Opportunity Knocks at Horizons in the Marina District!

UNDER CONTRACT – Beautiful move-in ready condo at the desired Horizon tower available now. This cozy 1 bedroom with a den/office features stunning wood laminate flooring throughout, granite counter tops, a fireplace, recessed lighting, 2 separate bathrooms (master has it’s own shower/tub and second has a shower), bay views, parking, and a storage unit. Horizons is located close to all the shopping, restaurants, nightlife, and entertainment Downtown San Diego has to offer.

Horizons was built and completed by Bosa Development in 2002. It consists of the full city block bordered by Island Avenue, Market Street, Front Street and First Avenue. Horizons offers 211 condominiums with floor plans ranging from 900 sq. ft. to 2,111 sq. ft. Horizon is considered the first luxury high-rise of the new age buildings in The Marina District and Downtown San Diego. Amenities included are entrance lobbies, 24 hour security, an outdoor swimming pool and spa surrounded by a large deck, an extensive fitness center with men’s and women’s change rooms and saunas, conference rooms, computer rooms, social lounge, outdoor barbecue area, bike storage, individual storage lockers and a video-monitored building entry system.

« 1 of 2 »

        

Listing CLICK HERE for more information on Blog
 

Smart Corner SOLD by Wesley Guest!

SOLD FOR FULL PRICE IN 5 DAYS. This loft condo is on the 18th floor with the inviting bay as your backdrop. It has 863 SF and has loft and industrial interior to add to its charm. Large bathroom with ceramic tiles. The living/bedroom area is fully carpeted and the kitchen and entry has hardwood laminate. Granite counter tops, stainless refrigerator, stove, oven & microwave appliance included. In home washer/dryer. Security is locked complex with guard on site. Underground garage has 1 parking space.

1080 Park 1812 Smart Corner for Social MediaSold
Condo$425,000

This loft condo is on the 18th floor

1080 Park Blvd. #1812
San Diego, CA 92101

  • 1Beds
  • 1Baths
  • 863Square Feet

Your chance to live at ICON in East Village!

NO LONGER AVAILABLE. Stainless steel appliances, granite counter tops, large bathroom, Brand new laminate wood flooring and new carpet, private balcony, and in unit laundry. This is your chance to live in one of the most sought after buildings in downtown. Steps away from Petco park with incredible rooftop views (like having your own season tickets), 4 blocks from Gaslamp, 24 hour security, a full size gym / fitness area in the complex, recreation room, theater (located in the building), plus so much more. Includes your own parking space. Located on 5th floor. Your chance to live in ICON in East Village.

Interested in scheduling a private tour? Please complete the form below.

Beautiful Move-In Ready Luxury Condo at Horizon

SOLD FOR $615,000 BY WESLEY GUEST.  Beautiful move-in ready condo at the desired Horizon tower available now. This cozy 1 bedroom with a den/office features hand-scraped hard wood flooring throughout, granite counter tops, a fireplace, recessed lighting, 2 separate bathrooms (master has it’s own shower/tub and second has a shower), bay views, parking, and a storage unit. Horizons is located close to all the shopping, restaurants, nightlife, and entertainment Downtown San Diego has to offer.

CLICK HERE FOR PRICE AND FULL SPECS

Horizons was built and completed by Bosa Development in 2002. It consists of the full city block bordered by Island Avenue, Market Street, Front Street and First Avenue. Horizons offers 211 condominiums with floor plans ranging from 900 sq. ft. to 2,111 sq. ft. Horizon is considered the first luxury high-rise of the new age buildings in The Marina District and Downtown San Diego. Amenities included are entrance lobbies, 24 hour security, an outdoor swimming pool and spa surrounded by a large deck, an extensive fitness center with men’s and women’s change rooms and saunas, conference rooms, computer rooms, social lounge, outdoor barbecue area, bike storage, individual storage lockers and a video-monitored building entry system.

How I film a high quality (HD) real estate video tour

In this video, I show you how I film / shoot my high definition real estate video tours. I go over the equipment I use, the shots and angles I try to obtain, and I drop in some useful tips and tricks throughout the video.

Link to finished video tour: http://wesleyguest.com/?listing=panoramic-views-with-a-peak-ocean-view

I hope you enjoy the video. Making video is still a learning process for myself but my skills continue to improve. Contact me with any questions about the video.

List of Equipment Used:

1) Canon EOS Rebel T3i 18 MP CMOS Digital SLR Camera and DIGIC 4 Imaging with EF-S 18-55mm f/3.5-5.6 IS Lens
2) Canon EF-S 10-22mm f/3.5-4.5 USM SLR Lens
3) Adorama Dedicated Lens Hood for Canon 16-35mm, 20-35mm, 17-35mm, 17-40mm & 10-22mm Lenses
4) Fancierstudio Professional Video Camera Tripod FC-270 Pro Video Camera Tripod with Fluid Head By Fancierstudio FC-270
5) Fancierstudio Camera Track Slider Camera Silder Video Slider 40″ With Ball-Bearing Slide Mechanism By fancierstudio JS40
6) DMKFoto Heavy Duty Ball Head with Quick Release Plate

Thank you for watching!

Wesley Guest

Day in the life of Downtown San Diego Real Estate Agent Wesley Guest

What is a typical day really like in real estate? I thought I’d spend the day with you and show you my typical day as a busy real estate agent in San Diego. I start off by leaving my office in Downtown San Diego and visiting my listing in Torrey Highlands (1:06) and then a quick trip south to Pacific Beach to visit my Riviera Drive listing for sale (3:35). After that, a quick, lunch break (6:19), meet up with the dogs (5:25), and some late afternoon calls / prospecting (6:40).

Real estate is a great job but it’s really nothing like what many TV shows are produced to be such as Bravo’s Million Dollar Listing. I think HGTV’s Hunters is more realistic but still not a great view into a typical day for a real estate agent.

Downtown San Diego Real Estate Market Report April 2014

 

We actually have a decent selection of real estate for sale in the Downtown San Diego for mid April 2014.  Based on the close of March 2014, Downtown is in a “normal real estate market” but we are starting to see signs of  shift back to a “seller’s real estate market” as inventory is declining and the number of sales continues to rise.

View All Downtown San Diego Real Estate for Sale

The most exciting news to report is the median sales price.  We have not seen a number as high as $523,750 since 2008!  Some statistics to note for the Downtown San Diego real estate market below:

  • Median Price:  $523,750… Haven’t had a median number that high since 2008!
  • Active Market Time to Sell a Downtown Condo:  20-30 days.
  • Total Sales March 2014: 64 Sales.
  • Currently 271 Active Listings for Sale.

Do you agree?  Disagree?  Please feel free to “speak your mind” using the form below:

Downtown San Diego Real Estate Market for December 2013:

Downtown San Diego Real Estate Market Report for December 2013:

The average price and median price for December 2013 are both still up in the double digits.  We are primarily interested in the median price as it eliminates any major outliers but it is interesting to compare it versus the average price which came in very strong as well.  Also, the 12 month median price trend depicted in the graph below is very promising.

  • Median Sales Price: $447,500 +15.1%
  • Average Sales Price:  $520,299 +13.6%

The median amount of days on market is relatively low at 36 days.  The average is 65 days but this figure is severely skewed by several short sales that have been hanging around for years. The median is much more applicable and realistic for this report.  Sellers can expect to be on market for around 36 days when selling their Downtown San Diego Real Estate / Condos (Even less time if you price your condo right and use a real estate video tour to market the property).

  • Median Days on Market: 36 Days +5.5%
  • Average Days on Market: 56 Days +13.6%

The market is a Normal Market.  There are currently 257 actively listed properties in the 92101 zip code.  If we divide that total by the number of total sales last month at 47 sales, we get 5.47 (5.47 month’s worth of real estate inventory).  This means it would take 5.5 months to sell the current inventory available for sale.  Anything between 3-6 months is generally accepted as a balanced or normal real estate market.

  • 257 Active Listings for Sale as of 12/2/2013.
  • 57 Total Sales last month.
  • 4.5 Month’s Inventory (257 Active Listings / 57 Sales) Normal Market

Breakdown by Neighborhood for December 2013:

Summary:  The holiday season is here and it is showing in the market data.  The 47 sales for the month is the lowest number of sales we have seen in the Downtown San Diego real estate market since 2008.  I wouldn’t read too much into it.  January 2014 could bring another real estate run, maybe similar to what we saw for 2013.  Real estate prices continue to climb as more inventory becomes available for sale.

