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Old 08-15-2003, 04:39 PM   #1
Coati
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Default Anyone thinking of buying a house in San Diego?


Quote:
Cramped fixer-upper sells for $585,000
By Emmet Pierce
UNION-TRIBUNE STAFF WRITER

August 15, 2003

After combing Pacific Beach to find their dream home, Pam and Dave Holcomb purchased a house that was old, small, pricey and everything they were looking for.

In July, the couple and their son Nathan, 21/2, moved into a 876-square-foot, three-bedroom house just seven blocks from the beach. They paid $585,000 for the simple wood-and-stucco residence.

Spending more than a half-million dollars required sacrifices.

After selling a house in the San Francisco Bay Area, the Holcombs spent a year living with relatives to save for the San Diego purchase. Built in 1949, their new home needs remodeling.


But the couple say the wear and tear is outweighed by its potential. Built on a large lot in a quiet, well-kept neighborhood, it has plenty of room for expansion. Best of all, it's located in an area the couple has always enjoyed.

When they began their search, the Holcombs distributed fliers throughout several square blocks in Pacific Beach to find an owner who was willing to sell.

"I sent 326 fliers out," Dave said. "We printed out a short story of ourselves: 'Are you willing to sell your house for a fair market value? Give us a call.'"

There were two responses. One was the owner of the house they eventually purchased.

Dave, 35, is a business analyst. Pam, 34, is a sales program manager. Because they work at home, they could have lived anywhere. They chose the Pacific Beach neighborhood because it matched their needs.

In addition to being close to the beach and retail shopping, the couple is surrounded by neighbors who "have been here forever and a day," Dave said. "We looked at how well the neighborhood has been kept and has not depreciated in value. We said, 'Gee, that is an area we would like to live in.'"

Although the purchase required a major financial commitment, the Holcombs are convinced their investment will pay off over time. And they have no desire to sell any time soon.

"We're not planning on leaving," Dave said. "This is it."
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Old 08-16-2003, 12:00 AM   #2
p7r4e7y
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my boss is selling his house in la jolla.

my opinion not worth the 800000 hes askin, but its on the hill and has a view of...... the neighbors house
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Old 08-16-2003, 08:59 AM   #3
totoherbs
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PB/OB are area, its where Id live if I could afford too. Congrats

Quote:
Originally posted by p7r4e7y
my boss is selling his house in la jolla.

my opinion not worth the 800000 hes askin, but its on the hill and has a view of...... the neighbors house

Dude none of the houses out here are.... We have a 7 bedroom in boston that we may be able to get 550 000 for it. Which willl only buy a house half its size in scripps ranch or a POS in mira mesa, which is where im living now.

800000 is a steal for most of la jola
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Old 08-16-2003, 11:19 AM   #4
XMEDIC
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Hey Dave,
You should move uo here to Orygun. I can get you in a manufactured home or trailer on a few acres for 100k. Plenty of parking for your little bug eyed cars and a garage for your Tandem.
Anywho, just wanted to say Hi. I do miss you beach bums.
If your ever up here for a Rally let me know.
SCICSD Runaway Jefe'
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Old 08-16-2003, 06:00 PM   #5
Coati
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Quote:
totoherbs writes
800000 is a steal for most of la jola
No kidding. I don't think most vacant lots with views go for less than $800,000 in La Jolla. Must be a condo.

Quote:
revumbra writes
and the other 960k in Sorrento Valley for a 4 bedroom.
Is this in Pacific Ridge or some other part of Sorrento Valley? The most expensive one I'd seen in Pacific Ridge so far was in the mid-high 800s.

Quote:
some guy from up north writes
Anywho, just wanted to say Hi. I do miss you beach bums.
If your ever up here for a Rally let me know.
SCICSD Runaway Jefe'
We'll make it up there eventually for a visit. And you're always welcome back here ... traitor.
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Old 08-16-2003, 10:34 PM   #6
p7r4e7y
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for 225k in houston you could get a 2story 4or 5 bdrm with bout a 1/4 to 1/2 acre

hell 100k could buy a 3bedroom in the outskirts of houston with a yard to mow
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Old 08-16-2003, 11:05 PM   #7
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Hi Dave. How's life?
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Old 08-17-2003, 02:58 AM   #8
cvalle-sd
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my {meh} apartment is 931 sq. ft. - I think these places are going for ~270k (Mission Valley, 2blks from the stadium. I CANNOT image the headaches of living in PB, and the "tanned hordes", ever-snarled traffic - for a dilapidated hut that probably doesn't have 3-pronged outlets yet. I know exactly where that place is, and it's a decent, fairly quiet neighborhood, BUT - being 7blks. from the beach means that every desperate tweaker and car thief is going to be eyeing your goods, and you will NEVER be able to get anywhere fast. On top of that, you're paying 600 HUGE just so you can spend even more just to build the place out to the point where you can put a shirt on withot having to go outside.

San Diego is approachiing "not worth it" status.
California as a-hole (a whole) is long since.

but I can't afford to do anything but "stay and pay"

don't get me started on CARB, gas prices, gun laws...the damn ants everywhere. Forget it, I'm getting drunk.

Last edited by cvalle-sd; 08-17-2003 at 03:05 AM.
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Old 08-17-2003, 03:36 AM   #9
stever
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What's up with the ants? Last year they said they were Argentinian ants. How did they get here? That's a long walk.

Oh, and I was talking to a couple whose 2 bedroom apartment in Laguna Beach was going condo ... $750,000. That's just insane. It's on Cliff Drive on the ocean side of PCH, but that's just ridiculous. I think I'm going to move into my shop with my car.

-Steve
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Old 08-17-2003, 10:41 AM   #10
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I live in Poway and the property values are pretty stupid.

for the price of the house I live in, I could buy my HOMETOWN

in little northeast Pa.

If they stopped the water for a week, maybe the value would come down?


I'm in the military so the prices you guyz are talking about are light years out of my range. Weez jus po folk
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Old 08-17-2003, 12:24 PM   #11
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My coworkers place is on the North side of the valley.
If you exit the 805 going East on Sorrento Valley Rd, it is your first left up the hill. (same way as going to Karl Strauss). His home over looks the valley and part of the 805-5 Merge. It is those ass ugly orange green things. He is painting it, but yes his house sold for 820k 4 months ago. He closed escro for 960k last week....4 months and that thing went up 140k. Stupid............
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Old 08-17-2003, 06:26 PM   #12
cvalle-sd
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/siliconvalley
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