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300 W Beech St #1308


San Diego, CA  92101
General Info
Area:   Downtown Real Estate
Neighborhood:  Little Italy
Community:  La Vita
Zoning:  Single Family Residential
Use:  Condominium
Parcel Number:  5333411660
Square Feet:  1132
Bedrooms:  2
Bathrooms:  2
Sales History
DatePriceHeldReturnAnnual
10/12/2007$513,0801y 2m-29%-25%
08/04/2006$725,0001y 6m55%33%
01/21/2005$467,000n/a-   -   
Additional Resources
Nearby Homes For Sale
AddressPrice
Cortez Blu #202$335,000   
Cortez Blu #1102$197,880   
Electra #518$450,000   
Electra #3105$1,239,000   
Alta #2006$977,000   
1047 5th Ave #1805$999,900   
Solara Lofts #507$349,900   
Solara Lofts #411$489,900   
Solara Lofts #509$449,900   
Solara Lofts #709$475,900   
Solara Lofts #711$499,900   
Solara Lofts #809$789,900   
Solara Lofts #806$469,900   
Electra$390,000 to $415,000   
1047 5th Ave #1603$889,900   

Nearby Properties
AddressSales DatePrice
300 W Beech St #13033/10/2005$769,000
300 W Beech St #13041/26/2005$278,000
300 W Beech St #13052/8/2005$294,000
300 W Beech St #13067/26/2005$460,000
300 W Beech St #13077/28/2006$425,000
300 W Beech St #13091/12/2005$415,000
300 W Beech St #13101/25/2005$366,000
300 W Beech St #14011/27/2005$349,000
300 W Beech St #14022/9/2005$505,000
300 W Beech St #14032/16/2007$740,000
Tax Assessment
Land Value:  $117,300
Improvement Value:  $359,040
Net Value:  $476,340
Est Property Tax:  $5,954
Media

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 Discussion

Smith 8/26/2007 2:59:30 PMReply

This unit is very interesting, it's a bank owned foreclosure that's listed not very far from the original sales price at La Vita. Also the pictures are pretty funny, picture two is of the washer and dryer and then there is the horrifically trashed carpet in the living room.

This pretty much personifies an REO, throw it out there as is and see who cares.
 
Anonymous 8/26/2007 5:12:05 PMReply

That's the original carpet as all La Vita units came with the same carpet. If you bought it I'd just plan for a two week period where the unit was cleaned completely, repainted and new carpet.

Cleaning is probably $300, paint $500 and new carpet $1,000. It makes it easy to look past the crummy pictures since $2K goes a long ways and you get to do it the way you want it.
 
Anonymous 8/26/2007 11:45:04 PMReply

I'm a buyer at La Vita at the original developer prices. These were set in 2002 or so and do represent a decent price. The sale dates show the closing date but on a new development the contracts were signed very early in the process.

It's good to see units get close to that point.
 
Howlowwilltheygo 8/27/2007 12:43:13 AMReply

needs to drop at least $100K to get interesting in view of the current market.
 
Anonymous 8/27/2007 8:35:42 AMReply

Even at 2002 prices the Downtown premium is too high compared to price-per-square-foot of a nice house in the suburbs.

How many single professionals can pay $1000/month in HOA and taxes, even before you touch the mortgage interest payment (not even talking about paying down the principal)?

 
Brian from Family Guy 8/27/2007 12:36:29 PMReply

Does anyone know if the dog bone, black slipper and torn up pillow strewn about the floor are part of the staging? If so can they be purchased separately?
 
Anonymous 8/30/2007 2:25:48 PMReply

List Price: $549,900
MLS#: 076059723
 
Potential Buyer 10/5/2007 10:00:01 PMReply

Got any opinions on the best real esate agents for the downtown area?
 
Anonymous 10/5/2007 11:40:13 PMReply

Why do you need a real estate agent. They'll just show you properties and work they charm to induce to you buy.

Just watch the prices drops until early 2009. Then you can start to look for a real estate agent. By then, only the good ones will be left standing.
 
Bridget 10/6/2007 9:03:13 AMReply

I'm the real estate broker for SD Lookup. If you have any questions about La Vita, I just sold one down there last month. If you want me to run some number with you, feel free to contact me via this site. bridget.fanning@gmail.com
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