JENNY DUMAI AND
ILANA MACZKA
Let us make a difference in your life with our experience and expertise
Estamos a sus órdenes para guiarlos con el proceso de compra/venta de su casa en San Diego, CA
Here to SERVE YOU with all your Real Estate needs.
Let's chat!
FEATURED LISTINGS
- 1/5 5
New$299,999
1 Bed1 Bath500 SqFt801 NATIONAL CITY BLVD, National City, CA 91950
Condo
Listed by Jose Cortes of Southwest, Realtors
- 1/41 41
New$1,200,000
6 Beds4 Baths2,662 SqFt3436 Martin AVE, San Diego, CA 92113
Multi-Family
Listed by Richard Montano of Richard Montano, Broker
- 1/48 48
New$14,995,000
5 Beds7 Baths6,732 SqFt8633 Ruette Monte Carlo, La Jolla, CA 92037
Single Family Home
Listed by Johnny Noris of Compass
- 1/58 58
New$1,790,000
6,969 Sqft Lot4654 56 Blackfoot Ave, San Diego, CA 92117
Multi-Family
Listed by Dragan Vasic of MRP Services
Discover More Areas of San Diego
- Any
- $ 50,000
- $ 100,000
- $ 150,000
- $ 200,000
- $ 400,000
- Any
- $ 200,000
- $ 300,000
- $ 400,000
- $ 600,000
- $ 800,000
- Any
- 1
- 2
- 3
- 4
- 5
- Any
- 1
- 2
- 3
- 4
- 5
- Any
- 1
- 1.5
- 2
- 3
- 4
- 5
- Any
- 1
- 1.5
- 2
- 3
- 4
- 5
DEL MAR MARKET SNAPSHOT
(OCT 11, 2024 - NOV 10, 2024)
DEL MAR MARKET SNAPSHOT
- Any
- $ 50,000
- $ 100,000
- $ 150,000
- $ 200,000
- $ 400,000
- Any
- $ 200,000
- $ 300,000
- $ 400,000
- $ 600,000
- $ 800,000
- Any
- 1
- 2
- 3
- 4
- 5
- Any
- 1
- 2
- 3
- 4
- 5
- Any
- 1
- 1.5
- 2
- 3
- 4
- 5
- Any
- 1
- 1.5
- 2
- 3
- 4
- 5
CHULA VISTA MARKET SNAPSHOT
(OCT 11, 2024 - NOV 10, 2024)
CHULA VISTA MARKET SNAPSHOT
- Any
- $ 50,000
- $ 100,000
- $ 150,000
- $ 200,000
- $ 400,000
- Any
- $ 200,000
- $ 300,000
- $ 400,000
- $ 600,000
- $ 800,000
- Any
- 1
- 2
- 3
- 4
- 5
- Any
- 1
- 2
- 3
- 4
- 5
- Any
- 1
- 1.5
- 2
- 3
- 4
- 5
- Any
- 1
- 1.5
- 2
- 3
- 4
- 5
CORONADO MARKET SNAPSHOT
(OCT 11, 2024 - NOV 10, 2024)
CORONADO MARKET SNAPSHOT
Meet Jenny and Ilana
RECENT SALES
- 1/46 46
closed
$1,120,000
$1,120,000
3 Beds3 Baths2,337 SqFt1297 Poplar Spring Rd, Chula Vista, CA 91915
Single Family Home
Listed by Ilana Maczka of Coldwell Banker West
- 1/45 45
sold
$1,120,000
$1,120,000
3 Beds3 Baths2,337 SqFt1297 Poplar Spring Rd, Chula Vista, CA 91915
Single Family Home
Listed by Ilana Maczka of Coldwell Banker West
- 1/26 26
closed
$905,000
$905,000
2 Beds2 Baths1,031 SqFt3204 Caminito Eastbluff ##55, La Jolla, CA 92037
Townhouse
Listed by Jenny Dumai of Coldwell Banker West
- Homes for Sale 92130
- Homes for Sale 92129
- Homes for Sale 92127
- Homes for Sale 92128
- Homes for Sale 92122
- Homes for Sale 92014
- Homes for Sale 92037
- Homes for Sale 92075
- Homes for Sale 92024
- Homes for Sale 92118
- Homes for Sale 92103
- Homes for Sale 92104
- Homes for Sale 91914
- Homes for Sale 91915
- Homes for Sale 91910
- Homes for Sale 91913
WHAT'S GOING ON AROUND TOWN?
