4312 Falcon Street
San Diego, CA 92103
Case Study
Falcon Street
Falcon street was an REO we picked up from an agent who represented us on the purchase of the property.
Purchase Date: Purchased 7/28/10
Sales Date:
Purchase Price: $427,000
Bed / Bath: 2/2
Total Square Ft: 952
Price Per Square Foot: $604
Sales Price: $705,000
Holding Period:
Construction Costs:
Property Type: Residential, Detached
Year Built: 1962
Community: Mission Hills
Falcon Ave Project PRIVACY AND INCREDIBLE CANYON VIEWS!
This gorgeous home is “like-new” again with all systems new – elect. , plumbing, heating. This 2 Bed / 2 Bath, 952 sf home has new EVERYTHING! Gourmet kitchen with granite and stainless steel. Glass “subway tile” backsplash. Incredible views from two full decks – one on each level puts you on top of the world where you can be at peace. New flooring, paint, and baths. Master Suite has own deck and modern full bath with big walk-in shower. Gated storage area to R of garage. Small dog run. Permits and Insp.
4312 Falcon Street San Diego, CA 92103
Construction Complete
This purchase was an REO that was brought to us by an agent we had bought a few deals from. It is located in the very good neighborhood of Mission Hills near San Diego, California.
The hair on this deal is that the City had put a lien on the property due to numerous code violations.
Before we bought the property we met with the City to assess what had to be done and bought it. Well after a bureaucratic nightmare it took us from September until the end of December to get through plan check
Various stages of construction
The Falcon Blog
Updates on progress of the FalconPassed our nailing inspection on falcon
Hit another milestone today by passing our nailing and insulation inspection and have a crew working on taping and texturing the drywall and putting stucco at the garage. I am making my finish materials order today so we can start installing later this week. Here is...
ALMOST THERE!!!!
Well we only have one more inspection to go and the place is looking great. Cabinets are in tile is in color coat of stucco and cement this week beginning of next. Send pictures soon. Driving the comps...
Aaaaaaaalmost done with falcon flip!
Here are the latest pictures from last week - weve been very busy and have not been able to post everything I would like to. This week we should have Granite Painting Cement ADD VIDEO HERE I have not had the chance to upload the videos on the comps in the area but...
Garage Almost Complete
Here is a video of the Brand New Garage at Falcon. Just need to have it painted. Look for this gem to hit the market soon!!!!!!!!!!
Getting Falcon ready for the Market
Falcon is almost ready for the market which means time to run the comps again to gauge the market. Check out some of the comps under the CMA tab....
Falcon Flip Update – The Eagle Has Landed
So we finally got through plan check from the city (huge relief since our Falcon project in Mission Hills got stuck in the bureaucratic spin cycle because of a little plant called Artemisia californica or better known as coastal sage brush which I will now just refer...
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