Mission Hills Feb 2024

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C H E C K O U T O U R P R E F E R R E D PA R T N E R S O F F E R S I N S I D E !

SAN DIEGO

RESIDENT MISSION HILLS

843 10th Ave., Units A & B, San Diego 4 beds • 4.5 baths • 6,000 sq. ft. CALL FOR PRICING

T O D D A R M S T R O N G (DRE# 01256537) & M I C H E L L E T H A R A Y I L (DRE# 01924920)

T O D D A R M S T R O N G (DRE# 01256537)

SCAN FOR MORE

armstrongestates.com FEB/MAR • 2024 LOCAL UMBRELLA PUBLISHING


San Diego Business Journal

Part of Compass San Diego’s Top 50 Producing Teams ARMSTRONG & ASSOCIATES

Mick Frasca

Michelle Tharayil

(DRE# 02028305)

Sofia Arthur (DRE# 02100243)

(DRE# 01924920)

John Hernandez (DRE# 01990576)

Todd Armstrong (DRE# 01256537)

Ryan Dick

Scott Robeson

(DRE# 01951618)

(DRE# 02019463)

Eric Kuersteiner (DRE# 02210282)

Andy Acosta (DRE# 02211701)

Jill Eastman

ARMSTRONG & AS S O C I AT E S

(DRE# 01809507)

Jeff Brick (DRE# 02156850)

Jonathan Bernard (DRE# 02038285)

Christopher Triana (DRE# 02127696)

Brian Bazinet

Shelley Nyland

(DRE# 02214087)

(MARKETING & SOCIAL MEDIA DIR.)

Paul Scalone (DRE#: 02130429)

We’re proud to be featured in the San Diego Business Journal for being a Top Producing Team at Compass San Diego for Sales Volume in 2023.

Michael Nyland (DRE# 0221432)


Follow A&A on all social media platforms for all your Real Estate needs

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F E AT U R E D H O M E

JAC A R A N DA LOFTS Welcome to 843 10th Ave, Units A & B – a unique opportunity to own a sprawling New York-style industrial loft in East Village, San Diego. This combined property offers a vast 6,000 sq ft living space, complete with a private 2-car garage and an exclusive outdoor haven featuring an outdoor kitchen, expansive decks, a refreshing shower, and a private jacuzzi. This property is unfinished, presented as an estate sale, as a blank canvas for your creative touch. With striking 22-foot high, barreled ceilings and comprehensive building plans, you can transform it into your dream home. Upon completion, it will feature 4 spacious bedrooms, 4.5 luxurious baths, a dedicated home gym, a home theater, a game room, walk-in pantry, and a separate laundry room, plus two primary suites. The proposed finished masterpiece will boast high-end contemporary finishes, walk-in closets, and a custom chef’s kitchen with top-of-the-line appliances. Jacaranda Lofts is more than a property; it’s your canvas for a personal masterpiece. Own a slice of urban luxury in East Village, promising a lifestyle defined by modern opulence, innovative design, and endless possibilities. Seize this rare chance to craft your dream home in this iconic industrial-style loft.

SCAN FOR VIDEO

843 10th Ave., Units A & B, San Diego 4 beds • 4.5 baths • 6,000 sq. ft. CALL FOR PRICING

T O D D A R M S T R O N G (DRE# 01256537) M I C H E L L E T H A R A Y I L (DRE# 01924920)

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ARMSTRONGESTATES.COM | February/March 2024


THINKING ABOUT BUYING OR SELLING REAL ESTATE? LET’S START A CONVERSATION! Contact Todd Armstrong: (858) 229-8752 armstrongestates.com

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FOR SALE Step into the epitome of modern lakeside living at the "Villas at Eastlake" with this stunning two-story townhome. This contemporary abode features 2 bedrooms and 3 bathrooms spread across a spacious 1304 square feet. Upon entering, you'll be welcomed by a freshly painted, expansive living room adorned with vaulted ceilings and an adjacent formal dining/dinette area. The sliding door leads to a generous rear patio and fenced yard, providing seamless access to the outdoors with direct views of the lake. The recently updated kitchen is a culinary haven, boasting newly painted cabinets, brand new countertops, and a breakfast bar for casual dining. Ascend the brand new carpeted staircase to discover the primary bedroom, a serene sanctuary with vaulted ceilings, a sliding door to the rear patio overlooking the lake, an en-suite bathroom, walk-in closet, and a spacious shower. The home features tile flooring and wood laminate floors, complemented by newer windows and sliding doors. For your comfort, revel in the convenience of air conditioning and forced air heating. Parking is effortless with a spacious 2-car garage and 2 driveway spaces. The garage also offers washer and dryer hook-ups for added convenience. Boasting an ideal location, this home offers convenient guest street parking With proximity to I-125 and shopping, daily commutes and errands are a breeze. Don't miss the chance to claim this remarkable "Villas at Eastlake" residence as your own. Contact us today to arrange a viewing and immerse yourself in the pinnacle of modern living in a great location. SCAN FOR MORE