Downtown office tower sold to buyer planning to convert vacant floors into residential units
A local real estate developer plans to turn the 58-year-old office tower it just bought in downtown San Diego’s financial district into a mixed-use building with more than 100 residential units.Encinitas-based Ambient Communities purchased the office building at 530 B St. for $27.5 million — or $110 per square foot — on Oct. 25, property records show.The developer intends to convert the building’s current and soon-to-be vacant floors into residential units, targeting between 130 and 180 total units, said Robert Anselmo, a principal with the firm. Over time the entire building will likely be converted into residential units, he said.“Our units are going to amazing. The fact that we were able to buy a building at an attractive price hopefully gives us an advantage to be able to provide an amazing product at a reasonable price,” Anselmo said. “And we’re hopeful that with other office buildings re-trading at a lower basis that they will generate some new users in the downtown area.”The conversion effort, which will start with a year or more of design and permitting work, marks the first substantial office-to-residential conversion project in the downtown market in the current real estate cycle.The project is possible, in part, because Ambient paid less than half of what the seller, San Francisco-based Swift Real Estate Partners, paid for the property in August 2017, or $57.7 million. The building’s distinct floor configuration also made it a strong candidate for housing.“The building has the right size floor plate and bay depths, from the elevators to the edge of each wall, to allow for the proper light and sun into bedrooms, kitchens and living areas. It has uniquely high ceiling height for each floor, which wasn’t common for buildings built during in that era,” Anselmo said. “It also has floor-to-ceiling windows, which makes for very attractive living spaces. And the previous owner spent a lot of time and money in keeping (the building) well maintained.”Opened in 1966 as the headquarters of the First National Bank Building, the 24-story skyscraper at 530 B St. is emblematic of downtown’s once booming B Street corridor, where post-pandemic workplace trends have led to record vacancy rates and plummeting values.The 250,000 square-foot building that faces B Street, in between Fifth and Sixth Ave., was 76.8% leased at the time of its sale. Many of the floors will be completely vacant when leases expire next year, Anselmo said. Anchor tenants include National Conflict Resolution Center, Rivo Holdings LLC and U.S. Bank.Ambient, which is working with architect Carrier Johnson + Culture, intends to convert floors into housing as they become available. The developer said it envisions creating one-, two- and three-bedroom units. The firm also plans to deed restrict an undisclosed number of the units for low-income families.The developer, Anselmo said, also plans to introduce new amenities, including a gym, and upgrade the outdoor terrace on the third floor into a “pretty special space.”Founded in 2011 by former Corky McMillin executives, Ambient Communities has experience in master planning communities, housing development and commercial real estate. The company specializes in single- and multi-family housing projects, including several spread across the county. Its portfolio includes the master-planned community Righetti Ranch in San Luis Obispo. Ambient Communities also built and later sold the San Elijo Town Center in San Marcos.The developer is on the right track with its plans for 530 B, said real estate analyst Gary London, a principal of local firm London Moeder Advisors.“I like the idea of a partial conversion, because essentially what they’re doing is testing the market, and that’s exactly what I would be doing,” London said. “(Ambient Communities) paid so much less for the building than it was formally valued at, that they have some wiggle room to try new things.”London added the downtown office market will continue on its current path, with tenants downsizing and moving out of the older stock of B Street buildings and into newer spaces on the west side of downtown, closer to Holland Partner Group’s West project.Related ArticlesBusiness | City spending $2.8M on remodel of future Mission Valley office Business | The San Diego company at the center of a new era in college sports Business | Oceana residents unhappy about 6-story, mixed-use development Business | Even San Diego’s life science office buildings are sitting vacant. ‘We just oversubscribed on space.’ Business | San Diego may have violated environmental law in deal to sell Tailgate Park to Padres development team The real estate expert previously predicted that the foreclosure of the office building at 600 B St., across the street from 530 B, would be the first of a, “domino of failure along the B Street corridor.”In the ensuing months, San Diego’s biggest office landlord sold Symphony Towers for cheap — or $84 per square foot. The landlord, Orange County-based Irvine Company, also put two more of its downtown office buildings on the market last month.Although the conversion of failing downtown office buildings into residential buildings has been openly discussed by industry professionals, nothing substantial has materialized in the current real estate cycle. That’s because the popular opinion among architects is that only a certain type of building, one with the right space configurations, is ripe for conversion, said London, who disagrees with that logic.“The office market is so moribund right now, so down, that it’s important to try new things,” he said.The Tower 180 office tower at 180 Broadway Ave., which was purchased by hotel developer J Street Space in late 2023, is expected to be converted in some fashion, although with a focus on hotel rooms. Two affordable housing developers are in preliminary talks with the city of San Diego to convert the empty 101 Ash St. office building into residences for low-income families.CBRE’s Matt Carlson, Hunter Rowe, Camille Doan, Matt Pourcho and Anthony DeLorenzo represented the seller in the 530 B Street transaction. Mickey Morera of Kidder Mathews represented Ambient Communities in the deal. Ambient Communities borrowed $16.5 million to finance the transaction.
