Not everyone is in the $2,000,000+ club, but it’s still good to keep an eye out for potential squishdown. While this price is seems attractive for La Jolla, the banks haven’t had to give them away – the only other La Jolla REO featured here that hasn’t sold is this one:
Nice view. Even my wife approves.
I’d spend ALL my time on that view deck. 🙂
Without a doubt, that is the most poorly designed $2 million plus house I have ever seen. Every path through the house is too narrow and everything you need is around a corner or otherwise out of sight and/or reach. Getting past the lip of the master shower on your way to the bathroom at 2 AM is a real trip hazard. Imagine trying to find a way out if the house filled with smoke. It’s a claustrophobic fire trap.
Nice view when you finally get to it, though.
For $2.4M I would want a functional kitchen. I’m surprised you a predicting multiple offers, that would indicated they’ll get close to asking price. $2M at the absolute peek, and some upgrades (I don’t see $1M in upgrades there). I would think that it would go in the sub $2M range, but you know better than I do.
I know the market is thin if you want La Jolla with a view, and someone with $$ is going to want to “just get it done”, but that seems like crazy money to me.
Here are the “before” photos:
http://tour.circlepix.com/tour.htm?id=497697&mls_tour=1
For the ‘point and buy’ crowd, this is available to purchase now, plus it’s a ‘bank deal’. If they are working with a regular LJ agent who only sells a handful of homes per year (if that) and isn’t paying attention to the market like we do, they will give a ringing endorsement because, compared to all the other actives, this one looks great, and a nice check is only 30 days away.
Those who pick apart every house won’t be buying one anytime soon. Those who do buy are those who find just enough good reasons to out-weigh the bad – there are no perfect houses.
Wow, it’s hard to believe that’s even the same house. They must have sunk at least the additional $1 million into renovations. It was probably done on spec too, as they listed it for $5.9 million in 2008.
nice video Jim, I just wish you didn’t use the zoom in feature too much for the views, it makes it look that the ocean is so close, yet in reality you need to sit on the deck with a pair of binoculars to get such a view as in your zoom-in feature.
That’s not true, the zoom makes it real-life size. Go check it out for yourself if you don’t believe me.
You can stop watching any time.
Wifey says I sound sensitive…..well, I am.
He wasn’t asking a question, instead, in my place of business, he flat out accused me of distorting the truth – AND had to add the binoculars dig.
I don’t like it.
no offence meant Jim, I appreciate the work you put on this site. You are on my top realtor’s list when I start looking.
I was only pointing out that the ocean view does not reflect reality when you zoom in with your camera.
It is smth you do on all your vids with ocean views but I can understand the urge to zoom in to get a better view when you are up there.
I am not saying you do that on purpose to deceive your readers. If there is a really a decent realtor out there, I really think you are as close as it gets.
OK, so you still think I’m making the view looking bigger than it is.
I zoom in while comparing the viewfinder screen to the real view, and match it. It isn’t overblown, the video matches reality.
Can we meet over there so you can confirm?
“If there is a really a decent realtor out there, I really think you are as close as it gets.” -casanova
Why does this sound like a compliment, but really isn’t?
Close as it gets to a decent Realtor? JtR is the epitome of integrity and honor in a field where there are few with those characteristics. Jim is simply the best!
Funny, I did a vid for my boss who was out of town regarding a house (that he eventually bought). I did the “naked eye view” with the video camera trick that I have seen JTR do several times. Naturally you have to zoom in a great deal to get the naked eye view. I am not videographer but even I knew that.
It’s a judgment call…..geesh.
When JTR hires sexy neighbor tennants to be walking around in the window in the next door houses during showings…then we can call him on it- (one of the classic housing bubble stories)
Jim is using a fairly wide focal length inside the house (24mm equivalent?). 50mm is considered the best match for what the human eyes sees so he “zooms in” to get that perspective.
Small Sample size, I’ve used 5 Realtors in SD and JtR is the best I’e used, I know you aren’t fishin’ for compliments Jim, but anyone who has actually worked with you knows what a good Realtor is!
Not stokin’ the argument, but I for one appreciate the “this is what it looks like to the naked eye” shots.
Compare that to the MLS listings that use fish eye lenses, photo shop the pictures and use a pro photographer with artificial lighting. Not sure what is worse the blatant misleading photos or the ones that have 3 crappy pictures they take with their iPhone, and none of the interior.
Thanks SD_Coastal for the support!
DNR – Thanks for the tip. I’m using the 18mm wide angle, which is awesome for the interior shots. I’ve never heard that 50mm is the ideal human-eye effect, but from now on I’ll zoom to 50mm and note it.
That’s for a 35mm camera. I think you’re using an APS-C camera so 18mm is equivalent to 26mm and 35mm would be equivalent to 50mm (called a “normal” lens).
I’m not a photographer though. I’m sure someone here who is can chime in and confirm.
http://en.wikipedia.org/wiki/Normal_lens
It’s not an exact number.
I never knew that – thanks.
I’m using the Nikon D90 with this lens:
http://en.wikipedia.org/wiki/18-200_mm_F_3.5-5.6G_ED-IF_AF-S_VR_DX
I checked out the D7000 because they said they had auto-focus on the video, but it didn’t work for me. People hound me to get a new video camera, but I like and need the wide angle for still shots. I’m not convinced that my videos are so bad that I need a new video camera.
Your camera is fine Jim. Just look into getting a few different lenses as they can make a huge difference. You can rent them fairly cheap before you make any commitment to buy.
The renovation is beautiful but I think the kitchen was more friendly and functional in the before picture. It was totally open to the family room and now it is closed in and too narrow for group participation.