As specialists in the field of 2-4 unit properties, we are seeing a growing trend of Millennials seeking a duplex, triplex, or fourplex property as their first home instead of a single family home. It makes much more financial sense, so we are not surprised at all. However, there are many hurdles to overcome when buying your first home, whether you are a Millennial or not. The graphic below is … [Read more...]
San Diego 2-4 Units Qtr Report – 4th Quarter 2016
The 2016 San Diego 2-4 Units 4th Quarter Report (Oct 1 – Dec 31, 2016) consists of the following data/charts. THIRD QUARTER 2016 VS FOURTH QUARTER 2016 PRICES Surprisingly, the last quarter of 2016 showed a considerable increase in price from the previous quarter. This is interesting because the 4th quarter of the year typically tends to show a dip in … [Read more...]
Loan Limits Increase for 2017!
The conforming loan limits have increased for 2017! If you're considering purchasing a property in 2017, this is great news! Take a look! To learn more about the conforming loan limits and what this might mean for you, please contact us anytime! CALL US! (858) 449-1253 or email LAWRENCE@DUPLEXSANDIEGO.COM … [Read more...]
2-4 Units for the Multigenerational Household
The housing landscape of America has changed vastly over the years in many ways. Among those many ways is the growing trend toward the multigenerational household (see image below). For numerous reasons, Americans are embracing the concept of housing family and loved ones from multiple generations under one roof. For some, this can be a challenging living arrangement. That's where a duplex, … [Read more...]
San Diego 2-4 Units Qtr Report – 3rd Quarter 2016
The 2016 San Diego 2-4 Units 3rd Quarter Report (Jul 1 – Sep 30, 2016) consists of the following data/charts. SECOND QUARTER 2016 VS Third QUARTER 2016 PRICES When assessing the price changes from the second quarter compared to the first quarter, it's an evident mixed bag of increases and decreases. Even the median and average figures are conflicting when you look at the 2-4 unit market as a … [Read more...]
Should I Renovate Before I Sell?
A very common debate that San Diego 2-4 unit property owners have is whether or not to renovate their property right before selling in order to yield a higher net profit. Should I renovate before I sell? If you're thinking of selling your duplex, triplex, or fourplex, you may be better off selling the property in its current condition than investing thousands of dollars in renovations. This may … [Read more...]
Sell your home to buy a duplex, triplex, fourplex?
We often are asked, does it make sense to sell your home to buy a duplex, triplex, fourplex?The answer is not the same for every homeowner, but it may be right for you. Why would a homeowner consider such a move you ask? Here are some common reasons along with some notes to consider: The homeowner is looking to offset the cost of a mortgage with supplemental rental income: There are … [Read more...]
San Diego 2-4 Units Qtr Report – 2nd Quarter 2016
The 2016 San Diego 2-4 Units 2nd Quarter Report (Apr 1 – Jun 30, 2016) consists of the following data/charts. Second Quarter 2016 VS First QUARTER 2016 PRICES It is evident that as a category, the prices of 2-4 units have dropped in the 2nd quarter compared to the 1st. This is an interesting statistic considering the 2nd quarter has been strong for the past several … [Read more...]
North Park Triplex! Privacy, Cash Flow, Beautiful Condition!
3110 32nd St, San Diego, CA 92104 This is a UNIQUE OPPORTUNITY to own 3 beautifully maintained units w/ 4 garaged parking spots on a VERY PRIVATE lot! It's rare that a property like this comes on the market. Privacy and Nature in a Prime Location: Most buyers feel like they have choose between nature/privacy and a great metro San Diego location. This property has BOTH! This property is so … [Read more...]
2 Houses on 1 Lot in North Park! Just 2 blocks from Morley Field!
3619-3621 Louisiana St, San Diego, CA 92104 Just Listed!! CALL TODAY for a private showing! (858)449-1253 A Rare Opportunity: North Park is a highly sought after area, because of its proximity to so many great restaurants, cafes, stores, and parks. Here is your chance to own two homes in one of the most desirable parts of North Park with room to create value! This two home setup is perfect … [Read more...]
