7 10 KE T TNER BLVD., MARINA DISTRICT | 3 BEDROOMS, 2.5 BATHROOMS | 2 ,172 SQ. F T. | $1,475,000
DOWNTOWN
Downtown Real Estate Update
Earning Your Stripes Mark Stocker’s Colorful Ascent to High-End Design
Downtown Business Spotlights: Herb & Wood and The Foodery
FEATURE YOUR HOME ON THE COVER OF THIS MAGAZINE. PRESENTED BY DOWNTOWN SAN DIEGO’S EXCLUSIVE NEIGHBORHOODIST:
DANNECKER & ASSOCIATES | COMPASS
Chad Dannecker
(DRE# 01459513)
neighborhoodist.com/downtown
| AUGUST 2022
Neighborhoodist
D OW NTOW N Showcase your home on the cover.
Featuring your home on the cover of Neighborhoodist can increase its sales price. To feature your home and discuss how DANNECKER & ASSOCIATES can sell your home for top dollar, scan the QR code or visit neighborhoodist.com/downtown.
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neighborhoodist.com/downtown
1%
For being at the apex of the top one percent of Realtors in San Diego County, DANNECKER & ASSOCIATES has won SDAR’s Platinum Circle of Excellence Award every year since 2015.
Downtown San Diego’s exclusive Neighborhoodist:
DANNECKER & ASSOCIATES | COMPASS
CHAD DANNECKER (DRE# 01459513) 875 G. St., Ste. 108 • San Diego, CA 92101 (619) 618-2264 • information@welcometosandiego.com • welcometosandiego.com
AUGUST 2022 | neighborhoodist.com/downtown
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CONTENTS
AUGUST
200 Harbor Dr., #902, Marina District 2 beds • 2 baths • 1,474 sq. ft. • $1,175,000
5 COMING SOON + IN ESCROW New Listings + Pending Properties What’s closing in East Village and what’s coming soon to Tierrasanta.
11 DESIGN OF THE TIMES Earning Your Stripes A charismatic character’s colorful ascent to the top of high-end design.
27 BUSINESS SPOTLIGHT RoVino’s The Foodery East Village’s RoVino The Foodery is San Diego’s largest Italian market.
6 FOR SALE The “A” List See DANNECKER & ASSOCIATES’ Active and pending real estate listings in Downtown and beyond.
23 DOWNTOWN MARKET REPORT Neighborhood Real Estate Update Discover Downtown’s latest stats, pricing and trends.
29 BUSINESS SPOTLIGHT Herb & Wood This Little Italy gathering place focuses on wood-fired dishes that elevate humble ingredients.
8 HOME OF THE MONTH Finest City Living at Its Finest Designed by AIA award-winning architect Jonathan Segal, this townhome feels like a single family home in the city.
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neighborhoodist.com/downtown
24 SOLD Recently Sold Properties By DANNECKER & ASSOCIATES.
30 GO, TEAM! Meet Chad Dannecker and his team at DANNECKER & ASSOCIATES | COMPASS.
DANNECKER & ASSOCIATES
CHAD DANNECKER (DRE# 01459513) (619) 618-2264 • information@welcometosandiego.com
Coming Soon
Villa Martinique • Tierrasanta • 2 beds • 1 bath • 950 sq. ft.
Allied Gardens • 4 beds • 2.5 baths • 1,923 sq. ft.
IN ESCROW
325 7th Ave., #204, East Village 2 beds • 2 baths • 1,169 sq. ft. • $799,900
AUGUST 2022 | neighborhoodist.com/downtown
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740 San Luis Rey Pl., South Mission Beach 3 beds • 2 baths • 1,440 sq. ft. $1,599,900
The
List
Active real estate listings presented by DANNECKER & ASSOCIATES | COMPASS
3111 Ingelow St., Apt C, Point Loma 2 beds • 2 baths • 1065 sq. ft. • $799,900 6
neighborhoodist.com/downtown
8310 Regents Rd., #3K, University City 2 beds • 2 baths • 898 sq. ft. • $619,900
200 Harbor Dr., #902, Marina District 2 beds • 2 baths • 1,474 sq. ft. • $1,175,000
AUGUST 2022 | neighborhoodist.com/downtown
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HOME OF THE MONTH
K I T C H E N U P D AT E S I N C L U D E S L E E K W H I T E C A B I N E T RY, G R A N I T E C O U N T E R S A N D S TA I N L E S S S T E E L A P P L I A N C E S .