Read more
Unhinged, A Dating Series: Can an Early Bird Date a Night Owl?
This past weekend, my relationship with Caleb* passed the six-month mark. We’re growing closer—and, as we do, it’s getting a bit more challenging to share our experiences in this column. Let me explain.I promised myself and readers that I’d be open and honest when it comes to writing about my dating life. Over the past few months, I’ve found it helpful to write out the thoughts and questions I’ve had while getting to know Caleb. At some point, though, there came a shift. I felt a need to protect what we’re building. My last personal post came out in August. Since then, I’ve wrestled with what to share next. Caleb is the kind of person who makes friends wherever he goes. A personable extrovert, he works in an industry that allows him to travel often and befriend people along the way. I’ve met so many new faces through him. His friends read this column, and my crew reads each piece, too—so, you can see where this can start to get tricky. “I’d never ask you to stop writing the column because of me,” Caleb said once. “This is how we met.” He’d also be the first to share how proud he is of this Unhinged community that we’ve built together—you, the readers, and me.That’s all to say that I’m a little nervous this week as I dig into a topic that we’re still working through as a couple. But conversations with friends have proven that today’s topic is one many couples have had to work through (or are currently wrestling with): How important is it for partners to share the same lifestyle and social needs?I love getting into bed at 9 p.m. every night, and while I used to head into the Gaslamp decked out in heels and tiny dresses in my 20s and early 30s, those days are long behind me. I prefer daytime drinks now, and even then, I can only handle a few (hangovers are two-day affairs). A perfect weekend day for me involves sunshine, a workout, tons of great food, and time to socially unwind from the week.Caleb, on the other hand, has been a roadie for touring bands for the last 15 years, working his way up from loading and unloading equipment to directing concert video. You know those massive LED screens that project the concert for the whole arena to see? He’s the one behind the scenes, deciding when each camera’s shots get mixed into the main feed. He’s used to being up late, doesn’t have a standard work schedule, and only gets to see friends when he’s home for a few days at a time. So, he likes to make the most of his time at home in San Diego.Sometimes, that looks like late nights drinking with his friends, watching football indoors all day on Sundays, and keeping a jam-packed schedule of events on the weekends. Neither lifestyle is right or wrong. They’re just different.We had the big conversations early on in our relationship—marriage, kids, religion, whether we both planned to stay in San Diego—and we aligned on most of these things, which is why we chose to keep seeing each other. What I didn’t expect, though, was how often our lifestyles and social needs would come into play in the day-to-day. Maybe that was naïve of me—but it’s never really been an issue in previous relationships. Lately, my social calendar has been packed with birthday parties, trips, weddings, and weekend activities, mostly with his group of friends. It’s been fun and exciting, and his buddies have welcomed me in so kindly and graciously. But introverts need to recharge. My social battery feels more drained than ever, and I wonder how long I can keep going without the downtime I need to regroup each week.Caleb is asking himself similar questions. As an extrovert who loves his circle, can he be with someone who may need to skip out on social events occasionally, or someone who asks to leave parties early when he’s still enjoying his time out?We haven’t figured it out yet. But it’s there, this lingering question. As I sat down to write this week, I asked my colleague and SDM Associate Editor Amelia Rodriguez for her thoughts on the subject.She’s been with her partner for two years. They moved in together about a year ago and are excited to get engaged sometime soon. In the past, Amelia has dated women with very different lifestyles and social needs from her own. She considers herself an extrovert, though she values sleep and taking time to reset, and she isn’t much of a drinker or partier. “I think vastly different social needs were a big part of why several of my previous relationships didn’t work out. I hated feeling cooped up inside with more introverted partners, but when I went in the opposite direction and dated an outgoing bartender, I rarely saw them—they couldn’t do early mornings, I couldn’t do late nights,” she says. “Another more extroverted fling drank… a lot. I couldn’t match her energy, and the fact that her drinking made her forget details of our dates that I remembered left me feeling lonely and sad.”When she first met her now-partner, they didn’t have much in common when it came to shared hobbies or interests. Amelia likes art museums, poetry readings, and ice cream shops. Her lactose-intolerant girlfriend, on the other hand, was into soccer games, breweries, and camping. “But we shared a similar love for being out in the community, and as we introduced one another to our favorite things, it became clear that doing something together was more important than what the thing was (though she still hasn’t managed to get me to camp),” she says. “Some couples I know are really comfortable having fairly separate social lives and different lifestyles, but that wouldn’t work for me, personally. Of course, we spend time apart—alone at home or with our own friends—but the fact that, pretty much every weekend, we’re excited to plan something interesting to do together makes the occasional ‘you go; I’m too tired’ no big deal.”This all makes sense to me, though it does still leave me with questions. For one, a good man is hard to find (at least in my own experience), so I’m worried that I’m overthinking our lifestyle differences. Caleb has so many qualities that I want in a husband. Is it a deal-breaker if his life never slows down? Would I be okay having a big portion of our lives be separate in order to make sure we both feel happy and fulfilled while together?In the next column, I’ll be chatting with others and enlisting the help of relationship coaches, therapists, and experts in dating to find out what they can share about this topic. And I want to hear from readers. Do you and your longtime partner have different social needs? If you’ve dealt with these same questions, drop me an email at [email protected] and let me know how it’s played out in your life.*Caleb is a pseudonym.If you’re new to Unhinged, catch up on all the dating chats you’ve missed here and follow along at @monicles and @sandiegomag on Instagram to know when a new article drops each week.Sign-up now for the Unhinged newsletter launching this month. Get exclusive content, Q&As with Nicolle, and subscriber-only meet-ups![sdm-newsletter-placement]The post Unhinged, A Dating Series: Can an Early Bird Date a Night Owl? appeared first on San Diego Magazine.
