Property Detail

4909 Orchard Ave #101

San Diego CA 92107

$945,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Rosemary McClary of Rowland Realty. Last updated 2024-04-27 08:05:59.000000. Listing information © 2024 CRMLS.

John Collins

John Collins

DRE# 01948188
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