FINEST CITY LIVING AT ITS FINEST Designed by AIA award-winning architect Jonathan Segal, this spacious Marina District townhome feels like a single-family home in heart of the city. The extraordinary living space is filled with natural light, oak floors and contemporary design features throughout. This fabulous residence is located steps from Seaport Village, San Diego Bay, Little Italy, Petco Park and the Gaslamp District.
710 Kettner Blvd., Marina District • 3 beds • 2.5 baths 2,172 sq. ft. • $1,475,000 8
neighborhoodist.com/downtown
DANNECKER & ASSOCIATES
CHAD DANNECKER (DRE# 01459513) (619) 618-2264 • information@welcometosandiego.com
Neighborhoodist DOWNTOWN
INNER SPACE
This townhome includes a pair of side-by-side indoor parking spots and an oversized private storage room.
OVER THE TOP
The 2nd-floor master retreat has a private balcony and luxurious bath, which are separated from the guest bedrooms by a mezzanine overlooking the living room.
AUGUST 2022 | neighborhoodist.com/downtown
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khsIww ^w z]V ë { {v vkeVvI\V ^i /k{z]Vvi ő !kvz]Vvi If^[kvi^I Source: San Diego SDMLS via Terradatum’s BrokerMetrics. Regions include San Diego County. Property types include single-family home, condominium, townhouse and residential land. List and sell side. Closed sales, 01/01/21-12/31/21. Luxury for San Diego County is defined as transactions $3M+.
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. 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.
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Neighborhoodist DOWNTOWN
Earning Your
Stripes
A charismatic character’s colorful ascent to high-end design Portrait by Carl Agsten, Jr.
MARK STOCKER stands among the region’s top designers, even when he’s sitting down. With two decades of design expertise under his belt, he offers a playful and inspired approach to interiors. “Our design mission is to incite joy and excitement in our clients by delivering functional and beautiful interior solutions that fulfill specific desires and requirements,” Stocker says. “Every step of the journey should fun, relaxed and enjoyable for our clients.” Stocker’s peers name him among Southern California’s most distinguished design professionals. His San Diego-based firm, Mark Stocker Design, Inc., has a robust portfolio of completed and concurrent projects that span the country, running the gamut from major residential renovations and new construction to large-scale collaborative ventures. “Each project meets the higheststandards for top-quality finishes, finest custom-built furniture and one-of-a-kind decorative pieces,” Stocker says. “Our designs also incorporate the latest innovations and trends in interiors technology.” The American Society of Interior Designers (ASID) has recognized Stocker’s striking design solutions, awarding his firm First Place for its recent kitchen remodel in Lake Hodges and Second Place for a large-scale design makeover in Olivenhein (see following pages). “When a space is functional, livable and youthfully refined, that’s successful design,” Stocker says.
“Every step of the journey should fun, relaxed and enjoyable for our clients.” AUGUST 2022 | neighborhoodist.com/downtown
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Earning Your
Stripes NEIGHBORHOOD:
Lake Hodges
ASID Award: 1st Place, Large Kitchen - 2020 Integrated into a large, open floor plan, this modern kitchen was designed to satisfy the requirements for entertaining large groups of people. While managing to feel intimate in its everyday disposition, it simultaneously exudes sophisticated appeal. A massive slab of polished wood serves as a dining table with seating for up to ten quests. Pneumatic lift stools provide plentiful casual countertop seating. A pass-through window into the exterior living space offers added utility and functionality. The carefully curated palette of woods, natural stone, concrete flooring and metal finishes adorn the space with a visual richness intended to anchor the immense volume of the open floor plan. Photos by Carl Agsten, Jr.
