Our new remodel just hit the market today in El Cajon. This is a great culdesac location in the foothills of Mount Helix. It was a complete renovation from top to bottom. We purchased this property during the height of COVID direct from the homeowner saving them the hassle, uncertainty and expense of using an agent. Really happy with how it came out, soon there will be a new family on the street instead of a run down rental property. 699 Deland Ct El Cajon, CA 92020 $639,000.
We are having fun picking out tile and flooring for our new El Cajon flip. This Aqua pattern tile in the hall bathroom is really nice, we designed a very unique pattern that I think is totally on trend right now.
The kitchen came out great. We went with white Shaker cabinets but did a very cool 10″ Hex backsplash tile. The space is not that large but we were able to make a 6-foot island work. I love the open concept. What a great house this will be.
Outside I decided to do the same colors as another house we did this summer. The blue/grey accent is really hot and reported to be the Home Design color of the year for 2020.
Stay tuned, we have about 2 more weeks until this property is for sale. it is a 3 bedroom, 2 bath and will be listed just over $600,000.
We just bought this property located in the City of El Cajon on a great culdesac. It is tenant occupied and hasnt been touched in years. It needs a complete remodel, roof, and plumbing. I have some great plans for it and we will probably use the blue/grey theme like the Linda Vista project earlier this year. The seller graciously gave the tenants 90 days to move however they played the COVID card. There is an Eviction Moratorium until Feb 1, 2021 so its very risky to buy an occupied property right now as an investor. Luckily I got them to leave after we closed on the sale.
Our recent remodel near Mission Valley just sold for $750,000. The market is really hot right now even in the face of a National Pandemic. I only had projected a sales price of $650,000 when I purchased it. After multiple offers and overbidding, somehow it appraised at this sales price and is now the new high sales comparable in 92111 by far at $608.00/s.f. Enjoy the video of the remodel!
Our 2017 remodel on 4164 Mount Hukee in Clairemont just resold. I cant believe the home prices in San Diego now. The low interest rates and lack of inventory due to COVID-19 has really created a buyer frenzy this year. After the remodel in 2017 we sold this house for $780,000 which was high at the time. It just resold 3 years later for $950,000!
I am still pretty bullish on the market. I don’t see interest rates increasing in the next few years. Inventory has to come from somewhere but it seems nobody wants to move and millennials are finally buying now so that’s a contributing factor. There is certainly net negative migration in California, especially now with higher taxes. Consumer confidence is still good but we will see what happens after the election. Affordability will slow the run for sure, we have already started to see appraisals come in low from flips that are getting overbid. It’s a good thing that the appraisers are holding the prices back a bit for the market as a whole.
We finished the project and it is now on the market for sale. What a unique blend of new materials and the trendy current blue/grey color scheme. I couldn’t be happier with the way everything came together and I am sure its going to make someone very happy as their new home! The aluminum half-round gutters tied in perfectly to the mailbox and goose neck porch light. These professional realtor pics are shot in HDR, see my cel phone pics below on previous posts for the real cabinet blue color. The neighbors are also so happy:)