The UT has a story about the former owner, link here:
Category Archive: ‘La Jolla’
The final price could swing $100,000 to $200,000 in either direction on this one – take a guess!
The closest guesser with receive a set of four tickets to the Padres game on September 2nd vs. the World Champion San Francisco Giants!
I was hoping for a little more for the money – still active after 23 DOM:
They are advertising a 21-day looking period, so you have plenty of time to investigate, but renovating the existing house sounds like a losing battle.
The house needs everything, there isn’t enough view, and the two neighbors to the west are imposing:
Note how tall the tudor roof is a couple of doors down (on left) and possibly inhibits the view potential if you build a new big bomber at the subject property. A roof deck is in order:
The downstairs room is off by itself (it was rented out separately by the previous owner), so this is feels more like a 1,500 sf one-level home:
The view deal on Muirlands already closed, after a 7-day escrow:
LP = $1,250,000
SP = $1,760,000
They had 36 offers. Select your listing agent carefully!
To fulfill the entire frenzy experience, it’s good to review closed sales to see how crazy it can get.
Back on December 2, 2011, the bank’s opening bid at the trustee’s sale was $990,000 on this La Jolla house that had undergone a partial demo & rebuild (more demo than rebuild) – but no takers.
It goes into the bank’s REO inventory, and for some reason, a year goes by before they get around to selling it.
Last month they listed it for $924,900.
On Friday it closed for $1,120,000…..cash.
A video reminder:
In la Jolla last year, there were 97 detached homes that sold for less than $1,000,000.
Today there are ten for sale – here is one:
It’s early, but at this price this should be the deal of the year – though it should get bid up substantially:
This has potential for a second-story ocean view too, but habitable as-is: