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Are you looking for an experienced agent to help you buy or sell a home? Contact Jim the Realtor!

Jim Klinge
Cell/Text: (858) 997-3801
klingerealty@gmail.com
701 Palomar Airport Road, Suite 300
Carlsbad, CA 92011


Category Archive: ‘La Jolla’

Raffle House

From the UT:

There are a host of dream-house raffles across the West this year, and a big winner in many of them appears to be a Seattle-based consultant.  The raffles have the same concept — for a $150 ticket, get a chance to win a multimillion-dollar dream home. Although there are lesser prizes, the house is only given away if ticket sales hit a certain threshold.

Ronald McDonald House Charities of San Diego has used consultant Neal Martin Zeavy to run its dream-house raffle at least since 2008. In the decade that he has run the event, the fundraiser has never sold enough tickets to result in a house giveaway.

Zeavy was paid $525,000 by the San Diego charity last year, according to the nonprofit’s tax returns. For context, Charles Day — the San Diego charity’s president and CEO — received $224,985, the tax records show.  Zeavy has helped run dream-house raffles for at least five other nonprofits.

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Posted by on Mar 18, 2018 in Jim's Take on the Market, La Jolla | 2 comments

Torrey Pines Paragliding

Those who took in the pro golf and spectacular weather at Torrey Pines today also saw a number of paragliders in the background.  It reminded me of our reader Murph checking out the bluff-front houses:


Here’s how he described his close calls:

During my “formative” flying days (about 3 years ago) I had quite a reputation at the Torrey Pines Gliderport. Some of my hair-raising moments included……..

**I was losing lift and trying to make it back to the gliderport, but could not make it so I had to land at Black’s beach. This is rather routine as you just aim for a dry section of sand. Well, as I was rounding a bend and setting up for a final *flare* to land I realized that it was high tide and that particular section of beach did not exist anymore! I landed in 4 feet of water and began a mad panic to unclip my gear before the waves sucked me and my wing back out to sea.

Never have I been so happy to see a middle aged nude guy, as he raced into the surf and held onto my paraglider so I could extricate myself!

**Once while flying over the Torrey Pines Reserve area the wind got too strong and I landed traveling BACKWARDS on the north side of Torrey Pines Rd with my wing draped over a tree. The lifeguards showed up and left when I told them I was uninjured. 15 minutes later I started hearing lots of sirens. They started getting louder and before I knew it there were 4 emergency vehicles there. I told them I was okay so they all left….including a hook and ladder truck that COULD HAVE helped me get my wing out of the tree, but hey…I was alive AND unhurt so no worries here!

** My alternative landing stories also include one where I was trying to fly with the big-boys above Scripps aquarium. In my attempt to make it back to the lift-band along the cliffs I sunk-out and had to land right on La Jolla Shores Dr. Fortunately for me a construction truck not only yielded, but even gave me a ride back to the gliderport!

Luckily I have never hurt myself or anyone else. Torrey Pines is actually a very safe paragliding site……as long as you stay within your comfort zone and fly smart.  The more I fly the more conservative I get. My library of noteworthy “stories” has not expanded in the last couple years.


Posted by on Jan 27, 2018 in Bubbleinfo Readers, Bubbleinfo TV, Jim's Take on the Market, La Jolla, Local Flavor | 5 comments

Most Expensive Homes of 2017

Saw this at the VOSD, and it reminded me of these short clips:

The U-T tracked down the most and least expensive homes sold in the county last year. The cheapest was in Jacumba, which was in bad shape and went for just $27,000: “One room on the property included old laundry, broken computers and abandoned Christmas decorations.”

And the priciest was in La Jolla. It went for a cool $12 million.

Zillow listing with photos

The story also included the accidental flip…of a RSF spec:

One of the most expensive homes to sell last year, 16568 La Gracia in Rancho Santa Fe, sold twice. Real estate agent Megan Luce said her clients bought the property in April but realized they weren’t there as much as their other properties so they decided to sell.

“I couldn’t believe they were selling so soon,” she said. “But, the property is breathtaking and I was excited to go into it again.”

Luce did not want to give the buyers’ names, and it is unclear from property records who they were. The home was purchased by Florida-based limited liability company, Covenant RJC, in April for $10.6 million. It was then sold to the Greenfield Trust out of Washington state for $10.85 million in December.