2110 Northshore Drive, Unit B,Chula Vista, CA 91913 2 beds • 2.5 baths • 1,304 sq. ft. • $799,888 M I C H A E L N Y L A N D (DRE# 0221432) & T O D D A R M S T R O N G (DRE# 01256537)

THINKING ABOUT BUYING OR SELLING REAL ESTATE? LET’S START A CONVERSATION! Contact Todd Armstrong: (858) 229-8752 armstrongestates.com

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ARMSTRONGESTATES.COM | February/March 2024


A R M ST R O N G E STAT E S . C O M

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SOLD

3791 Cedarbrae Ln, San Diego, CA 92106 5 beds • 4 baths • 3,811 sq. ft. • $3,200,000 T O D D A R M S T R O N G (DRE# 01256537) & J E F F B R I C K (DRE# 02156850)

THINKING ABOUT BUYING OR SELLING REAL ESTATE? LET’S START A CONVERSATION! Contact Todd Armstrong: (858) 229-8752 armstrongestates.com

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ARMSTRONGESTATES.COM | February/March 2024


A R M ST R O N G E STAT E S . C O M

3421 Park Blvd #406, San Diego, CA 92103 2 beds • 2 baths • 953 sq. ft. • $617,500 J O H N H E R N A N D E Z (DRE# 01990576)A

9312 Goyette Place Santee, CA 92071 3 beds • 2 baths • 1,161 sq. ft. • $835,000 A N D Y A C O S T A (DRE# 02211701)

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SOLD A R M ST R O N G E STAT E S . C O M

5929 Del Cerro Blvd San Diego, CA 92120 5 beds • 3 baths • 2,308 sq. ft. $1,955,000 T O D D A R M S T R O N G (DRE# 01256537) J E F F B R I C K (DRE# 02156850)

2232 Valner Court, San Diego, CA 92139 3 beds • 2 baths • 1,050 sq. ft. • $770,00 J I L L E A S T M A N (DRE# 01809507) & B R I A N B A Z I N E T (DRE# 02214087)

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ARMSTRONGESTATES.COM | February/March 2024

THINKING ABOUT BUYING OR SELLING REAL ESTATE? LET’S START A CONVERSATION! Contact Todd Armstrong: (858) 229-8752 armstrongestates.com



LEASING OPPORTUNITIES Know anybody who is relocating to San Diego and wants to lease in San Diego’s finest Luxury Buildings? Here are the buildings we represent for rent!

Welcome to Hillcrest, a fabulous community with tons of style and grit, and MÖDE is your luxury living destination in the center of all the action. With its modern interiors, upscale amenities, MÖDE’s personality is larger-than-life and created for all. Enjoy premium living in the neighborhood you want to be in and in a place that fits your vibe.

The residences at 525 Olive surround you with unparalleled views of park, sky, and bay. Inside, the well appointed interiors offer an elegant, beautiful refuge with designer-selected finishes and appliances that creates an elevated living experience. You’ve never seen views like this. 525 Olive is rising above Balboa Park and is the highest residential address in the city.

Cultivate the Life You Want to Live. Radian unveils an exceptional example of Downtown living. Immediate access to retail, gorgeous interiors and sweeping views of the Ballpark and Pacific Ocean are just the beginning. As a resident at Radian, you can truly live well. There’s Room for You at Radian.

MÖDE Hillcrest, 635 Robinson Ave. San Diego, CA 92103

525 Olive St., Bankers Hill San Diego, CA 92103

675 Ninth Ave San Diego, CA 92101

Call Todd at (858) 229.8752 for a showing.

Scan for the available units for leases

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ARMSTRONGESTATES.COM | February/March 2024


Do you want to know what your home is worth?

Find out today! Customized to your location and your property, our powerful pricing tool will demystify the current real estate landscape. By seeing the sale price of other homes in your area, you can have confidence your home is priced right and listed at the best time.

A R M ST R O N G E STAT E S . C O M

Please email Michael.nyland@compass.com to get your free home valuation. SDRESIDENT.COM

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A RM STRONG & ASSOC IATES A R MSTRONG & ASSOC IATES

Current Buyer’s Needs Current Buyer’s Needs A RMSTRONG & ASSOC I AT ES

Current Buyer’s Needs A RMSTRONG & ASSOC I AT ES

Current Buyer’s Needs Current Buyer’s Needs A RMSTRONG & ASSOC I AT ES

A RMSTRONG & ASSOC I AT ES

Buyer 1 Buyer 1 in Mission Hills Current Buyer’s Needs Looking Buyer 11

SE A RCH CRI T E RI A SE A RCH CRI T E RI A

Mission Hills, Up to 5M, Modern, turnkey, no canyons or 2 friendly - casually 2,500+ SE A RC H3+ C Rhills I TE R -I Achild Looking in Mission Hills Single Level or Master Must have yardcame up would looking downstairs. but if something phenomenal consider 3+ Bed 2 Bath 2,500+ Sq Ft Looking in Mission Hills