The cabinets are clad in a walnut veneer with a black granite countertop on the perimeter; the island is a natural stone slab selected by the client. Porcelain tile, which replicates concrete, is easier to maintain than concrete tile. The blue color scheme is carried from indoors to out.
“The goal was to interconnect the kitchen with exterior. Mission accomplished as we joined the two entities, bringing the inside out, and vice versa.”
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neighborhoodist.com/downtown
Neighborhoodist DOWNTOWN
“We created a conversation-slashgrouping area to chill and hang with friends and family. This has proven to be the most used seating area in the home.”
AUGUST 2022 | neighborhoodist.com/downtown
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NEIGHBORHOOD:
Olivenhain
ASID Award: 2nd Place, Residential Space Over 3,500 sq. ft. - 2020 This major remodel transformed an uninspired home into a showcase of the ultra-modern. An emphasis on negative space drove Stocker’s design intent to exaggerate the volume of the interior and push modernistic expression to its apex. The interior architecture’s minimalist palette juxtaposes and contrasts the vibrant visual accents adorning the residence. Custom furnishings, luxe finishes and a curated collection of modern art infuse punches of pattern, color and texture for maximum visual impact. “The client’s favorite color, red, was an integral element used to drive design decisions,” Stocker says. “Accents contained within the spectrum of the hue are appointed throughout, unifying every space within the residence. Modern. Bold. Red.” Photos by Brady Architectural Photography
“The goal here was to design a super-modern kitchen and incorporate red. We did so with a high-gloss laminate island and neutral backdrop. The wood veneer used on the nook table balances the laminates, adding movement and warmth.”
Earning Your
Stripes 14
neighborhoodist.com/downtown
“We wanted to create a super cool modern aesthetic that was warm and comforting. Check.”
Neighborhoodist® DOWNTOWN
“This room is the heart of the home. The goal was to make a space in which the clients and their friends could hang without any worry — easy-peasy.”
This is the ‘hers’ guest bedroom for the client’s daughter. White oak hardwood flooring spans the room.”
AUGUST 2022 | neighborhoodist.com/downtown
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An environmental design + build firm with a passion for designing native ecological landscapes that create a dialogue between people and place. (858) 585-0411 lwatsondesign.com
Neighborhoodist DOWNTOWN
Featuring your home on the cover of Neighborhoodist can increase your sales price.
Plus, it’s free! Showcasing your home on the cover of Neighborhoodist is like welcoming the entire neighborhood to your Open House, except you don’t have to bake cookies. Thousands of your neighbors will receive the magazine in the mail. Others will pick up copies of Neighborhoodist at local businesses and see your home on their favorite apps and devices. This spike in exposure can increase demand for your home, which can lead to a higher sales price.
Follow us! Facebook @neighborhoodist Insta @theneighborhoodist
Neighborhoodist.com info@neighborhoodist.com (619) 296-6300
To feature your home on the cover and meet your neighborhood’s exclusive real estate expert (aka Neighborhoodist), scan the QR code or visit neighborhoodist.com/sellhigh.
AUGUST 2022 | neighborhoodist.com/downtown
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SAN DIEGO
MARKET REPORT
June 2022
92101 DOWNTOWN REAL ESTATE UPDATE
Townhomes and condos June 2021 Median sales price: Days on market until sale: Inventory of homes for sale:
For Downtown’s latest real estate listings and updates, scan code, visit neighborhoodist.com/downtown or stop by DANNECKER & ASSOCIATES’ office in East Village.
