The Guru Guide: All things 92101
The Guru Guide » Downtown San Diego Condos (Page 2)

Two bedroom plus den condo for sale at Electra in downtown San Diego’s Columbia District!

July 29, 2015

Electra condos downtown San Diego Electra condos water views 92101 Conservatory Electra 700 W. E Street Electra condos pool spa viewsElectra condos 92101 700 W. E Street condos Electra luxury condos Luxury condos buy 92101Electra San Diego amenities gym Electra Columbia District 5th Floor BBQ area Electra condos 92101Columbia District condos for sale

This corner unit condo at Electra on the southern edge of downtown San Diego’s Columbia District features two bedrooms, two bathrooms, and a den with views that’s perfect for a home office. The unit has 2 large private balconies and comes with 2 parking spaces and a separate storage unit in the building.  There are bay to city views throughout this unit.

Electra, located at 700 W. E Street, San Diego, CA 92101, is a luxury high-rise and boasts tons of amenities: pool, spa, gym, 24-hour security, onsite property management, and concierge.  The condo is in a great location for walkability to the waterfront, Ralphs, and Horton Plaza.  It’s a quick walk to restaurants & shops at The Headquarters (check out Puesto)and other great spots like The Lion’s Share and the original Karl Strauss Brewing Company.

Priced at $1,049,000. Contact us today to go see it in person!


Condo for rent in Marina District at 235 On Market

April 4, 2015

235 market condo downtown san diego 235 market rent marina district 235 market condo rent marina district for rent


This one bedroom condo at 235 On Market in downtown San Diego’s Marina District has a lot going for it.  Top floor with views, larger than a lot of one bedroom condos in downtown San Diego, AND it’s located across the street from not one but two grocery stores.  Location, location, location.

Not to mention that the unit is located on the same floor as the community rooftop patio with lounge chairs and bbq grills.  And there is a small gym in the building.  In-unit laundry and one parking space, too.

Walk to everything.  And I mean everything.  Padres games, San Diego Big Bay, trolley stop, grab a craft cocktail at The Lion’s Share, hit the happy hour at Mint Thai on Fourth Avenue . . . .  The possibilities are endless.

Pets okay.  Contact me for a showing today!


2 bedroom condo for sale at Cortez Blu in Cortez Hill

March 17, 2015

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Two bedroom, two bath condo for sale at Cortez Blu with views galore!  This downtown San Diego condo located in Cortez Hill features 2 balconies, a large open kitchen, and bedrooms separated from the living area by a long hallway giving it a more “homelike” feeling.

Cortez Blu is a very unique condo building.  It has an urban feel with some exposed concrete walls and despite being 20 stories tall, Cortez Blu only has a total 67 units and 3 units maximum per floor.

The Cortez Hill neighborhood is located in the northeast portion of downtown San Diego.  It’s an easy walk to the Little Italy Mercato Famers Market on Saturdays or due south to see the Padres play baseball at Petco Park.  But because there is little commercial activity in Cortez Hill, it tends to be a more mellow neighborhood with less hustle and bustle than places like the East Village or Gaslamp District.

This unit is on the 9th floor, has 1,282 estimated square feet, monthly HOA dues of $577, and comes with one underground garage parking spot.  Contact me today to go take a look in person!


Buying a downtown San Diego condo? Hire a downtown San Diego Realtor! Duh.

October 4, 2014

92101 Condo Guru downtown San Diego Realtor

Alan Hamrick 92101 Condo Guru “Who’s he? That’s me. Who are you? I’m him.”