3+ 2 2,500+ Single Master downstairs. Must have yard andLevel 2 carorgarage, Bed Bath Sq Ft Single Level or Master downstairs. Must have yard Sq Ft Mission Hills/Point Loma looking for off marketBed views, pad Buyer 1 2 SE A RC H pool, C RBath I TE entertainment/party RIA andMax 2 car garage, price $4,000,000. A RMSTRONG & ASSOC I AT ES and 2 car garage, MaxLooking price $4,000,000. in $4,000,000. Mission Hills Max price 2 2,500+ canyon view, 3+ bed, 2+ bath, Buyer 13 Mission Hills/Bankers Hill - SFR, 1-2 levels, on a3+ SE A RC H Cwith R I TE RaI A

Single Level or Master downstairs. Must Needs have yard Current Buyer’s Bed Bath Sq Ft A spa and Buyer 2Mission2000+ sq.ft. yard and walkable to the bars/restaurants. Up to $3.3 Million. Looking in Hills and 2 car garage, 2 added. Open Buyer 2 a Fixer pool would be nice, but if not at least room for3+ them to to some Buyer 2 1+be 1+2,500+ Anylight Looking for Upper in Mission Hills.yard Single Level or &Master downstairs. Must have A RMSTRONG ASSOC I AT ES Max price $4,000,000.

Bed Bath Sq Ft changes, but not a full fixer. 1+ 1+ Bed 1+ 1+ Bath Any Looking aThe Fixer Upperin inMission Mission Hills. Any Sq Ft Looking agarage, Fixer Upper Hills.the better! Cash Buyer. worse the condition and 2for carfor BedBed Bath Bath Sq Ft Sq Ft Cash Buyer. The worse the condition the better! priceThe CashMax Buyer. worse theHills condition the better! Buyer 2$4,000,000. Mission and anything coastal all the way up to Carlsbad that has an amazing view,

