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Thread: 2 beds 1 bath 1,056 sqft SoCal House.

  1. #1
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    Default 2 beds 1 bath 1,056 sqft SoCal House.

    So on a lark Renee and I went to an open house in one of our Favorite little seaside towns, San Clemente. Just thinking of the idea of if in the next year or two if our business keeps going as well, we might be able to afford a little cottage. 2 beds 1 bath 1,056 sqft on the market for .... hold on wait for it ....... $900,000 !!!!! GASP. It SOLD at $935,000 Dreams dashed !!!







    https://www.zillow.com/.../235-Avenida.../25143841_zpid/
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  2. #2
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    Even paradise has it's liabilities... and, in your location, it's the price of real estate.

    Of course, in about 5 yrs, you're gonna be multimillionaires, so....
    "Fact is that which enough people believe. Truth is determined by how fervently they believe it."
    --- Charles Pierce







  3. #3
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    My God!

    I could purchase the same size lot in the city of Louisville (few empty lots still exist) and hire an achitect and building contractor to build a duplicate of that place for, easily, ⅓ that cost. More likely ╝ that cost.

    Deja Moo: The feeling that you have heard this bull before.


  4. #4
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    Quote Originally Posted by Norman Bernstein View Post
    Even paradise has it's liabilities... and, in your location, it's the price of real estate.

    Of course, in about 5 yrs, you're gonna be multimillionaires, so....
    The home was breathtaking charming, and the taxes were .04% as opposed to 1% of the price due to it being an historic home.
    The other nice thing is if you look at the kitchen it looks like a classic 50's kitchen but all the appliances have 50's exterior but modern Bosh interiors. Kinda cool.

    Also the backyard had a garage that would make a perfect little guest house. Ahhh to dream perchance.
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  5. #5
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    Quote Originally Posted by Tom Montgomery View Post
    My God!

    I could purchase the same size lot in the city of Louisville (few empty lots still exist) and hire an achitect and building contractor to build a duplicate of that place for, easily, ⅓ that cost. More likely ╝ that cost.
    Yea but you wouldn't be 1,000 ft from this

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  6. #6
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    No question but that you now reside in a warm climate with a beautiful ocean front near at hand.

    And if you are happy, then good for you! I mean that in all sincerity.

    California is not MY cup of tea for a lot of reasons. The cost of living being just one. It is not a paradise for a working stiff like me. But I am glad the two of you are happy.

  7. #7
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    Very nice. Retirement for me? Won't happen - you can't work for Midwest wages and support California (or NYC, among many) retirements. Live there, enjoy the fruits, get the place you want. BTW, aren't there some tax incentives for buying historic properties?
    There's a lot of things they didn't tell me when I signed on with this outfit....

  8. #8
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    SoCal real estate prices are crazy right now.

    My wife and I purchased a 1100 sq ft home in a nice quiet neighborhood in Long Beach about 5 years ago for $360k. Now houses that size go for ~$550k and up in our area. Most places on the market sell in days.

    We were very lucky that we bought our place when we did. I won't tell you how cheap San Clemente used to be, it's too depressing!

    Good Luck,
    Ralphie

  9. #9
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    Nice house! Price is very California, but hey, you knew that when you moved there. Another reason I don't live there anymore.
    "For a successful technology, reality must take precedence over public relations,
    for nature cannot be fooled."

    Richard Feynman

  10. #10
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    Yep, my eldest just moved back to Colorado from Brentwood. She and her then husband both had really good jobs, and went to a bank to see what kind of mortgage they qualified for. 650k, they were told, and they got really excited until they found out that what might get them was a loft apartment somewhere. $3k a month for a two bedroom rental apartment?

    Don't get me wrong, you can spend a million dollars on houses within easy walking distance of where I live, but in general things are less expensive here by a LOT.

    Fwiw, my youngest lives on the second floor of an older home near Cambridge, MA., and the rent is $2200 a month. My middle daughter and her family bought a really nice home near Atlanta for $250k. I think Atlanta has one of the more affordable housing markets around.

    Rtr
    'A disciple of the Norse god of aesthetically pleasing boats, Johan Anker'

  11. #11
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    Nice house, but I don't know how anyone can afford a house that expensive.

  12. #12
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    Location, Location, Location...