Are you looking to buy a condo in downtown San Diego?  [SPOILER ALERT!]  Well, you should hire a downtown San Diego Realtor to help you.  For free.  End of discussion, right?  Wrong.  Here are a few tips to help you do it the right way and improve the experience for everyone involved:

1. Hire a downtown San Diego Realtor. No, I don’t mean an agent who thinks downtown is nifty or neat or lives in Rancho Bernardo (not that there’s anything wrong with that) and comes downtown for the the occasional night out or Padres baseball game.  Downtown San Diego real estate isn’t t just about geography.  It’s also about lifestyle and walkability. Every neighborhood is different.  Every condo building is different.  And there’s simply no way to “learn” the 92101 zip code unless you’re here 24 hours a day.  Pick an agent who has lived downtown for a while.  And a side note: If you meet an agent who says they work all of San Diego county, run away.  As fast as you can.  In today’s hyperlocal expert world, you don’t need a “jack of all trades, master of none”, to botch the process for you.  Heck.  You could do that all by yourself.  (Going in the reverse, from city to suburbs, is a different story though.  Another post to follow on that.)

2. Only hire one downtown San Diego Realtor.  “But Alan”, you say, “don’t I want lots of agents working for me?”  No.  That’s because we get paid based on results.  Think you’ve got 5 Realtors helping you?  Here’s your wake up call: you’ve got exactly zero.  And besides that, now you’ve got 5 pushy salespersons trying to “sell” you something so they can get paid.  Gross.  And here’s a kooky idea – be loyal, take their advice, and consider putting your relationship in writing like you would with a contractor or lawyer.

3. Listen to that downtown San Diego Realtor. Sounds simple, right?  Well, it is but  . . . .  If you’re not going to take our advice, why are we having this conversation?  I wouldn’t dream of telling you how to do your job.  (As a side note, I probably have no idea what you do.  Even after you explain it to me. It’s part of the philosophy major in me.  The concept of time is also troublesome to me.  See Alan Lightman’s Einstein’s Dreams or Nietzsche’s analysis of The Eternal Return concept.  But I digress.)  Yes, real estate seems simple on TV.  Not to mention bitchy. There’s lots of good info out there on Al Gore’s interweb.  But there are also a lot of moving parts and a lot of humans who can screw up a lot of things along the way during a real estate transaction.  And those goofs can cost you time, money, or even the dream property you’re trying to purchase.  It’s only a good deal if you actually own the property at the end of the day.

4. This isn’t sales.  If it is, I quit.  Seriously.  If it feels like sales, you’re doing it wrong.  Now, it used to be.  But no longer.  You have access to all the data.  But that’s a very small piece of the puzzle.  This is consulting, advising, a collaborative effort, a partnership.  Make sense?  Just nod.

Are you ready to form a team and accomplish an objective?  Fantastic.  Mortgage interest rates are still in the 4s.  Hire a “real” downtown San Diego real estate agent!  That goes for selling your downtown San Diego condo, too.  Ask your agent why they charge 5 or 6 percent.  The answer: Because that’s what they’ve been doing since the 1980s.  What year is this again?  Time marches on . . . .

 


Buy this view condo at Horizons in downtown San Diego’s Marina District!

July 26, 2014

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Want to buy a downtown San Diego luxury condo with awesome water views? Here you go. Listed by yours truly, this 19th floor unit is just shy of 1,500 estimated square feet, has 2 bedrooms, 2 baths, a real laundry room, and 2 side-by-side parking spaces.  But wait.  There’s more!  This Marina District condo also comes with a storage unit.  It’s true.

Horizons is located smack dab in the Marina District with easy access to Ralph’s Grocery, Skybound Coffee + Dessert Lounge, Richard Walker’s Pancake House, the trolley, Petco Park where the Padres play, the waterfront, Gaslamp Quarter, freeway.  I’m out of breath.  See where I’m going with this?  Plus, Horizons HOA dues include water and gas.  And Horizons features guest parking and free motorcycle parking.

Want to view the San Diego Comic-Con craziness from 19 stories up?  Contact me today for a showing.  Listed for $1,065,000.