Current Buyer’s Needs Buyer 14 A RMSTRONG & ASSOC I AT ES

SE A RC H C R I TE R I A

1900-1950 3+ bed, 2+ bath, 1+with an ocean 1+ view,Any Looking a Fixer Upper inSpanish Mission SFR, Hills.1-2 levels, on a canyon Looking for in Mission Hills 3+ 2 Buyer 2 The 1800+ sq.ft. Prefer it to a courtyard, An L or U-shaped house is2,500+ preferred, yard Bed Bath Sq Ft Cash Buyer. worsedownstairs. the condition thehave better! Single Level or Master Must have yard Buyer 3 Bed Ft andUpper pool or forHills. one is preferred. Up to $2.5M, think there Sq is some flexibility. 1+ but Bath 1+ Any Looking for a Fixer in room Mission and 2 car garage, They love the old original character want a trashed fixer Sq version Couple Looking inSDSDMetro Metro Area, 92103 and but do notBed Couple Looking Area, 92103 and Ft of it. Cash Buyer. Thein worse the condition the better! 3 Bath 2 2000+ 2000+ Max price $4,000,000. 3 2 Couple Lookingareas in SD Metro Area, 92103 and surrounding areas surrounding 3 Bed Bed Bath 2 preferably Sq Ft 2000+ Bath Sq Ft Buyer 3 Missionhave Hills/Hillcrest/University Heights - lot or a canyon Buyer 15 lot) SEsmall A RC H home C R I TE Ron IA (Pool or level 2 car garage surrounding areas (Pool level lot)Must Must have 2 car garage Bed - Looking Bath Sq Ft$700k that the client can 92103 build or an addition/major remodel to stay under Buyer 2Mission Couple Looking in SD Metro Area, and Max price Looking in $1,600,000. Hills (Pool or price level lot) Must have 2 car garage Max $1,600,000. 3 2 2000+ Buyer 3 3+ 2 2,500+ with a home on it already or under $400k if raw 1+land. 1+ Any surrounding areas Looking for aor Fixer Upper in Mission Hills. Master downstairs. Must have yard Bed Bath Sq Ft Ft MaxSingle priceLevel $1,600,000. Bed Bath Sq Couple Looking in SD Metro Area, 92103 and Bed Bath Sq Ft (Pool or lot)worse Must have 2 car garage Buyer 4garage, Cash The the condition the better! and 2Buyer. carlevel 3 2 2000+ Mission Hills, Up to $1M 2+ bed, 1+ bath, 1200+ Buyer 16$1,600,000. SE Asq.ft. RC H Ccanyon R I TE R I Alot preferred with a surrounding areas Max price Couple Looking for North of Downtown Max price $4,000,000. Bed Bath Sq Ft view, does not want to be in a flat/grid area. 3 2 1,400+ Couple Looking for North of Downtown (Pool or level lot) Must have 2 car garage Looking in Mission Hills Within 30 minutes of Hillcrest, Remodeled with Pool 2 2,500+ 1,400+ 3+ Bed 3 2 Bath Sq Ft Buyer 4 Max price $1,600,000. Couple Looking for North of Downtown Within 30 minutes of Hillcrest, Remodeled with Pool Single Level or Master downstairs. Must have yard or level lot3 . Buyer Bed Sq Ft 1,400+ Mission Hills, Metro and Point Loma 1.5M Sq Ft 127garage, SE A 3 RC HBed C RBath I TE R I2 A Bath Couple Looking for North of Downtown Within 30 minutes of Hillcrest, Remodeled with Pool and 2 car or level lot . Max price $1,000,000 3 2 1,400+ 1+ Bed 1+ Bath Any Sq Ft Couple Looking in SD Metro 92103 Buyer Looking for a Fixer Upper in Area, Mission Hills.and in4$4,000,000. Mission Hills Within 30 of Hillcrest, Remodeled with Pool Max price 3 2000+ or level lot . minutes 3+ 2 2,500+ Max price $1,000,000 Bed Bath Sq Bed Bath Sq Ft Ft surrounding areas Cash Buyer. The worse the condition the better! Single Level or Master downstairs. Must have yard Couple Looking for North of Downtown or level lot . Bed Bath Sq Ft Max(Pool priceor$1,000,000 Armstrong & Associates todd.armstrong@compass.com 3 2 1,400+ level lot) Must have 2 car garage with Pool and 2 car garage, Within 30 minutes of Hillcrest, Remodeled Max price2$1,000,000 Todd Armstrong armstrongestates.com Buyer Bed todd.armstrong@compass.com Bath Sq Ft Armstrong & Associates Max price Max price $4,000,000. or level lot$1,600,000. . 858.229.8752 DRE 01256537 1+ todd.armstrong@compass.com 1+ Any Looking for a Fixer Upper Armstrong in Mission Hills. Todd Armstrong armstrongestates.com & Associates Max price3$1,000,000 Buyer Armstrong & Associates todd.armstrong@compass.com Bedarmstrongestates.com Bath Sq Ft Buyer 4 The worse theTodd Cash Buyer. condition the better! 858.229.8752 DRE 01256537 Armstrong Buyer 2 Todd Armstrong armstrongestates.com Couple Looking in SD Metro Area, 92103 and Couple Looking for North 858.229.8752 of Downtown DRE 01256537 3 2 2000+ DRE 01256537 Armstrong & Associates todd.armstrong@compass.com 3 2 1,400+ 1+ 1+ Any Looking for aareas Fixer Upper in858.229.8752 Mission Hills. surrounding Within 30 minutes of Hillcrest, Remodeled with Pool Bed Bath Sq Ft Todd Armstrong armstrongestates.com Bed Bath Sq Ft 14 Cash ARMSTRONGESTATES.COM | February/March 2024 Buyer. the condition the better! (Pool or levelThe lot)worse Must have 2 car garage or level lot . 858.229.8752 DRE 01256537 Buyer 3 Max price $1,600,000. Max price $1,000,000

Current Buyer’s Needs Buyer 3 Buyer 3

Buyer 4 Buyer 4

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed.

Compass isCompass a real estate broker by theby State of California andand abides bybyEqual Opportunitylaws. laws. License Number 01991628. All material presented intended for informational only and compiled fromreliable sources is a real estatelicensed broker licensed the State of California abides EqualHousing Housing Opportunity License Number 01991628. All material presented herein is herein intendedis for informational purposes onlypurposes and is compiled fromissources deemed butdeemed reliable but has not been in price,incondition, sale or withdrawal maymay be be made No statement statementis is made as accuracy to accuracy any description. All measurements square are approximate. This to is not intended solicitlisted. property already listed. hasverified. not beenChanges verified. Changes price, condition, sale or withdrawal madewithout without notice. notice. No made as to of anyofdescription. All measurements and squareand footages arefootages approximate. This is not intended solicit property to already


A R M ST R O N G E STAT E S . C O M

WHAT WE DO Service the distinctively different and ever-changing real estate needs of the Veterans and Active Military members via a national network of highly skilled and specially selected agents. Within the military, there is a high level of trust amongst those who have served or are currently serving. The Compass Military Division will be the HQ for that trust, acting as a massive referral network that assists those that are relocating for their next assignment as well as those retiring to their dream home.

“YOUR HOME, OUR MISSION” Contact Your Local Compass Military Division Agent Today Michael Nyland Compass Military Division Chief Operations Officer M: 619.863.3531 michael.nyland@compass.com

FULL-SERVICE RESOURCES Whether you have orders for temporary duty or a permanent change of station or are separating from the service, our agents can provide information, education and referrals to help minimize stress and make your move a power move. Your Local Compass Military Division agent will help you prepare for your PCS, make connections at your new duty station and more. Relocation assistance service providers offer information, resources, and one-on-one support for: Moving costs Household goods shipments Childcare options, both on and off installation Sponsorship and youth sponsorship Schools Spouse employment and license transfer Newcomer orientations and pre-departure briefings Cultural adaptation LGBTQ+ Resources Community resources and more

Check us out on Instagram

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01527365. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified

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9 out of 10 Business Owners are Paying too Much in Taxes!

