Real Estate News Archive

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Showing 61-80 of 1841 stories from the past year.

(AP) -- Rain unleashed mudslides on land left bare by wildfires, washing down hillsides and damaging homes and closing highways in north central Washington.

Escondido’s Realty Income (NYSE: O) announced its 530th consecutive common stock dividend -- amounting to 18.3 cents per share, or an annualized $2.19 per share -- after trading closed on Thursday night, as well as issuing dividends on its Class E and Class F preferred stock.

The 10-unit apartment in University Heights at 4550-4554 Idaho St., San Diego 92116, has been sold for $1.8 million.

The approximately 1,381-square-foot, three-bedroom/two-bathroom house on an 11,700-square-foot lot at 810 Hygeia Ave., Encinitas 92024, and an adjacent, vacant 12,200-square-foot lot have been sold for $1,388,000, cash.

The approximately 2,200-square-foot, three-unit apartment at 1544-1548 Fifth Ave., San Diego 92101, the 3,064-square-foot commercial building at 1552-1558 Fifth Ave. and an adjacent 2,500-square-foot parking lot, have been sold for $1.1 million. The two-story apartment and the one-story commercial building were built in downtown San Diego in 1940. The three properties total 10,000 square feet.

LOS ANGELES – In San Diego County, the July median price for an existing single-family home was $523,070, down 1.6 percent from June but 8.1 percent higher than a year ago.

(Bloomberg) -- Countrywide Financial Corp. co-founder Angelo Mozilo hasn't entirely escaped prosecutors’ wrath for his company’s risky lending.

The approximately 32,103-square-foot building at 13915 Danielson St., Poway 92064, has been sold for $3,412,500, cash.

The 2,007-square-foot office condominium in the Hillside Professional Office complex in Mission Valley at 2221 Camino Del Rio South, San Diego 92108, has been sold for $460,000, cash.

Lee Suryani and Bo Gibbons, of Pacific Coast Commercial, represented the buyer of Oceanview Plaza, the 25,386-square-foot medical office building at 2420 Vista Way in Oceanside, and an adjacent 41,818-square-foot vacant lot fronting on Ivy Road, for $5,925,000.

A time traveler of today visiting the Coronado of six decades ago would see two businesses still in operation just a few blocks from each other: the Hotel del Coronado and Lee Mather Co. Realtors.

A 349-unit apartment project in Pomona that had been under construction for 14 months has been completed, according to a release from builder Wermers Multi-Family Corp. of San Diego.

Given the depletion of distressed homes on the market, investors are changing their strategy and are moving away from purchasing homes in more popular, urban areas in favor of more rural areas of the state where better deals can be found, according to a California Association of Realtors (C.A.R.) investor survey.

(AP) -- Members of three Northern California Indian tribes rallied outside a federal water agency office in Sacramento to demand more water be released from reservoirs to prevent the spread of a parasite among salmon returning to the Klamath River to spawn.

The Casa Loma Apartments, the 30-unit Golden Hill property at 2875 A St., San Diego 92102, has been sold for $3.4 million, or $113,333 per unit.

The approximately 14,000-square-foot office building in Mission Valley at 6950 Friars Road, San Diego 92108, has been sold for $3 million, cash.

Daniel Foley and Savvas Marinos of Colliers International represented the buyer of the 16-unit apartment in Pacific Beach at 1827 Reed Ave., San Diego for $4.05 million, cash. Mark Friedman of Realty World represented the seller.

Lee Suryani and Bo Gibbons of Pacific Coast Commercial represented the buyer of Oceanview Plaza, the 25,386-square-foot medical office building at 2420 Vista Way in Oceanside, and an adjacent 41,818-square-foot vacant lot fronting on Ivy Road, for $5,925,000.

Leasing Notes are updated twice weekly and are now available in a fully searchable database format at
Land: Wash 'N Go car wash has leased 17,663 square feet of land at 3342 Rosecrans St., San Diego 92110, from Wells Fargo Bank and Kelley Invest Securities Corp. The property was leased for 234 months at $2,122,184. The site was formerly occupied by a used car lot.

Countywide home resale prices and interest rates are edging upward, inventory levels remain low, and student loan debt is forcing recent graduates to leave the state for more affordable housing.

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