4909 Orchard Ave #101

San Diego,CA 92107

$ 650000

2 Beds

2 Baths

948 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 948 sqft

Price per Sqft $685

Subdivision Ocean Beach

MLS Listing ID 230011560SD

Bedrooms 2

Full Baths 2

Condo Fees $700

HOA Fees $700/mo

Year Built 1964

Lot Size 10,885 Sqft

Property Description

First floor. End unit. 15 units in building. Ocean View Supplement has copy of email dated 3.5.24 regarding repairs planned for building Paul Bell’s mother owns unit 304 so Paul has been appointed to manage our building renovation because he has extensive experience in running development projects. We spoke yesterday and I asked him to give me an update so all can plan. He said the garage wall construction was delayed due to trying to find the low cost and best approach but now it is on track to hopefully start in a month or two. At this point, it looks like parking restrictions will happen during the construction. I will keep you informed. As for the remaining and challenging improvements to be done include: replacing most of the stucco, repair the staircase, repair the walkways, repair the balconies/windows/doors and replace the electrical panel plus beautifying the front of the building etc. I believe and our contractor/permit advisor believe the best approach to get all the work done at the lowest and quickest cost is to close the building for 3-4 months which would be a hardship for all. We are required to get city and coastal permits so it would be best to submit the entire plan but not include our coastal bluff. The permits will take 7-12 months to get approvals before construction could start. As a result, the most conservative estimate is that the building would be closed January thru April 2025, possibly May. Remember, it’s all a best guess projection at this time.

Location

State CA

County San Diego

Area 92107 - Ocean Beach

Building/Complex Name Sunset Towers

Zoning R-1:SINGLE

Interior

Heating Electric,Radiant

Cooling None

Laundry Common Area,None

Exterior

Garage Assigned

Garage Spaces 1.0

Garage Description 1.0

Fence None

Pool None

Community Features Gated

Amenities Available Hot Water

View Y/N Yes

View Ocean

Roof Type Common Roof

Building

Story 1

Water Public

New Construction No

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Short Sale

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