Stressed About Your Tax Bill? Missing Tax Returns? Buying or Selling a Home and Worried About Tax Implications? Does Your Accountant Offer Advice on Growing Your Business?

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1041 Market St Ste 165, San Diego, CA, 92101 Call us at (619) 677-6512 | www.invictus-advisors.com

Headquartered in San Diego, Invictus Advisors is a bilingual firm of senior executives with extensive experience in a wide range of industries. With locations in the US and Mexico, their team is well-versed in cross-border business with the ability to cater to both domestic and international companies of all sizes.

@invictusadvisorsusa OFFICIAL ACCOUNTING PARTNER OF ARMSTRONG & ASSOCIATES & THE COMPASS MILITARY DIVISION 16

ARMSTRONGESTATES.COM | February/March 2024


COMING SOONS Our clients have exclusive access to the properties before they hit the market.

Mission Hills 4 bed 5 bath 4,415 sq. ft.

Barrio Logan 3 bed 4 bath 1,550 sq. ft.

Palm Springs 2 bed 2 bath 1,400 sq. ft.

El Cajon 4 bed 3.5 bath 3,901 sq. ft.

Spring Valley 4 bed 3 bath 2,945 sq. ft.

West Hills Ca 3 bed 2 bath 1,358 sq. ft.

Carmel Valley 4 bed 2.5 bath 2,091 sq. ft.

Spring Valley 3 bed 2,5 baths 2,500 sq. ft.

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F R O M YO U R AG E N T

THE PRACTICE OF “BUYING A LISTING” IN REAL ESTATE:

WHAT HOME SELLERS NEED TO KNOW As a listing agent in the competitive world of real estate, the pressure to secure new listings can sometimes lead to the controversial practice of “buying a listing.” This term refers to the practice of agents agreeing to list a property at an inflated price in order to secure the listing, often at the expense of the seller’s best interests. In this article, we’ll explore what it means for a listing agent to buy a listing and the potential implications for both agents and sellers. Understanding “Buying a Listing”: “Buying a listing” occurs when a listing agent convinces a seller to list their property at a higher price than its market value. This tactic may be used to impress the seller with the promise of a higher sale price, even if it is unrealistic. The agent may then gradually persuade the seller to lower the price over time, ultimately leading to a sale. This practice can artificially inflate the number of listings an agent has, but it can also harm the seller’s chances of a successful and timely sale. Implications for Listing Agents: While “buying a listing” may seem like a quick win for listing agents, it can have long-term negative consequences. Overpricing a property can lead to extended days on the market, which may damage the agent’s reputation and credibility. Additionally, spending resources on an overpriced listing that ultimately doesn’t sell can be a drain on the agent’s time and finances. It’s essential for listing agents to prioritize ethical and transparent practices to build a sustainable and successful career in real estate. Impact on Sellers: Sellers who fall victim to the practice of “buying a (DRE# 01256537) listing” may experience frustration and disappointment when their property fails to attract genuine interest from buyers. An overpriced listing can deter potential buyers Conclusion: who perceive the property as out of their budget or not in line with The practice of “buying a listing” may offer short-term gains for listing market value. As a result, the seller may face prolonged carrying agents, but it often leads to negative consequences for both agents costs, increased stress, and a lower final sale price after multiple and sellers in the long run. By embracing ethical and transparent price reductions. practices, listing agents can cultivate a reputation for integrity and professionalism, ultimately leading to a more sustainable and The Ethical Approach: successful real estate career. Prioritizing the seller’s best interests Instead of resorting to “buying a listing,” listing agents should focus and accurately pricing listings will contribute to a healthier and more on providing sellers with accurate market analyses and pricing trustworthy real estate industry for all involved parties. recommendations based on current market conditions. By setting realistic expectations and transparently communicating with sellers, agents can build trust and foster positive long-term relationships. Prioritizing the seller’s best interests over the allure of a high number of listings can lead to more successful sales and satisfied clients. A R M S T R O N G E S T A T E S . C O M / (858) 229- 8752

Todd Armstrong

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MISSION HILLS

MARKET REPORT

A R M ST R O N G E STAT E S . C O M

S I N G L E FA M I LY

JA N UA RY

Key Metrics New Listings Pending Sales Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale Months Supply of Inventory

2023 12 8 4 $1,625,000 99.8% 24 23 2.5

TOW N H O U S E - C O N D O

Percent Change -16.7% -62.5% -50.0% -18.2% -11.2% +112.5% -8.7% -4.0%

JA N UA RY

Key Metrics New Listings Pending Sales Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