$626,500 31 196
June 2022 $710,000 16 119
% Change +13.3% -48.4% -39.3%
DANNECKER & ASSOCIATES
CHAD DANNECKER (DRE# 01459513) 875 G. St., Ste. 108 • San Diego, CA 92101 information@welcometosandiego.com • (619) 618-2264
Source of data: Greater San Diego Association of REALTORS®, June 2022
AUGUST 2022 | neighborhoodist.com/downtown
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R E C E N T LY SOLD PROPERTIES
1801 Diamond St., #121, Pacific Beach 1 bed • 1 bath • 678 sq. ft. • offered at $509,900
1205 Pacific Hwy., #1404, Columbia District 1 bed • 1.5 baths • 898 sq. ft. • offered at $674,900
DANNECKER & ASSOCIATES sold this home for $125,000 above list price. 24
neighborhoodist.com/downtown
DANNECKER & ASSOCIATES represented the buyers in these recent transactions: 550 Front St., #502, Marina Distrcit 2604 5th Ave., #506, Bankers Hill (pictured) 3450 39th St., #D, City Heights 7722 Camino Noguera, University City 11570 Johnson Lake Rd., Lakeside
DANNECKER & ASSOCIATES
CHAD DANNECKER (DRE# 01459513) (619) 618-2264 information@welcometosandiego.com
AUGUST 2022 | neighborhoodist.com/downtown
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HOME FINANCING
BUY BEFORE YOU SELL!
For more information, scan the QR code or visit welcometosandiegorealestate. com/lp/buy-before-you-sell
In today’s real estate market, it can be challenging to buy a new home, especially when you need to use the equity from the home you currently live in to complete your new purchase. Let DANNECKER & ASSOCIATES show you how you can secure a new home without the need to sell your current home first. We make real estate easy!
DANNECKER & ASSOCIATES
CHAD DANNECKER (DRE# 01459513) (619) 618-2264 • information@welcometosandiego.com
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neighborhoodist.com/downtown
RESTAURANT SPOTLIGHT
ROVINO THE FOODERY East Village’s RoVino the Foodery is San Diego’s largest Italian market, offering fresh sandwiches, pasta, pizza, gelato, baked goods and coffee in one location. The sister restaurant to Little Italy’s acclaimed RoVino Restaurant + Wine Bar, The Foodery opened in 2019 and has been a mainstay in the neighborhood ever since. 969 Market St., East Village • (619) 310-6421 • rovinothefoodery.com
AUGUST 2022 | neighborhoodist.com/downtown
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“My husband and I have purchased multiple San Diego properties over the years through Chad Dannecker of Dannecker & Associates. And just last month we listed and sold one of those properties through Chad. The transaction was a smooth, successful experience thanks to Chad’s years of experience, market knowledge, and strategic thinking. Chad puts his clients first and thanks to some savvy marketing strategies, we were able to get the property on the market as quickly as possible to take advantage of this seller’s market. The property sold fast with multiple offers well above asking price. We highly recommend Chad and his top-notch team (in our case, Nicole and Lenice who were always available to answer questions and keep the lines of communication open). Dannecker & Associates are the best!”
—Lorie Armbruster
Neighborhoodist’s Exclusive Partner in Downtown:
DANNECKER & ASSOCIATES | COMPASS CHAD DANNECKER (DRE# 01459513) 875 G. St., Ste. 108 • San Diego, CA 92101 (619) 618-2264 • information@welcometosandiego.com welcometosandiego.com 28
neighborhoodist.com/downtown
Not all real estate agents are the same. Scan code to watch a video about what makes DANNECKER & ASSOCIATES different.
RESTAURANT SPOTLIGHT
“TRY THE BRANZINO!” — CHAD DANNECKER
HERB & WOOD
2210 Kettner Blvd., Little Italy 619.955.8495, herbandwood.com
Chef Brian Malarkey’s celebrated Herb & Wood concept has helped to propel San Diego’s culinary reputation to new heights. Located in Little Italy, this megapopular culinary gathering place focuses on wood-fired dishes that elevate humble ingredients. The eatery’s carrots, beets and chicken, for example, incorporate Mediterranean flavors and a California ethos of seasonality and sustainability. Co-founder Chris Puffer designed Herb & Wood’s interior to welcome guests with Southern-esque charm that feels decidedly SoCal. The architectural space evokes the dual persona of the Gilded Age: lavish sophistication set against industrial simplicity.