Sapphire Tower One Bedroom Luxury Condo For Sale

June 18, 2014

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Calling all downtown San Diego condo buyers!  Check out this high-in-the-sky one bedroom condo at a very unique building in the Columbia District.  The unit itself is 904 estimated square feet, features hardwood floors, 10.5 foot ceilings, dual vanity, and a walk-in closet.  Plus one parking space.

Sapphire Tower is 32 stories and only has 97 units.  Did you read that right?  Indeed you did.  It also has one of the best lap pools in downtown San Diego and it’s in a perfect location to enjoy all 92101 has to offer.

It’s location at 1262 Kettner Boulevard makes it easy to get to the County Waterfront Park, The Headquarters, Little Italy, Stone Brewing Company Store, Karl Strauss Brewing Company, and Monello just to name a few.

So what are you waiting for?  Let’s go take a look in person  . . . .  Priced at $575,000.


Large one bedroom condo for sale in Little Italy!

June 4, 2014

Portico 1435 India Street Buy condo Little Italy One bedroom condo downtown San Diego Portico Little Italy condos Little Italy top floor condo Condo for sale Little Italy Portico Enoteca Style Fabrison's Little Italy downtown San Diego 92101


Price.  Condition.  Location.  And lifestyle.  It’s not rocket science – despite the best efforts of my colleagues.  Don’t be fooled. It’s all price, condition, and location. This unit at Portico at 1435 India Street in Little Italy has it all.

A top floor unit, this condo has only one shared wall, new flooring, paint, one parking space, and low HOA dues.  Did I mention that it’s over 800 estimated square feet with a walk-in closet?  Well, I did now.  It’s listed for $327,000.  Are there any cheaper one bedrooms for sale in Little Italy? Sure.  (There are 2 at Acqua Vista.  FYI Acqua Vista still has litigation.)  But not by much.  And the others have monthly HOA dues in excess of $500.  The monthly fees for this condo at Portico: $321.

This Little Italy condo also has great a great walk score based on location.  Stroll to the Little Italy Mercato (farmers market – soon to be temporarily located to W. Cedar Street), bars and restaurants like Enoteca Style (downstairs), Ironside (right up the street), and Craft & Commerce. Plus, you’ll be in a great spot to enjoy the brand new Waterfront Park.  Not to mention that Forbes just ranked Little Italy in the Top 10 neighborhoods.  And if you truly know your stuff, Mexican Fiesta, cash only please, is right across the street.

Do you qualify for a VA loan?  Portico is one of downtown San Diego’s VA loan approved condo buildings for sale.  How does zero down sound?  Thank you for your service.

Contact me today to go take a look at your new home in Little Italy!


Why do downtown San Diego condo buyers love The Watermark?

March 29, 2014

Watermark condos downtown San Diego Marina District

The Watermark

Watermark condos rooftop patio

Watermark common area patio

 

Headquarters Seaport District

The Headquarters

Pantoja Park Watermark Marina District

Pantoja Park



That question is actually pretty simple to answer once you know more about the building. The Watermark, located in the classy and established Marina District, has less that 100 units, occupies an entire city block, and features some the biggest and best floor plans in downtown San Diego condos.

Want to buy one?  Of the 96 units, only one unit is currently for sale and another has a sale pending after a very short market time. Why so desirable? Well, these units have 1,550 estimated square feet, 2 bedrooms, 2 baths, a huge walk-in closet, a den, a laundry room, 10-foot ceilings, and almost all of them have 2 side-by-side parking spaces. Where else can you get that kind of square footage downtown?  Not easy to find.  Not to mention that the new Headquarters is right across the street.

Does it sound like the Watermark is what you’re looking for?  Contact 92101 Condo Guru today!


Looking to rent in downtown San Diego? Here’s a little friendly advice.

March 5, 2014

Want to rent an apartment or condo in downtown San Diego?  Sounds great.  So you start by contacting every Realtor downtown, every all-rental apartment building, and start scouring Craigslist to contact a million posters about rental ads.  Congratulations.  You’ve started exactly the wrong way.