2023 23 20 9 $601,000 97.7% 40 18 0.9

Months Supply of Inventory

Median Sales Price - S I N G L E FA M I LY Rolling 12-Month Calculation

All MLS — 92103 —

2024 25 14 13 $763,325 93.8% 38 27 1.6

Percent Change +8.7% -25.0% +44.4% +27.0% -4.0% -5.0% +50.0% +77.8%

Median Sales Price - TOW N H O U S E / C O N D O All MLS — Rolling 12-Month Calculation 92103 —

$1,800,000

$900,000

$1,600,000

$800,000

$1,400,000

$700,000

$1,200,000

$600,000

$1,000,000

$500,000

$800,000

$400,000

$600,000

$300,000 $200,000

$400,000 1-2014 2-2015 3-2016 4-2017 5-2018 6-2019

2024 10 3 2 $1,330,000 88.6% 51 21 2.4

7-2020 8-2021 9-2022 10-2023

1-2014 2-2015 3-2016 4-2017 5-2018 6-2019 7-2020 8-2021 9-2022 10-2023

Provided by the Greater San Diego Association of REALTORS®. Current as of February 5th, 2024. All data from the San Diego MLS. Report © 2023 ShowingTime. Percent changes are calculated using rounded figures.

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PREFERRED PARTNER |

o

PA I N T I N G

C&S PA I N T I N G AND FINE FINISHES MENTION RESIDENT MAGAZINE AND RECEIVE 10% OFF YOUR ENTIRE JOB! C&S Painting and Fine Finishes is a full service painting company specializing in all areas of painting and finishing needs. The company has been serving San Diego County since 1978 as Paul Schubert Painting Inc. Their team of painters have 20+ years of experience, skills and knowledge to handle any job. They take pride in delivering professional results, from customers’ homes to large commercial and industrial spaces. The crew at C&S Painting and Fine Finishes is experienced and professional, ensuring complete satisfaction with your interior or exterior painting projects. They stand behind their work. Whether you are trying to spruce up your home by getting a new look or need to make needed improvements, they can handle the job. For more information on their painting services, visit www.cspaintinginc.com.

8170 Ronson Rd., Unit P, San Diego, CA 92111 | (858) 292-8836 | cspaintinginc.com PRESENTED BY TODD ARMSTRONG & ASSOCIATES

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ARMSTRONGESTATES.COM | February/March 2024

LICENSE #1097436


PREFERRED PARTNER |

Serving Southern California’s Mortgage Needs Since 1981

FUNDING

TURN YOUR DREAMS OF HOMEOWNERSHIP INTO REALITY With more than 40 years of experience, the Arrington Team offers the knowledge to get you the lowest interest rate and best loan program that exists today. As both a Direct Mortgage Lender and Broker, we provide in-house underwriting and funding as well as access to all existing loan programs. Our extensive contacts and knowledge of the market enables us to help our buyers get approved and closed when others cannot.

MORTGAGE EXPERTISE THAT BRINGS YOU HOME CONTACT US TODAY TO GET PRE-APPROVED AND READY TO MOVE.

The Arrington Team, Your Preferred Mortgage Lender in San Diego. Linnea Arrington President & Founder (619) 972-8006 | linnea@sdfunding.com NMLS# 241288 | DRE#00480540

Alexis Arrington Mortgage Loan Officer (619) 905-2199 | alexisarrington@sdfunding.com NMLS# 2387029 | DRE#02184490

880 West Washington Street, San Diego, CA 92103 (619) 260.1665 | sdfunding.com DRE #00844652 | NMLS #323907

PRESENTED BY TODD ARMSTRONG & ASSOCIATES Any information is for educational purposes only and represents a general illustration of typical mortgage terms and concepts. This does not constitute a commitment to lend. Rates and APR are subject to change. Not all borrowers qualify for all programs; they must meet underwriting guidelines and are subject to credit review and approval. San Diego Funding/Great Pacific Funding is an Equal Housing Lender and California Residential Mortgage Licensee. We fully comply with the Equal Credit Opportunity Act (ECOA) and all other Federal regulations. © 2023 San Diego Funding, Equal Opportunity Lender. All rights reserved. www.sdfunding.com

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PREFERRED PARTNER |

ARCHITECTS

EHM ARCHITECTURE

LICENSE #: CALIFORNIA ARCHITECT C22476

As Mission Hills residents and business owners since 1990, we have the best interest of our neighbors and neighborhood at heart. Whether you are restoring an historicallysignificant icon, renovating an older home, creating a new modern masterpiece, adding an Accessory Dwelling Unit or planning your new business space, our vast experience and strong customer service render us the ideal candidate to serve you. Call or email us today! Construction and permit processing services are also available.