AUGUST 2022 | neighborhoodist.com/downtown
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Neighborhoodist
Tulane Joseph (DRE# 02143108)
Heather Dannecker (DRE# 01718492)
Chip Morgan (DRE# 02077553)
Lenice Sechrist (Listing Coordinator)
Arlis W. Travis (DRE# 01863211)
Todd Levinson (DRE# 02126607)
Brent Cole (DRE# 01463702)
Malissa Martinez (DRE# 02110948)
Jeff Remmer (DRE# 02122171)
Chad Dannecker’s real estate team, DANNECKER & ASSOCIATES, has helped more than 1,000 clients purchase and/ or sell homes and other real estate investments in San Diego County. High-net-worth individuals, savvy investors and busy professionals hire Dannecker to buy and sell their properties. They become happy, repeat customers because DANNECKER & ASSOCIATES offers unparalleled personal communication, world-class marketing and results. Learn about DANNECKER & ASSOCIATES, review their client testimonials and see how the team has sold more than 1,700 San Diego homes at neighborhoodist.com/downtown.
Jen Lange (DRE#02191190)
DANNECKER & ASSOCIATES is a team of real estate agents affiliated with Compass. Compass (DRE#: 01527365) is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. 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 footage are approximate. If your property is currently listed for sale this is not a solicitation. This entire document exists for illustration purposes only.
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neighborhoodist.com/downtown
1,700
DANNECKER & ASSOCIATES has sold more
DANNECKER & ASSOCIATES
TOP AGENT OF THE MONTH
than 1,700 homes in San Diego County.
100
San Diego Business Journal named DANNECKER & ASSOCIATES among the Top 100 Fastest-Growing Privately Held Companies in 2016, 2017 and 2018 — until Compass acquired the team in 2019.
61%
DANNECKER & ASSOCIATES sells homes 61-percent faster than average San Diego agents (source: HomeLight®).
15
The Wall Street Journal named DANNECKER
Chip Morgan (DRE# 02077553)
& ASSOCIATES among the Top 15 Real Estate Teams in San Diego County.
Originally from Virginia Beach, VA, Chip has been assisting clients with their San Diego real estate goals since 2008. The expertise he gained in the luxury high-rise rental market upon moving to America’s Finest City allowed for a smooth transition into the Downtown and Metro residential sales market. Chip graduated from Old Dominion University with a B.S. in Psychology in 2006. His love for helping people find their perfect home is the passion that drives his continued success. Chip’s client-first sensibilities, which include active listening and uncovering hidden value and needs, empower him to network with clients and implement proactive solutions that achieve their real estate goals and dreams. When Chip is not serving his clients, he’s usually on the beach or hiking to the top of one of San Diego’s beautiful peaks.
Downtown’s exclusive Neighborhoodist:
DANNECKER & ASSOCIATES | COMPASS
CHAD DANNECKER (DRE# 01459513) 875 G. St., Ste. 108 • San Diego, CA 92101 (619) 618-2264 information@welcometosandiego.com welcometosandiego.com
AUGUST 2022 | neighborhoodist.com/downtown
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PREFERRED LENDER
“For home financing, I recommend my clients to contact Petya.” — Chad Dannecker of DANNECKER & ASSOCIATES | COMPASS
With 20-plus years of mortgage experience, I can guarantee a fast and smooth closing. Ready to take the next step? Reach out today. — Petya Popova McLaughlin
Petya Popova McLaughlin (NMLS #632851) SVP of Mortgage Lending | Guaranteed Rate
PetyaMcLaughlin.com 3601 5th Ave., San Diego, CA 92103 (858) 699-4357, petya@rate.com NMLS ID: 632851, LO#: CA - CA-DBO632851, CO - 100525318, ID - MLO-2080632851, KS - LO.0047402, NV - TAO, WA - MLO-632851 Guaranteed Rate Inc.; NMLS #2611; For licensing information visit nmlsconsumeraccess.org. Equal Housing Lender. Conditions may apply CA - Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act CO - Regulated by the Division of Real Estate, (866)-934-7283 ID - Guaranteed Rate, Inc. Lic #MBL-5827 KS Licensed Mortgage Company - Guaranteed Rate, Inc. - License #MC.0001530 WA - Lic #CL-2611.