See All Downtown San Diego Real Estate for Sale

Questions? Comments? Please send them my way!

M2i in East Village is Approved for FHA Financing in Downtown San Diego

M2i in East Village is Approved for FHA Financing in Downtown San Diego!

If you have been searching for a condo in Downtown San Diego and have been planning to use FHA financing, you probably already know your choices can feel limited.  Well I have some very welcome news to report:  The incredibly popular M2i building in East Village is now fully approved for FHA financing.  This is very good news.  No, this is fantastic news!

side view of M2i on downtown san diego

M2i

View All Downtown San Diego FHA Approved Condos for Sale

M2i is squeaky clean for financing.  Owner occupancy is well over 51%, there is no HOA construction litigation, and it is just one of the best options available near the ball park.  Amenities include a fitness center, two independent entrances, a top floor community area including barbeque and sink, and security.  The decor of the building is modern with a splash of contemporary.  Very popular with East Village residents.

A little bit about FHA financing:

  • FHA financing can be more forgiving on credit scores than conventional financing.
  • FHA loans require low down payments (3.5% in many cases).
  • FHA loans are assumable by future condo buyers.
  • A attached (condominiums and town homes) real estate must be approved for FHA financing is FHA financing is used.

M2i makes a great complex to live in full time or works just as well as an investment property that cash flows even with financing.  HOA monthly fees are reasonable.  Considering purchasing a condo in Downtown San Diego?  Add M2i to your list of candidates, you will not be disappointed.

View All Downtown San Diego Real Estate for Sale

Questions?  Comments?  Send them my way anytime.

 

- Main Marker

 

Downtown San Diego Real Estate Market for October 2013

The Downtown San Diego Real Estate Market for October 2013:  Big changes for October 2013 in Downtown San Diego.  We have officially entered a “Normal” or “Balanced” Market.  If you take the current amount of Downtown San Diego condos for sale and divide it by the number of sales published on MLS (Multiple Listing Service) for September 2013, you come up with a figure of 4 or 4 months.  This means it would take 4 months to sell the current condo inventory available in Downtown San Diego.  Anything in the 4 – 6 month range is usually considered a balanced or normal market.  Anything less is considered a sellers market and anything more is considered a buyers market.  Please review the Downtown San Diego real estate market information below:

Downtown San Diego Real Estate Market Report for October 2013:

  • 253 Active Listings for Sale as of October 9th, 2013
  • Average Days on Market to Sell: 47 Days (October 2012 was 83 Days)
  • 65 Total Sales for October 2013 (October 2012 had 65 Total Sales)
  • Median Sales Price for October 2013: $502,500 (October 2012 was $380,000) ▲ 24%
  • 4 Month’s Inventory (253 Active Listings / 62 Sales) Normal Market
  • Highest sale Pics & Video: Bayside, 34th floor, 2 Bed for $2,875,000
  • Lowest sale Pics & Video: Element, 7th floor, Loft for $175,000
  • Most Expensive Current Listing, Pics & Video: Harbor Club, $9.975M
  • Least Expensive Current Listing, Pics & Video: Park Terrace, $220,000

Breakdown by Neighborhood for October 2013:

Summary:  It is absolutely wonderful to see the market enter its current state.  Downtown San Diego real estate has endured a wild-a-ride as any in the entire San Diego County real estate market.  We  have seen the foreclosure market come and go, the rush for short sales come and go, the exit and re-entry of financing for many of the Downtown San Diego buildings, and of course the return of positive equity for many real estate owners in Downtown San Diego.  All very welcome and healthy news for now and the future in the Downtown San Diego real estate market.

See All Downtown San Diego Real Estate for Sale

Been frustrated running into multiple offers and unable to procure yourself a piece of the Downtown San Diego real estate market?  Things have changed and let the negotiations begin!  Been thinking of selling your condo in Downtown San Diego?  It’s not too late as demand is still very strong and prices are steadily increasing.

Questions? Comments? Please send them my way!