560 First Ave,
San Diego, CA 92101
A new listing just come up at The Grande South and it’s the large, 1,944 sqft E plan. This in my opinion, is one of the best layouts of all condos downtown. It’s a 2BR+Den/2BA condo with two balconies. It’s on the west side of the building and has views to the north, west and south. This new Grande South condo is on the 30th floor, which is plenty high (you want to be above about the 20th floor to tolerate the Holiday Inn and about the 25th for it to be a complete non-factor).
This new listing is a short sale though, but short sales are moving much faster than they used to. Read the rest of this entry »
In 2011, The Grande condos in downtown San Diego had 36 sales. The year before, there were 32 sales at The Grande condos. Of the 36 sales at The Grande in 2011, the highest priced sale was for $1,790,000(also the best condo I’ve ever seen at The Grande), but the average sales price was just below $650K. In 2010, the highest sales price was $1,650,000 and the average sales price was $769,575. The info below is for 2011 – *note that the stats are generated by Sandicor and not by me – the “high” is not for one specific property, it’s just the high for each category(same goes for all the other stats) Read the rest of this entry »
November 15th, 2011 Categories: The Grande
In the first three quarters of 2011, there have been 27 sales between the Grande North and Grande South towers. There are 442 condos between the two Grande highrises, which means just over 6% of the homes have changed hands in the first 9 months of 2011. During the same time period in 2010, there were 23 sales at The Grande condos.
Unit 2801 at the Grande South(www.1199PacificHwy.com) is currently on the market, with a list price of $779,900. It’s a bank owned condo(aka REO, foreclosure) and should be sold pretty quickly now. It was originally purchased from Bosa Development for $885K in 2004 and the comps suggest it’s worth about $850-900K. The best part about this, is the views from this north west facing condo at the Grande South are very well protected!
With the first quarter of 2011 already gone, it’s time to do some market analysis. People constantly ask me how the market is doing, where are pricing going and if they should buy or not. My crystal ball doesn’t work any better than theirs, but I’ve learned the people like to be told what to think. Too bad I have a conscience and don’t say whatever, just to make some money.
Will someone please buy this?! It’s now priced at $875K. I’m not going to say any more. If you want more info, please click below…
If you’ve been waiting for prices to drop so you can buy into a great building, here you go. A 1,325 square foot, 2 bedroom, 2 bath condo is now available for $699,000. This is a short sale and the price has been approved by the bank.
A while back I wrote about a deal what was too good to be true. A day later, I wrote an “I told you so” post, letting you know that some lucky person had already bought it. Today, I’m telling you…LISTEN TO ME.
One of our listings has recently gone to short sale status. Unit 3902 in the Grande South(119 Pacific Hwy) is now priced at $1,525,000. This is an unbelievable price. The owner purchased this top floor penthouse for $1,985,000 back in August of 2005. Thats a 25% price reduction! Even better, at 1,844 square feet, this penthouse is priced at a mere $827 per square foot. This is way less than most top floor penthouses.
Here is a great deal that I have for you. The condo is located in the Grande South tower, which is 1199 Pacific Hwy. This is on the top floor and has incredible views. Ive said it before and Ill say it again “ this may be the best condo Ive been in in Downtown San Diego.
Originally listed at $1,985,000, unit 3902 is now a short sale and is priced at $1,675,000! For those of you who are mathematically
(858) 243-2092 [email protected] DRE#01420194