Let ocean breezes keep you cool all summer
Ready to buy your first home in the San Diego area?
Now may be the best time to buy: Interest rates AND real-estate prices are low
In an auction, the buyer sets the price
Almost all the condos are fully furnished
Buy a fully warrantied new condo, not an "as is" home in foreclosure.
Are you an investor? Generate a positive cash flow in your first year of investing in a condo
Want to live near a community college? Live across the street from Southwestern College.
Save on gas! Live a ten-minute walk from the San Diego trolley
To acquire a new home at Bayview Tower, take these steps:
Download the auction brochure.
Pick the condo, furnishings, decor and starting bid that are right for you
Get ready for the condo auction on May 17, 2008.
Come to the condo auction at the San Diego Marriott Mission Valley at 12:00 noon on May 17, 2008.
Auction site: San Diego Marriott Mission Valley, May 17, 2008
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If you buy a Bayview Tower condo as an investor, you should be able to generate a positive cash flow in your first year of ownership.
Bayview Tower condominiums are fully furnished. They are ready for you to rent out as soon as you take title.
At the auction on May 17, 2008, you should be able to acquire an investment property for less than $170,000. Rarely can investors acquire rental properties at this low a price in the San Diego area.
Depending on the condo you buy, your property should produce monthly rental income between $1100 and $1500.
With 20% down, your property should generate a positive cash flow in your first year of ownership.
The higher gas prices go, the more properties near downtown San Diego are likely to appreciate in value relative to outlying properties that require longer commutes.
New York Times article: Gas Prices Send Surge of Riders to Mass Transit.
The condo auction on Saturday, May 17, 2008 may very well be your best opportunity to become a San Diego real estate investor for a long time to come.
Southern California Coastal Condo Auction Saturday, May 17, 2008.
Open House Hours| Monday: | 12:00 noon | - 6:00 pm |
| Tues - Sun: | 10:00 am | - 6:00 pm |
Bayview Tower
801 National City Boulevard
Corner National City Boulevard and East 8th Street
Phone (619) 399-3885
Email bayviewrep@coastalcondoauction.com
Almost all units to be auctioned are fully furnished.
Download free brochure of condos to be auctioned
Things to do and see in San Diego