Greg Cummings: San Diego Real Estate Agent
San Diego Condo ManiaMLS: 230011560 $945,000
2 Bedrooms with 2 Baths4909 ORCHARD AVE 101
SAN DIEGO CA 92107MLS: 230011560
Status: ACTIVE WITH CONTINGENCY
List Price: $945,000
Price per SQFT: $997
Square Footage: 9482 Bedrooms
2 Baths
Year Built: 1964
Zip Code: 92107
Listing Remarks
First floor. End unit. 15 units in building. Ocean View Supplement has copy of email dated 3.5.24 regarding repairs planned for building
Paul Bell’s mother owns unit 304 so Paul has been appointed to manage our building renovation because he has extensive experience in running development projects. We spoke yesterday and I asked him to give me an update so all can plan. He said the garage wall construction was delayed due to trying to find the low cost and best approach but now it is on track to hopefully start in a month or two. At this point, it looks like parking restrictions will happen during the construction. I will keep you informed. As for the remaining and challenging improvements to be done include: replacing most of the stucco, repair the staircase, repair the walkways, repair the balconies/windows/doors and replace the electrical panel plus beautifying the front of the building etc. I believe and our contractor/permit advisor believe the best approach to get all the work done at the lowest and quickest cost is to close the building for 3-4 months which would be a hardship for all. We are required to get city and coastal permits so it would be best to submit the entire plan but not include our coastal bluff. The permits will take 7-12 months to get approvals before construction could start. As a result, the most conservative estimate is that the building would be closed January thru April 2025, possibly May. Remember, it’s all a best guess projection at this time.
Address: 4909 ORCHARD AVE 101 SAN DIEGO CA 92107
Listing Courtesy of ROWLAND REALTY
Condo Mania Agent:
Greg CummingsCompass Real Estate
Team Lead CA DRE# 01464245
Phone: 858-206-9500
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Listing Details
LISTING DATE: 2023-06-15 MONTHLY HOA FEES: $700 HOME OWNER TOTAL FEES: $8,400 HOA FEE INCLUDES: Common Area Maintenance, Hot Water SALES RESTRICTIONS: Need SS- No Lender Knwldg COMMUNITY: OCEAN BEACH NEIGHBORHOOD: ocean beach COMPLEX: Sunset Towers UNITS IN COMPLEX: 15 VIEW: Ocean, Panoramic Ocean FULL BATHROOMS: 2 HALF BATHROOMS: 0 GARAGE PARKING: Assigned, Underground PARKING GARAGE SPACES: 1 PARKING SPACES TOTAL: 1 EQUIPMENT: Dishwasher, Refrigerator, Electric Cooking LAUNDRY LOCATION: Community FLOOR NO: 1 STORIES: 1 Story STORIES IN BUILDING: 3 RESIDENTIAL STYLES: All Other Attached ASSOCIATION: San Diego Association of REALTORS (SDAR) LISTING AGENT: Rosemary McClary LISTING OFFICE: Rowland Realty
Estimated Monthly Payments
List Price: $945,000 20% Down Payment: $189,000 Loan Amount: $756,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $4,778 Estimate does not include taxes, fees, insurance.
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Property Location: 4909 ORCHARD AVE 101 SAN DIEGO CA 92107
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Condo Mania Agent:
Greg CummingsCompass Real Estate
Team Lead CA DRE# 01464245
Phone: 858-206-9500
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Last Updated: 2024-05-05