Welcome to San Diego Blog | December 15, 2010

La Vita | 300 W Beech St & 1580 Union St

La Vita Condos…

…are arguably the best high-rise condo complex located in Little Italy. Although it is not considered a luxury condo building, it does share some of the same amenities as its neighboring luxury condo buildings in the Columbia District. La Vita is all about value; it features a swimming pool, Jacuzzi, billiards room, fitness center, on-site security and secured underground parking all for less than two thirds of the monthly HOA dues of the luxury high-rise buildings like Bayside or The Grande, making it one of the best options right now compared to other downtown San Diego condos for sale.

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La Vita Condos San Diego – Best Features

  • Views– High-rise has great unobstructed views to the north and west. See the San Diego bay, SeaWorld fireworks, Mission Bay & more.
  • Good variation of floorplans ranging from small one bedroom condos, small two bedroom condos to larger townhomes with up to 4 car private garages.  Great vacation homes
  • Light and bright- many of the floorplans feature floor to ceiling windows which allow ample light to flow into the spaces to make them feel larger than they really are.
  • Good HOA– Since Curtis Management took over as the HOA management company in 2009, the building has slowly been growing into better financial shape. The HOA board is very active and is a sharp group that care about their condo community.
  • Value– a lot of amenities for very low monthly HOA cost.
  • Location– Easy access to and from the freeways, just 2 blocks from the main promenade in Little Italy and only about 5 min from the airport plus it is walking distance to the San Diego Bay, Gaslamp Quarter and Balboa Park.

La Vita Condos for Sale | La Vita Condos Sold

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Chad’s take on La Vita Sales – La Vita one of my favorite Little Italy buildings.  There are definitely some great opportunities for buying here because the Bank owned properties that have been sold by out of the area agents that don’t market those properties well have just killed the values.  How about a few prime examples to back up this claim?  Both 1408 and 1308 were sold by downtown agents that do good work at the prices of $500,000 and $472,500.  1408 had a few minor upgrades like a mirrored wall, but nothing particularly expensive.  1708 – a bank owned listing that had new carpet and new paint installed prior to listing and the out of the area agent sold it for $420,000.  The bank left about $75k on the table here, but a savvy buyer (could have been you) scored a great deal.

Same scenario with 1302 and 1802.  Why is it that 1802 with 74 sq/ft more, a superior view from 5 floors above and an almost identical floorplan sold for $21,000 less than an inferior 1302?  Bad marketing and a bad choice of agents from the bank.  1902 sold for $635,000 just a year prior!  What does all of this mean?  It is a good time to buy at La Vita, but if you own there, the banks are driving down the value of your property.  There are more pre-foreclosures at La Vita right now so there are some more deals on the way.  For more information give us a call 619-309-8011 or fill out the form below.

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Written by: chad

Categories: Buyers, Downtown San Diego, Little Italy, Little Italy Real Estate, Relocation, San Diego Real Estate

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