The Lund Team Real Estate Blog » Oceanside

Buyer’s ‘Look’ Heavy In Early Months of 2011

admin — Mon, 28 Feb 2011 22:37:23 +0000

We Lund’s help folks buy and sell homes in North San Diego County. This year the homes have been all price ranges and in various areas. But we are noticing a common theme: high number of buyer showings in the first 30 days. Our home on Hymettus (see picture) was put in escrow in 3 days after 30+ agent showings.

We hear many times that potential buyers think “its a good time” in the real estate market. Others will agree, but are still convinced of further price decline. The showings are great evidence of the buyer’s willingness to ‘look’ at real estate.

I feel this is good ’Ju-Ju’ for the next 3 months in North County. Buyers will often shop in today’s market between 3-6 months. This high number of showings tells us that we should have a brisk April-June selling season.

Adding Value and Income in South Oceanside (South “O”)…

Garrett Lund — Wed, 23 Dec 2009 19:49:48 +0000

Looking to live by the beach, west of I-5, no homeowner or Mello Roos fees? Want to live in an area where all the homes don’t look identical? You will like South “O” or South Oceanside; located adjacent to Carlsbad along the Buena Vista Lagoon, south of Oceanside Blvd all the way to the Pacific Ocean.

Built in the 40’s – early 50’s these homes are often situated on larger lots; many near 10,000 sq. ft. A big differnce from the 4000 sq. ft. “box” homes of today’ builders. These homes are primarily single level (also rare), 2 to 3 bedroom.

Average selling prices are down 45% off the peek with the average detached, fixer home selling in the $300-$400k range. South O’ is an area to keep on the appreciation radar.
Something to consider: a number of South O’ homes are built with raised foundations (superior to slab construction in many ways), hardwood floors and plaster walls (better insulation than drywall). Simple enhancements such as dual pained windows, updated fixtures and hardware are easy fixes to add value.

But the real winning ticket: Income

Locate a South “O” home and add a helper unit, granny flat, assessor unit (all one in the same). Check with the city and simply following lot line setbacks, having 2 car parking for main house and 1 for granny flat, right amount of house to land coverage and your ready to go.

Many of these South “O” home can add 400 square feet above a standard 2 car garage and see income of over $1000 per month. That’s huge. This additional income could help pay your mortgage and if you sell down the road, you can expect additional resale dollars. Even properties with R-1 zoning can participate with these accessory units due to California law. Please check with all city and state regulations and get you contractor lined up.

Bonus: Contractors are often times taking jobs at 40% the going rate of ‘05-’06. Its an excellent time to utilize their talents. You’re money is not doing much at 1% in the bank.

Contact Garrett@lundteam.com or call 760.438.0800 for additional information.

*Picture attached is inside of actual South “O” studio / granny flat renting for over $1000 per month*

Inside Studio

Foreclosure investment in Oceanside – 11.4% return

Garrett Lund — Wed, 09 Dec 2009 01:09:21 +0000

Here’s another investment potential. As we took the time to blog about this, the listing agent marked this “contingent” and let us know that an offer was accepted. But just for fun, here are some numbers.

429 Los Arbolitos Blvd

3 Bedroom, 2 Bath, 1,150 sq.ft

Foreclosure property in Oceanside. $123,300 – Property taxes, 30% down, 5.5% rate, $500 a year maintanance, $280 HOA, + Insurance. 11 months rented for the year -

11.4% return on your down money of $37,000.

This listing is courtesy of Triad Properties

Walk To The Beach – New Construction

admin — Wed, 19 Aug 2009 19:08:00 +0000

This is your chance to experience turnkey beach living in beautiful South Oceanside!

Recently, Oceanside area experts at The Lund Team were contacted to aide in the sale of four newly constructed homes on the corner of South Tremont and West Street. Quality materials were used throughout the entire development process: extensive use of beautiful tile flooring throughout the first level and granite counters and stainless steel appliances in the gourmet kitchen. Sit and watch the sunset in the evenings from the roof top deck which offer panoramic views of the Pacific Ocean, Oceanside pier and even Catalina Island on clear a day! Each home has an attached two car garage with alley access.

