March 2010 brings San Diego home buyers some fantastic opportunities to buy a bank owned condo downtown San Diego.  The market seems to be saturated with foreclosure condos and this will present some great buyer opportunities.  These are my favorite choices for downtown San Diego condos & lofts based on price, value, and location.

Downtown San Diego Best Foreclosure Properties

Top Pick |  La Vita San Diego  |  Residence 1802

This La Vita Condo offers up amazing views from the 18th floor of the southwest corner which overlooks Coronado, the San Diego Bay and accross to the airport.  The residence offers 2 bedrooms, 2 baths, 1109 sq/ft, a balcony and 2 side by side parking spaces. 

La Vita features low HOA dues and great amenities including pool, jacuzzi, rec room, fitness center, courtyard with BBQ areas,  security, onsite property management and more.  The exact floorplan one floor above (1902) sold for $635,000 just 9 months ago!  Residence 1802 at La Vita is offered at $489,900.

2nd Choice Foreclosure Condo  | Doma San Diego  |  Residence 418

Doma Condos is a wonderful building located at 1750 Kettner in the charming Little Italy Neighborhood.  Residence 418 features 1 bedroom, 1.5 baths and 902 sq/ft of living space.  This Doma Condo features magnificent views of the San Diego Bay, a great floorplan, low HOA dues and a perfect location.

Doma San Diego amenities include a serene courtyard with lush landscaping, a state of the art fitness center, rooftop deck with BBQ area, jacuzzi and outdoor seating.  This Doma condo  is offered at a low $329,000.

Final Pick |  Acquavista San Diego  |  Residence 419

Residence 419 offers a great opportunity for an investor, first time buyer or even somebody looking for a vacation home.  This Acqua vista condo features 2 bedrooms, 2 baths, 1036 sq/ft and sits on a corner of the building.   Aquavista is in a great location in Little Italy just far enough from the train tracks that the horn is not bothersome.

Aqua Vista offers a rooftop swimming pool, jacuzzi, and sundeck.  Amenities also include valet parking, fitness center and onsite property management.  The HOA dues are in the mid $500’s on account of the amenities, but with a sales price of $259,900 one can’t go wrong buying this condo. 

Take advantage of this opportune time to own a piece of San Diego and the major metropolitain city that will experience the most growth in the US over the next 10 years.  The warm & sunny weather, friendly people, exciting city and worldclass living make San Diego a great place to call home.

Give us a call if you are interested in buying one of our bank owned condos: 619-309-8011