Inherited house gets sold to cash home buyer Green Button Homes. Location, Location, Location! This is a very cute little 2 bedroom, 1 bath, 1 car garage cottage we just closed on in Pacific Beach! It’s 3 short blocks to Fanuel Park and 5 blocks to one of the most popular beaches and tourist destinations in San Diego. I’m really excited to transform this little inherited house into something special. We bought this home directly from the out-of-area owner who is a Century 21 real estate agent. After inheriting it, they did not want to list the house on the market in the MLS and pay commissions because it needed work. They wanted to sell it as-is for cash and make no repairs. We are going to do all new surfaces; Kitchen, Bath, Flooring, Paint, Windows and Stucco. I might even take off the burglar bars. I spent a lot of time in Pacific Beach during and after college. I probably rode my bike past this house 100 times over a 15-year time span. Here are the Before pics, we should bring this to market just in time for the Summer. Affordable Pacific Beach House for Sale coming soon!
Walk through and check out the New Clairemont project we are starting. We are very excited to be back in one of our favorite neighborhoods! Stay tuned for more house flipping fun by Green Button Homes, San Diego’s #1 Cash As-Is Home buyer. This video lays out the scope of work for this house flip. Watch this and be a fly on the wall to see our plans and the huge job we have straightening out this mess. This illegally converted duplex will soon be the nicest home in the neighborhood. Visit our YouTube channel for more house flipping videos!
2019 San Diego Real Estate Market
San Diego real estate inventory update 2019. I bought so many houses this summer I’m now losing track. 2019 has seen 25% more homes for sale while sales activity is 30% down! it is officially entering Buyers market territory. There’s a real shortage in San Diego of fixer uppers on the market though but since we’ve had our feelers out now for a few years and everybody knows we buy houses, we keep getting leads. This is the second off market property I picked up this year in my old stomping grounds Clairemont.
This property has a tenant who hasn’t been keeping up with the rent and the owner just decided to cash out.We structured a win-win for both parties. The seller is happy because he gets cash next week without paying any realtor fees or closing costs and can move on and not worry about the problem tenant anymore, I’m happy because we’ll have enough room to renovate the house and sell it for a profit. It needs a complete kitchen, new bathrooms, flooring, windows, paint in and out, the whole 9 yards. Have a problem rental house in San Diego you need to sell fast? CLICK HERE!
Making some headway with the Carlsbad Lagoon project. I’m still dialing in materials and colors but we are making progress. The building site continues to be quite challenging so the house design has changed several times. It’s currently a 4,051 sf 4/3 including an attached 678 sf 2-car garage.
The City of Carlsbad has some restrictive building height requirements for the Coastal zone. Flat roofs have a height restriction of 24′ and pitched roofs with minimum 3 and 12 pitch are allowed 32′ heights. Of course I originally wanted all flat roofs, but in order to get the second story and still have 11 foot ceilings on the first level, we had to go with a pitched roof up top because of the existing slope creates a big crawlspace under the front.
The height is measured from the lowest, or most restrictive, between proposed and existing grade. We are the home buyer in Carlsbad.
The materials used will be stucco, wood and metal, there is a great overhang that wraps 2 sides of the living room, which will have an under lit wood soffit. Generous use of windows on the front will bring in an ample amount of light while the 5′ overhang will filter the harshest mid day Southern exposure from direct light. The large living room is connected to the outdoor deck with fire feature via a set of aluminum La Cantina accordian doors.
You can see here how much civil engineering work has been done just to get the structure to work on the lot. The correct driveway orientation can be seen here. I’m real happy with how the grading plan worked out, the rear 1/3 of the house and half of the garage is cut into the hill and will be slab on grade while the front of the house will change to raised stem wall foundation.
There is a new sidewalk, curb and gutter public improvement for the entire lot frontage, as well as a Bio Retention system engineered into the landscape plan that filters all driveway and roof run off before hitting the public street.
The retaining wall elevations worked out pretty nice with the lot topography and the civil engineer did a great job designing it to minimize grading. On the high side of the driveway its only 3 feet tall. The driveway comes up pretty steep off the street at 20%, then levels off to 10% as you get up near the house.
We left enough room at the top of the driveway to turn a car around so nobody has to back down onto the street. In total we have 220 cubic yards of cut, 900 CY of fill and about 700 CY of export so we should qualify for a minimum grading permit. The City basically wants to see your house design stuck into the hill and minimal impact to the rest of the lot.
We had a pretty favorable Biology report, the absence of California Gnat Catcher birds during the site survey by the biologist really alleviated one of my big concerns with the parcel. There is however Diegan Coastal Sage Scrub that is all over this hill and its on the endangered list.
In order to remove some scrub brush (mitigate), you have 3 options; dedicate the rest permanently with an open space easement that will eventually get recorded to the title, pay mitigation fees, or mitigate off site. To mitigate CSS it would cost roughly $30,000 per acre so this mitigating on site with the easement is a a great solution. Because we are only developing 25% of our 1.3 acre lot, dedicating the rest permanently will prevent future homeowners from developing the hill.
It’s steep anyway so there’s really not much you could do with it so its not much of a downside in my opinion. The open space will provide a nice buffer between us and the neighbors and continue to be a valuable wildlife habitat. You’ll notice the blue dots where the biologist found the Orange-throated Whiptail lizard. While on the endangered list, its not as critical as the Gnat Catcher Bird would have been.
The only stipulation is that we have to perform scrubbing and grading activities to the site in the breeding off season between February 15 and August 31. The whole project is being reviewed by the City now, if we get a favorable response we’ll move forward to the Coastal Development Permit then Grading Plan and construction plans with the structural engineer. All this red tape makes some people want to sell their Carlsbad home. We will purchase it as-is with no realtors if it is outdated or older condition.
Do you have a headache from all this? Me too. California red tape. Green Button Homes buys houses in Carlsbad, Oceanside, San Marcos, Vista and Escondido. Call/Text 619 438-0234 to Sell Your House Direct Now!
The Tarrant boys like to build. 77 years later and Tom Tarrant in San Diego is and following in his grandfathers footsteps, developing real estate and building spec houses. Here’s a fun picture of Tom’s Grandfather R.W. “Poppy” Tarrant’s custom home that he built for his family in the late 1930’s. The house was on Overbrook Lane in the upscale area of Houston, Texas known today as River Oaks. This house was torn down in the early 2000’s.
After selling the first house to a local attorney, he then drew up his own plans and specs and built this home in the 3600 block of Wickersham Lane in River Oaks. In 1943 this house only cost $15,000 to build. In today’s inflation adjusted dollars that equals $202, 460.00.