4 Bedrooms, 3.5 Bath

Prices Starting From the Mid 600’s

To schedule a showing contact The Lund Team

(760) 438-0800 or REO@LundTeam.com

Great Deal In Oceanside

admin — Thu, 14 May 2009 20:50:00 +0000

This is a nice two level home located in Oceanside near Guajome County Park. It is one of the lowest priced 4 bedroom homes between 1,500 and 2,000 square feet in the area. The same model home in the development at 1433 Cresthaven is currently listed for sale at $349,000. This home has a pool, spa and is open to the canyon to the rear with no neighbors behind, features which the property on Cresthaven does not have. A similar 4 bedroom home in the area at with a pool was sold on January 1, 2009 for $420,000!!

Listed at $299,800 – MLS# 090027751

4 Bedrooms, 2.5 Bathrooms, 1,742 sq. ft.

Contact reo@lundteam.com or call (760) 438-0800 for additional information

Bank Owned In North Oceanside

admin — Fri, 08 May 2009 18:31:00 +0000

Fantastic end unit with ground floor entry! Main living area on the first floor, 2 bedrooms and large master on the second floor of the unit. Also included is a good sized private, enclosed patio off the dining area.

3 Bedrooms, 1.5 Bathrooms, 1,330 sq. ft.

Listed at $146,800 – MLS 090025509

Contact reo@lundteam.com or call (760) 438-0800 for additional information

Courtesy of Blue Pacific Realtors

Bank Owned Bargain!!

admin — Wed, 06 May 2009 21:42:00 +0000

This is the lowest priced single family, detached residence in Oceanside!! Single level home with an attached 2 car garage. Tile floors throughout the kitchen, dining room, and large living room with fireplace. The property is situated on a spacious corner lot, idealy located close to schools, shopping, resturants and one block to Oceanside Municipal Golf Course. With no home owners association the home would be a good residence or rental.

3 Bedrooms, 2 Bathroooms, 1,140 sq. ft.

Listed at $159,900 – MLS 090026174

Contact reo@lundteam.com or call (760) 438-0800 for additional information

Courtesy of Keller Williams Realty

Bank Owned in Oceanside

admin — Wed, 06 May 2009 21:09:00 +0000

Nice single family, detached home located in a good neighborhood in Oceanside with no home owners association. Nicely landscaped front yard and huge open back yard.

4 Bedrooms, 2 Bathrooms, 1,930 sq. ft.

Listed at $315,000 – MLS 090026354

Contact reo@lundteam.com or call (760) 438-0800 for additional information

Courtesy of Keller Williams Realty

Single Family Home In Oceanside

admin — Wed, 06 May 2009 21:00:00 +0000

Do not miss this gorgeous plan at the end of the cul-de-sac in the Sunwest Hills neighborhood! Single story plan with plenty of upgrades throughout ht entire home and lost of natural light. This beautiful home is absolutely move in ready!! Granite kitchen and bath counters, also a large center island in the kitchen. Beautiful tropical back yard landscaping.

4 Bedrooms, 2 Bathrooms, 2,043 sq. ft.

Listed at $330,000-$385,000 – MLS 090025287

Contact reo@lundteam.com or call (760) 438-0800 for additional information

Courtesy of Team USA Realty and Investments

Custom Home In Oceanside!!!

admin — Wed, 29 Apr 2009 22:56:00 +0000

Custom craftsman style residence in a great cul-de-sac neighborhood with 3 other homes of similar style and size, also, absolutely no HOA!! Being a custom home it was build with the finest materials available from the front door through the entire house to the large back yard. Extensive custom stone work down all around the house. 3 Car attached garage and 2 separate private balconies. Builder built 3 of the other homes on the street and this was to be his personal residence, however, his loss and your gain!! Lots of potential to appreciation.

5 Bedrooms, 3 Bathrooms, 3,301 sq. ft.

Listed at $529,900 – MLS 090023800

Contact reo@lundteam.com or call (760) 438-0800 for additional information

Courtesy of RE/MAX United