Randal Jay Ehm AIA, NCARB, ASID 3966 Falcon Street, San Diego, CA 92103 | (619) 299 5453 x306 | www.ehmarch.com PRESENTED BY TODD ARMSTRONG & ASSOCIATES

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PREFERRED PARTNER |

SOLAR

SOLAR S O LU T I O N S C O M PA N Y SOLAR, BATTERIES, ELECTRIC CAR CHARGERS, “SMART” MAIN SERVICE PANEL UPGRADES GO GREEN AND LOWER YOUR ELECTRIC BILLS. We are in the Mission Hills neighborhood and can help you lower your electric bills, charge your car from the sun, and provide backup power during outages. Solar Solutions Company listens to your needs to figure out what best fits your situation and your home. Let’s have a conversation, not a sales call. No pushy sales tactics. Move forward when you are ready.

WWW.SOLARSOLUTIONSCOMPANY.COM (844) 577-2772 | SolarSolutionsCo@outlook.com BONDED & INSURED CA LICENSE #999310

PRESENTED BY TODD ARMSTRONG & ASSOCIATES

SDRESIDENT.COM

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PREFERRED PARTNER |

INTERIOR DESIGN

THANKS MISSION HILLS FOR BEING OUR STUDIO’S HOME SINCE 2021. WE LOVE IT HERE. HOPE TO MEET YOU SOON! www.adesignedspace.com

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info@adesignedspace.com

PRESENTED BY TODD ARMSTRONG & ASSOCIATES

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ARMSTRONGESTATES.COM | February/March 2024

At A Designed Space, we create vibrant and soulful interiors that enrich your life. We specialize in a unique look and feel that leans on colors and texture found in nature, and a design style that plays to opposites, blending modern with vintage, refined ease amidst artistic surroundings. Whatever the project, A Designed Space is focused on client service and will go the extra mile to bring our client’s design goals to life.


PREFERRED PARTNER |

INTERIOR DESIGN

HOST WITH THE MOST We are in the full swing of the holiday season and while some of us are travelling to friends and family, others have guests on their way! Thoughtful touches and attention to detail can truly make a guest feel at home. To enhance the hospitality experience for your guests, we are offering some wonderful tips for creating a warm and inviting space during the holiday season and any time of the year. • Welcome, welcome: A warm welcome sets the tone for a guest’s entire stay. Invite your guests in with a big hug, a seat and refreshments. After catching up, a tour of the essential areas – the Kitchen, their sleeping quarters and restrooms along with including any house tips (Wifi info, TV remote, parking info, etc.) will help your guests quickly get familiarized with their home away from home. • Personalized Touches: If you know your guest’s preferences, consider adding personalized touches to their space. This could include their favorite snacks, magazines, or even a playlist of their favorite music. • Catch-All Fun: Scatter trays & bowls strategically for a playful yet organized feel. This is a great way to keep essentials like keys, wallets, and jewelry within reach. • Ambiance: Creating the perfect hospitality environment starts with lighting, fragrance, and finishes. Consider adding layers of lights to your guest bedroom with table and reading lights, add a diffuser for a fresh scent and select a soft color palette with lots of texture. • Bedding Bliss: Fresh sheets, weighted quilts (matelassé) and layers of woven blankets and accent pillows elevate the comfort level of a bedroom. Including extra blankets and pillows is always a good idea! • Vanity Fair: If possible, a vanity table with mirror and a full-length mirror allows a guest to put themselves together in lieu of a trek to the communal bathroom. (Dorms, anyone!) • Refreshment Corner: Provide a selection of refreshments in the guest room or a common area. This could include a water carafe, some snacks, or even a small coffee or tea station. It’s a thoughtful gesture that ensures your guests don’t feel the need to intrude into the Kitchen late at night. These thoughtful touches go a long way in creating a memorable and enjoyable experience! Marea Riedler

Marea Riedler

Founder-Principal Designer

SDRESIDENT.COM

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PREFERRED PARTNER |

PET FOOD

PRESENTS:

The Unifying Power of a Wag, a Woof and a MEOW! IN A WORLD OFTEN TANGLED in the web of political affiliations and differing ideologies, let's paw-se for a moment and talk about a force that transcends party lines—our awesome four-legged companions - our dogs and cats. These fluffy diplomats possess an uncanny ability to bring people together, creating a shared love that not even the most heated political debate can undermine.