    If that was on SF in would be an easy 1.5

  13. #13
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    Wowzers. I prefer my 4 season paradise. Two houses are soon up for sale here. A 1200sf that is a bit dated for around $30,000.00, and another that has just been totally been redone will probably be around $45,000.00. I am very fortunate to have a job that allows me to be able to live here.
    Stay calm, be brave....wait for the signs. Possibly precariously prevaricating.
    .

  14. #14
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    25 yrs ago a 3 bdrm 2 bath house in Mill Valley near the freeway was $550k

  15. #15
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    Quote Originally Posted by Canoeyawl View Post
    Location, Location, Location...

    If that was on SF in would be an easy 1.5
    We were talking to a real estate agent in Newport and Renee was saying she loves San Clemente and he scoffed and said well you can get a lot more for your money there. As if we were looking in Compton.
    Last edited by Joe (SoCal); 03-30-2017 at 09:27 PM.
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  16. #16
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    Joe, I remember a time you would get very excited about a price like that....... . .


    You were selling real estate.......
    Quote Originally Posted by George Jung View Post
    Don't under-estimate Jack. He's purty damned talented

  17. #17
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    Quote Originally Posted by jack grebe View Post
    Joe, I remember a time you would get very excited about a price like that....... . .


    You were selling real estate.......
    If I actually had some time from running, developing and growing a startup business, I would love to get my broker's license here. That little cottage is CHEAP by comparison.
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  18. #18
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    Quote Originally Posted by Joe (SoCal) View Post
    If I actually had some time from running, developing and growing a startup business, I would love to get my broker's license here. That little cottage is CHEAP by comparison.
    As the startup business gets rolling so to speak, perhaps the investment in a brokers license instead of another truck would be the better payoff in the long run?

  19. #19
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    Quote Originally Posted by Joe (SoCal) View Post
    As if we were looking in Compton.


    Dawg— wuffo you be dissin' Compton?

    Got some nice propitties, and the price is RIGHT!

    Last edited by Chip-skiff; 03-30-2017 at 09:51 PM.
    We're merely mammals. Let's misbehave! ŚCole Porter

  20. #20
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    Looks nice and cozy.
    Cost 3x that in Vancouver.
    basil

  21. #21
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    As Charlie Brown would say, Good Grief!

    It is a lovely little home, though.
    Gerard>
    Everett, WA

    Next election, vote against EVERY Republican, for EVERY office, at EVERY level. Be patriotic, save the country.

  22. #22
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    Love San Clemente and that house would be epic. Good luck on finding that great house. It will come.

    Our house up here in Northern California is valued at silly money. Can't afford to sell and move locally so in essence regular folks like us are stuck. The upside is your young and can wait for for the big one to strike then all will be cheap as the exodus will be rapid.
    Last edited by Ted Hoppe; 03-30-2017 at 10:19 PM.
    Be wary of your critics, at peace with your decisions, and work hard to be a better man.

  23. #23
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    Nice place. Of course the problem is that it is located in Southern California.

    In the latest incarnation of the financial situation here in Seattle, houses in Seattle are bid up above the asking price. Typically many bids. We have 25 year tech guys driving Porsches; contractors driving $60,000 pickups. It will all end soon enough. When I first moved here after college, there was the famous sign asking the last person to leave Seattle to turn off the lights. In those years you could buy brick mansions for 20k...but there were no jobs.

    The business climate here varies, but the elements that make Seattle attractive remain the same.



    Quote Originally Posted by Joe (SoCal) View Post
    So on a lark Renee and I went to an open house in one of our Favorite little seaside towns, San Clemente. Just thinking of the idea of if in the next year or two if our business keeps going as well, we might be able to afford a little cottage. 2 beds 1 bath 1,056 sqft on the market for .... hold on wait for it ....... $900,000 !!!!! GASP. It SOLD at $935,000 Dreams dashed !!!







    https://www.zillow.com/.../235-Avenida.../25143841_zpid/
    Last edited by pcford; 03-30-2017 at 10:18 PM.

  24. #24
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    Quote Originally Posted by Canoeyawl View Post
    Location, Location, Location...
    Yea.

    If I had a job/business there, the job/business would have to pay enough to make buying a house a reasonable option.
    Life is complex.

  25. #25
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    Joe, remember, RE is something YOU KNOW. Trust your knowledge and your
    instincts, you will be fine........


