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4909 Orchard Ave 101 San Diego, CA 92107
$650,000 2 beds, 2 baths
948 sqft
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Photo of Jimmy Harmantzis

Jimmy Harmantzis REALTOR® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
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Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
Phone: 949-768-1000
Fax: 949-587-0915
Mission Viejo 23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
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Fax: 949-587-0915
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Agent Remarks

Building is undergoing extensive repairs and upgrades. Just had a $75,000 assessment and expects as much as $168,000 more beginning February 1, 2025. Payable over 14 months. Cash buyers only unless buyer has special arrangement with lender. Unit has a reverse mortgage balance of approximately $1,000,000 and need a short sale to close. Note: $104,220+/- for unpaid assessments. Building has been "red flagged" by the City of San Diego. Paul Bell’s mother owns unit 304 so Paul has been appointed to manage our building renovation because he has extensive experience in running development projects. We spoke yesterday and I asked him to give me an update so all can plan. He said the garage wall construction was delayed due to trying to find the low cost and best approach but now it is on track to hopefully start in a month or two. At this point, it looks like parking restrictions will happen during the construction. I will keep you informed. As for the remaining and challenging improvements to be done include: replacing most of the stucco, repair the staircase, repair the walkways, repair the balconies/windows/doors and replace the electrical panel plus beautifying the front of the building etc. I believe and our contractor/permit advisor believe the best approach to get all the work done at the lowest and quickest cost is to close the building for 3-4 months which would be a hardship for all. We are required to get city and coastal permits so it would be best to submit the entire plan but not include our coastal bluff. The permits will take 7-12 months to get approvals before construction could start. As a result, the most conservative estimate is that the building would be closed January thru April 2025, possibly May. Remember, it’s all a best guess projection at this time.

Listing Details

Property type: Residential (Condo/Coop/Townhouse)
Status: CONTINGENT
MLS# 230011560
List price is $650,000 Reduced by $295,000 on 10/7/2024
HOA Fee is $700.00
Beds: 2
Baths: 2 (2 full)
N/K fireplaces
Built in 1964
948 sqft
1 story
0.25 acres
Lot size: 0 (Common Interest)
Topography: Other/Remarks
County: San Diego
Zoning: R-1:SINGLE
Parking type: Assigned,Underground
Exterior features: Wood/Stucco
Parking description: None Known
Heating description: Radiant
MLS area: OCEAN BEACH (92107)

Last Updated: 4/29/2025

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This listing belongs to the OCEAN BEACH (92107) MLS area

Lat/Long: 32.739800, -117.254802.
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Listing Agent: Rosemary McClary
Lic#: 01234982
Office Name: Mission Viejo

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Photo of Jimmy Harmantzis

Jimmy Harmantzis REALTOR® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Text Me
Call My Cell
Call My Office
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com

Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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