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ARMSTRONGESTATES.COM | February/March 2024


PREFERRED PARTNER |

Here at Dexter's Deli, your local community natural pet store, we are just the place where pet parents unite over a common love for their furry friends. Unlike us humans, dogs couldn't care less about political party affiliations, although the cat just might. They don't bark along party lines or judge us based on our voting history. Instead, they focus on the simple joys of companionship, belly rubs, and, of course, the mysterious allure of chasing their own tails. It's almost as if they're saying, "Why worry about red or blue when you can have a fetching good time in any color and where the best times are where the grass is the greenest.” At Dexter's Deli the most contentious debate is which special treat to buy or what is the best pet food for my fur-family member, can you write my dogs name on a pupcake or what is the best dog park toy. It's a place where "sit" and "stay" are the only commands that matter, and the only political affiliation is the shared love for all things canine and…feline of course. Our pets are our therapy, they are the furry healers in a world often in need of a pick-me-up, bringing us not only comfort, but also a generous dose of humor. And while us humans may differ in our political view’s, we can always find common ground in sharing laughter over our pets delightful antics. Dexter's Deli is a community - not only do we provide the essentials for a happy and healthy companion, but were political discourse takes a backseat and where we can all take a cue from our furry companions and wag off the political stress. Remember that in the grand scheme, a wagging tail is a much better indicator of happiness than any political poll. So, tell your dog or cat “hi” from us – cause we all need a playtime revolution. —Tori Rosay – Owner and Founder of Dexter’s Deli, a woman owned business in San Diego for 28 years

PET FOOD

“WHY WORRY ABOUT RED OR BLUE WHEN YOU CAN HAVE A FETCHING GOOD TIME IN ANY COLOR AND WHERE THE BEST TIMES ARE WHERE THE GRASS IS THE GREENEST.”

DEXTER’S DELI YOUR NEIGHBORHOOD NATURAL PET FOOD STORE With 3 locations in San Diego - we’ve got you covered with everything natural and healthy for your dogs and cats + we know everyone loves to celebrate their fur-babies, so be sure to check out our fabulous selection of PupCakes and locally baked treats.

3773 30th Street, San Diego, CA 92104 (619) 738-8677 | dextersdeli.com PRESENTED BY TODD ARMSTRONG & ASSOCIATES

SDRESIDENT.COM

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IN ESCROW

850 Beech St #603, San Diego, CA 92101 2 beds • 2 baths • 1,173 sq. ft. • $729,000 C H R I S T O P H E R T R I A N A (DRE# 02127696)

4058 Tim St, Bonita, CA 91902 4 beds • 2 baths • 1,919 sq. ft. $999,000 T O D D A R M S T R O N G (DRE# 01256537) M I C H E L L E T H A R A Y I L (DRE# 01924920)

5646 Roanoke St., San Diego, CA 92139 3 beds • 2 baths • 1,080 sq. ft. $818,998 M I C K F R A S C A (DRE# 02028305)

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ARMSTRONGESTATES.COM | February/March 2024

THINKING ABOUT BUYING OR SELLING REAL ESTATE? LET’S START A CONVERSATION! Contact Todd Armstrong: (858) 229-8752 armstrongestates.com


SDRESIDENT.COM

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ARMSTRONG & ASSOCIATES PRESENTS SAN DIEGO

CALENDAR February 1-28

SENIORS FREE AT THE SAN DIEGO ZOO SAFARI PARK

15500 San Pasqual Valley Rd, Escondido sandiegozoowildlifealliance.org During the month of February, all visitors age 65 and older receive free admission to the Safari Park. Enjoy the sights on an Africa Tram, see the platypuses and other Aussie species at Walkabout Australia, wander through Tiger Trail, take a stroll around Mombasa Lagoon, and relax with refreshments on the patio at Kijamii Overlook. There’s a world of sights to see—all at the Safari Park!

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ARMSTRONGESTATES.COM | February/March 2024


February 24-25

SAN DIEGO CHINESE NEW YEAR FAIRE

428 3rd Avenue, San Diego chinesenewyearfairesandiego.godaddysites.com Experience live music, food, and fun activities for all ages in Downtown San Diego. The San Diego Chinese New Year Faire hosted by the Chinese Consolidated Benevolent Association has been a staple event in the community since 1983.

J E FFRE Y E IS EN

Mar 1 - May 14 THE FLOWER FIELDS

5704 Paseo del Norte, Carlsbad www.theflowerfields.com For more than sixty years, Mother Nature has transformed the rolling hills of North San Diego County into one of the most spectacular and coordinated displays of natural color and beauty anywhere in the world. The nearly fifty acres of Giant Tecolote Ranunculus flowers that make up the Flower Fields at Carlsbad Ranch in Carlsbad, California, are in bloom for approximately six to eight weeks each year - from early March through early May literally bringing the famous fields back to life.

March 16

ANNUAL ST PATRICK’S DAY PARADE AND IRISH FESTIVAL IN BALBOA PARK

Fifth Ave & Laurel St, San Diego www.stpatsparade.org The parade will start at 10:30 a.m. on Fifth Avenue at Laurel Street and the festival will run from 9 am – 6 pm. See dignitaries and honorees, floats, high school marching bands, police and fire department units, Irish community groups, dancing groups, equestrian units, clowns, antique cars, and more. Then enjoy a fun day at the festival for the whole family.

SDRESIDENT.COM

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ARMSTRONG & ASSOCIATES | COMPASS 1920 Fort Stockton Dr., Ste C. San Diego CA, 92103 (858) 229-8752 | todd.armstrong@compass.com

armstrongestates.com


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