    IYRC...... I trusted your knowledge......... I did very well........ Thank you.
    Quote Originally Posted by George Jung View Post
    Don't under-estimate Jack. He's purty damned talented

  26. #26
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    We are building my Sons house 1000 feet from the ocean here in a sub division of new nice homes with HOAs, all homes built in a cape cod way( wood shingles) . It is 4 bedrooms, 2500 SF, when done worth about 550 .

    A lot of people from cal sell there,move here buy a new home and bank the rest..

  27. #27
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    Who?
    This post is temporary and my disappear at the discretion of the managment

  28. #28
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    Who?.

    The guy that's building instead of dreaming......

  29. #29
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    [COLOR=rgba(0, 0, 0, 0.870588)]Do Re Mi[/COLOR]
    Woody Guthrie

    Well, thousands of folks back east, they say,
    Are leavin' home most ev'ry day,
    And they're beatin' the hot old dusty way
    To the California line.
    'Cross the desert sands they roll,
    A-getting out of that old dust bowl,
    And they think they're going to a sugar bowl,
    Here's what they find:
    The police at the port of entry say,
    "You're number fourteen thousand for today."
    If you ain't got the do-re-mi, boys,
    If you ain't got the do-re-mi,
    Well you'd better go back to beautiful Texas,
    Oklahoma, Georgia, Kansas, Tennessee.

    California is a garden of Eden,
    It's a paradise to live in or see.
    But believe it or not,
    You won't find it so hot,
    If you ain't got the do-re-mi.

    Well, if you want to buy you a home or farm,
    That can't deal nobody harm,
    Or take your vacations
    By the mountains or sea,
    Don't swap your old cow for a car,
    You'd better stay right where you are;
    Well you'd better take this little tip from me.
    'Cause I look through the want ads every day,
    And the headlines on the papers always say:
    If you ain't got the do-re-mi, boys,
    If you ain't got the do-re-mi,
    Well you'd better go back to beautiful Texas,
    Oklahoma, Georgia, Kansas, Tennessee.

    California is a garden of Eden,
    It's a paradise to live in or see.
    But believe it or not,
    You won't find it so hot,
    If you ain't got the do-re-mi.





  30. #30
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    Quote Originally Posted by pcford View Post
    Nice place. Of course the problem is that it is located in Southern California.

    In the latest incarnation of the financial situation here in Seattle, houses in Seattle are bid up above the asking price. Typically many bids. We have 25 year tech guys driving Porsches; contractors driving $60,000 pickups. It will all end soon enough. When I first moved here after college, there was the famous sign asking the last person to leave Seattle to turn off the lights. In those years you could buy brick mansions for 20k...but there were no jobs.

    The business climate here varies, but the elements that make Seattle attractive remain the same.
    I remember those days well. I almost bought a fixer upper on 15th E across the street from Volunteer Park. There were a bunch of houses there that could be had for under $10K. Unfortunately I decided to go back to school instead.

  31. #31
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    Quote Originally Posted by Steve McMahon View Post
    Wowzers. I prefer my 4 season paradise. Two houses are soon up for sale here. A 1200sf that is a bit dated for around $30,000.00, and another that has just been totally been redone will probably be around $45,000.00. I am very fortunate to have a job that allows me to be able to live here.
    Man, that's even better than Winnipeg, and you're on the water, too. Our place, which is 2 BR 1 bath at about 750 sq ft in downtown Winnipeg, was $93K.

    What are you doing about it?




  32. #32
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    $360 a year for property taxes seems a tad low. Around here they would be $2000 a month.

  33. #33
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    A month?! Jeebus. Mine are something like $800 a year.

    What are you doing about it?




  34. #34
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    Quote Originally Posted by Flying Orca View Post
    A month?! Jeebus. Mine are something like $800 a year.
    That's for a $900,000 house. House prices around here range from $100,000 to about $4 million. I think there may be an error in the taxes Joe quoted, however.

  35. #35
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    Default Re: 2 beds 1 bath 1,056 sqft SoCal House.

    Quote Originally Posted by Dan McCosh View Post
    That's for a $900,000 house. House prices around here range from $100,000 to about $4 million. I think there may be an error in the taxes Joe quoted, however.
    Well, yeah, I could see that, for a place that cost about ten times what mine did.

    I wonder whether Joe's quoted amounts are per month.

    What are you doing about it?




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