Read more
San Diego home buyers in a ‘holding pattern’? Home sales plunge
San Diego homes sales have slowed to a snail’s pace.In September, 1,987 homes sold in San Diego County, CoreLogic reported Friday, its lowest for a September in records going back to 1988. It also marked the 10th-slowest sales month of all time.Sales were down 22% from August, and down 6.4 percent from the same time last year when home purchases began to fall off considerably.San Diego County’s median home price was $880,000 in September, down $15,000 from its peak in May, but still up 6.2% in a year.Mortgage rates and still-high home prices have significantly slowed sales across the nation, not just in San Diego. While September is typically a slower month, because kids are returning to school, seasonality can’t fully explain recent events.Mark Goldman, a San Diego loan officer and real estate analyst, said there was a lot going on in September to dampen sales: Fluctuating mortgage rates began to shoot up again and there was trepidation over the upcoming election.“I think people were staying on the sidelines, to see which way the wind would blow,” Goldman said. “People kind of were in a holding pattern. I expect us to return to a more seasonally normal level of sales in November.”Mortgage rates actually hit a low point in September, an average 6.08% for a 30-year, fixed-rate mortgage in the last week of the month. However, rates quickly rose after that, hitting 6.72% by the end of October.Mauricio Perez-Vazquez, a Chula Vista real estate agent, said potential buyers did not have time to take advantage of lower rates.“It didn’t last long, that’s the thing,” he said. “A lot of people maybe thought, ‘OK, (rates) are starting to drop.’ By the time they were ready, lower rates were gone.”Perez-Vazquez said lower sales could also explain the number of homes for sale dropping. There were about 5,500 homes for sale at the start of September, said the Redfin Data Center, but that number has been steadily declining since to around 5,200. He said the lack of inventory was making sales more difficult for potential buyers.A recent study from Orange County-based Reports on Housing said many sellers were throwing in the towel after not getting high enough offers for properties. The real estate research firm said as of September, 6,990 homes have been taken off the market compared to 3,478 last year.Redfin said the median number of days on the market for a San Diego County home was 26 in September, up from 15 days at the same time last year.There were still bright spots to be found for some buyers in September. Perez-Vazquez said he helped a buyer qualify for the California Dream for All program, which gives up to 20 percent down for first-time homebuyers. Applicants must be a first-generation homebuyer and have a household income of less than $189,000 in San Diego County. His buyer was able to buy a $550,000 condo in downtown Chula Vista.Here’s how different home types in San Diego County fared in September:Resale single-family: Median of $982,500 with 1,252 sales. It is down from a peak of $1,007,500 reached in May.Resale condo: Median of $690,000 with 610 sales. It’s down from a high of $723,000 in April.Newly built: Median of $801,000 with 93 sales. This figure combines single-family homes, townhouses and condos. It was down from a peak of $1.2 million last July, when there was an influx of newly built single-family homes, lifting the median higher.Home price gains were mainly down or flat across Southern California in September. Here’s a look at the median prices in the counties:Los Angeles County: Down 2.9% monthly for a median of $850,000; up 1.6% in a year.Orange County: Flat month-over-month for a median of $1,175,000; annual rise of 11.6%.Riverside County: Monthly rise of 0.4% for a median of $579,500; up 5.4% annually.San Bernardino County: Down 2.2% in a month for a median of $498,750; up 3.2% annually.San Diego County: Up 0.6% in a month to a median of $880,000; up 6.2% in a year.Ventura County: Down monthly 4.2% for a median of $820,000; up 1.2% annually.
Read more