Posted by on Jan 8, 2018 in Bubbleinfo TV, Jim's Take on the Market, La Jolla, Rancho Santa Fe | 0 comments

$1B Mid-Coast Trolley Extension

More on the Blue Line trolley extension:

On September 14, 2016, the top transit official in the United States committed $1 billion toward building the San Diego region’s newest trolley line, signing an agreement that will provide 50 percent of the funds to extend the popular transit service for 11-miles from Old Town to UC San Diego and the University City community.

The largest public transit project in the history of the San Diego region, the Mid-Coast Trolley Extension will extend the existing Blue Line, building nine new stops along the north coast of San Diego, including near Mission Beach, Pacific Beach, the VA Medical Center, the UC San Diego campus, and the dense residential and commercial areas along Genesee Avenue.

“The Mid-Coast Trolley will bring fast, reliable transit to the places where it’s most needed, including our largest research university and biggest employment center,” SANDAG Chair and San Diego County Board of Supervisors Chair Ron Roberts said. “At the same time, it is an outstanding example of our ability to leverage the region’s local TransNet dollars to bring in outside money to complete major transportation projects.”

The San Diego region was able to garner the 50 percent match for the Mid-Coast Trolley in large part because it has a dedicated local source of funding that provided the other 50 percent match for the project. Revenues from TransNet, the countywide half-cent sales tax for transportation, are covering half of the $2.1 billion total project cost.

“FTA is proud to partner with San Diego to bring new transit options to this growing region,” said FTA Acting Administrator Carolyn Flowers. “With the population along the Mid-Coast corridor expected to grow nearly 20 percent in the coming decades, this Trolley extension will offer a much-needed alternative to traffic congestion in the years ahead.”

A ceremonial signing of the Full Funding Grant Agreement – dedicating approximately $1 billion to the project over the course of 10 years subject to annual Congressional approval – took place on the campus of UC San Diego, at a location where the future Pepper Canyon Trolley station will be built. As part of the ceremony, Flowers handed Roberts a symbolic $1 billion check. Metropolitan Transit System (MTS) Board Chair Harry Mathis, UC San Diego Vice Chancellor Gary Matthews, and Cynthia Abair, Acting Director of VA San Diego Health Care System, also spoke during the ceremony.

Pre-construction activities for the project – primarily the relocation of underground utilities out of the project alignment – are already underway. Primary construction is expected to begin this October, with service anticipated to start in 2021.

Once the extension is built, transit riders will enjoy a one-seat ride (no transfers) from San Ysidro to University City. Planners estimate that the project will provide more than 20,000 new transit trips every weekday.

The construction of the Mid-Coast project is expected to produce more than 14,000 new local jobs. Even after the construction is over, the Mid-Coast project will have an estimated $116 million of annual economic impact on the region by reducing congestion, reducing parking needs, and increasing access to jobs. The Mid-Coast corridor supports more than 325,000 jobs. The two ends of the route – Downtown San Diego and University City – account for nearly half of that total.

For more information, visit KeepSanDiegoMoving.com/MidCoast

My tour of the area:

The official, professional flyover tour:

Posted by on Sep 9, 2017 in Bubbleinfo TV, Jim's Take on the Market, La Jolla, Local Flavor, Local Government, The Future | 6 comments

Windansea 4-Plex

Two new listings in La Jolla in two days!

The fourplex is 313-319 Nautilus, which is just seven doors up from the world-famous Windansea Beach.  They are similar 1-bedroom units, built in 1951 and recently renovated.  The rents range from $2,000 to $2,195 per month on annual leases.

It’s not even a 3 cap, so investors would have to appreciate the land value and proximity to the beach to make it worth it for them.  But there has been so much development nearby, we think the eventual buyer will tear it down and build new.

List price is $2,350,000, which is the appraised value.

Here is the property manager’s interior tour:

Beautiful remodeled one bedroom cottage steps to beach in best area of Windansea. Designer upgrades include tiled bath and kitchen- new fixtures, cabinets, counters and new stove, fridge, microwave and dishwasher plus all new flooring. This immaculate cottage is bright and sunny and comes with a Garage included. The unit has high open beam ceilings.

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Posted by on Jul 1, 2017 in Jim's Take on the Market, La Jolla, Real Estate Investing, Thinking of Building?, Thinking of Buying?, Why You Should List With Jim | 0 comments