whiz Builders who I have never heard of. I’ll watch to see what happens when it comes back out for sale
Also, cb, you may want to look at it again when it goes on sale, to see if the foundation problems were fixed. I’m betting no.
The guys have the weekend off because there is some kind of ‘concert’ that they wanted to go to.
I have been spending the entire weekend shopping for lighting choices. I have an issue that the light right above the front door entry has to be flush mount. There isn’t a good looking flush mount light in the universe Oh well, hope no one notices it as they enter the home - their eyes will be drawn to the living area and views hopefully.
Am also having a nightmare trying to design some method to do exterior painting with the extreme slope on driveway side of the house and steep stairs on other side of the house. My painter said I had to order a full set of scaffolding wrapping the house to get the deck treads and railing installed and paint the exterior of the house. Well, that’s $4k and it’s not going to happen. So, we are testing tall ladders with ladder jacks around the house, but the problem is on the side with the stairs. Stair treads are not long enough to safely hold up a ladder so we are going to have to build stepped boxes to safely set the ladders. What an ordeal !
The exterior painting and upstairs deck remodel are not going to happen until a) landscape designer comes up with curb appeal design, b) we get to the point of all stucco patches are complete, c) our windows and doors are installed downstairs and d) the railing pieces are ordered and delivered. We have 2 large stucco patch areas downstairs where we closed up the door on bathroom wall and some closing up in the large garage door area. We have to get to a certain point in the building inspections when they inspect ‘lath’ waterproof paper and chicken wire before we can put the stucco on in these areas. And, I haven’t gotten on the ball yet with ordering railing and glass pieces for the upper deck. Have no idea what the lead time is for that!
This one is kind of cool if you want something extremely modern:
Personally, I have to problem with the classic inverted dome, along the lines of this:
http://www.homedepot.com/p/Commercial-Electric-Brushed-Nickel-LED-Flush-Mount-HUI8011LL-BN/205148593
Inconspicuous isn’t bad in that situation.
This one, on the other hand, is a cool version of the dome:
http://www.allmodern.com/Varaluz-Varaluz-Recycled-Pinwheel-Ceiling-Wall-Light-124S08-VRZ1228.html
Lots of interesting stuff on that site.
@Consolation, I like the first one you posted very much. The second one, IMO, is ho hum – maybe because I have it in my house.
IMO That last one would be a dust magnet…
Unfortunately the first one is out of budget. My personal feeling is that it won’t be noticed right above front door until buyers are exiting the house. Going to spend the lighting budget somewhere where it gives the most bang for the buck. So far I have a lot of LED recessed lights all over upstairs and I need to find a place where I can put a Wow chandelier fixture. The LED recessed lights replaced a lot of can lights that were already installed in living room. I replaced the fluorescent box fixture in kitchen with recessed lights and I decided that I couldn’t put pendants above kitchen island because they would look weird out in the living area since the island juts out into living area.
That leaves only the master bedroom for a wow hanging light, but for some reason the master bedroom doesn’t have any ceiling wiring, the switch turns on an outlet for table lamps. The small bedrooms have ceiling wiring but the ceilings are pretty low for a chandelier. That leaves only the hanging light that was in the entry room (see Entry Room Demo photo with brass chandelier). Still haven’t even decided how in the world we are going to stage that area so I have to wait to hang a light.
Maybe this is a house that just doesn’t need a Wow chandelier.
They’re going to walk in and say “Wow!” at the sweeping view. A chandelier might get in the way.
IMHO the hoarder house needed the LR and DR chandeliers. This one doesn’t. Where are you going to stage a dining area? I really like the third one I posted. I would get a kick out of looking at it every day.
Are you sure you need a “wow” chandelier for this house? It seems to me the marketing goal here is to focus all attention on the unobstructed views. Any statement lighting fixture will either (1) actually block the sight lines; or (2) distract the eye from the view. It just doesn’t seem like the kind of house where it is needed (at least for sales and marketing purposes).