While it’s true that a lot of downtown San Diego rentals never hit the Realtor Multiple Listing Service (apartment buildings, Craigslist ads, etc.), the best place to start, in just about any venture, is finding a professional you trust.  This is what we do all day – help people find their new homes.  What do you do for a living?  I have no idea – but it isn’t this.

Same goes for real estate, renting or buying.  And the best part is that hiring a professional downtown San Diego Realtor is free.  You might think, incorrectly, that the best thing to do is to get all the agents to go to work for you.  Right?  Wrong.  We know what you’re doing.  And so no one is working hard to help you.

While you think you’ve got 10 agents working to find you that perfect place, in reality, there are zero working on your behalf.  See, we get paid on results and work hard for clients committed to us.  And it’s pretty hard to get up and go to work in the morning if you think you won’t get paid for your time, effort, and expertise.  Consider this: Would you have gone to work today if you thought you might not get paid?  Say “yes”.  I dare ya.

So, if you need downtown San Diego real estate help, find a professional you trust.  (Read Yelp reviews, ask friends and co-workers, query Señor Google.)  It doesn’t have to be 92101 Condo Guru.  Just make it somebody.  One somebody.  A full-time professional, hyperlocal downtown San Diego Realtor will make your life easier and you’ll get better results.  Even if you end up finding something on Craigslist and your agent doesn’t make a dime.  Try it.  You’ll like it.  It’s free. Tell your friends.


What’s the deal with the downtown San Diego real estate market?

November 30, 2013

Here’s the scoop on the downtown San Diego real estate market over the past 12 months or so. Late 2012 was slow and boring.  At the beginning of 2013, however, we saw multiple offers on listings because interest rates were still in the 3s and 92101 for-sale inventory was only around 150 units. It was a case of low supply, high demand, cheap money, and a lot of buyers who finally realized that they missed the bottom of the market by about 18 months.

By Independence Day 2013, that frenzy was over.  Downtown San Diego condo inventory had increased, and interest rates were into the mid-4s.  Lots of buyers went back to fence-sitting which translated into longer market times, decreased showings,  and expired listings.  As of today, the Sandicor Multiple Listing Service “active” inventory for downtown San Diego  real estate is just under 250 units.

So where is this market going?  As for inventory, it remains to be seen. The classic pattern is for buyers and sellers to take a break over the holidays and come back in January and February.  One thing is for certain – there will be no new construction for sale in downtown San Diego in 2014. And probably not even 2015.  (Those cranes you see in Little Italy and the East Village are apartments and City College construction, respectively.)  The downtown market is likely to be slow and steady next year. But slow and steady wins the race.  And inventory, whether that’s quantity or quality, will likely be the wild card much as it was this year.

What about mortgage interest rates today?  Where will they be in 2014?  Right now, they are around the mid-4s for a conventional 30-year fixed note. It’s hard to predict the future but given the overall health of the economy, or lack thereof, I wouldn’t expect rates to skyrocket or plummet over the next 12 months.  Do you have questions about the downtown San Diego real estate market?  Ask 92101 Condo Guru.  Have questions about loans and interest rates?  Ask a mortgage broker.  I like Skip at Park Village Financial.  (858) 538-3091  He knows the numbers side of the deal.  Feel free to chat him up about surfing and brewing craft beer while you’re at it.

Bottom line: If you’re looking to buy and hold, it’s a great time to lock in a 30-year fixed loan in the 4% range. Rates will go up but we just don’t know exactly when. And downtown San Diego is only getting better with the upcoming waterfront park, the new public library, and The Headquarters, just to name a few.  Looking to buy?  Or sell?  Or even rent?  That all depends on your objective. And your reading of the tea leaves. Please contact 92101 Condo Guru today to discuss absolutely anything about downtown San Diego real estate.  Happy holidays! ah@92101CondoGuru.com (619) 630-4882

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