L i s t i n g s
The
Del Prado
666 Upas Street
Unit 1705
Offered at $950,000
1,800 Square Feet of High in the Sky, Dreamhome Possibilities
17th Floor (top) of This Balboa Park Classic
Walk to Museums, Theatre, Shopping, Dining, Entertainment
3 Directional Views: Bay, Ocean, Cityscape,
La Jolla, Mountains and Balboa Park as Your Front Yard
Over the past half dozen years there
has been a huge turnover in this building. Most of the original
buyers stayed on as long as possible, but now the demographics
are reflective of many still active in their careers and passionate
about keeping this pedigree building a true San Diego jewel.
New owners are creating beautiful, magazine quality remakes
of their original space.
Recent HOA boards have been aggressive
in confronting the issues of a maturing building and creating
preventative strategies to preserve the Del Prado for many years
to come. The nominated board for the new year includes the talents
and commitments of an engineer, accountant, federal judge, real
estate developer, all still professionally active and a retired
attorney.
The construction site to the west of
the Del Prado is the excavation for a contemplated 14 story,
150 foot condo buildng (same height as the Del Prado). If completed
as planned, it will result in loss of views along the west side
of the unit near to Upas Street. At this height, however, the
living room/balcony views to the south: Balboa Park, the cityscape
and harbor will continue unobstructed as will views to the north:
Hillcrest village, La Jolla, etc. Westerly views at the north
end of the unit will also be preserved. There is pending neighborhood
litigation challenging the project. Ask the Listing Agent for
more details.
Potential buyers concerned about these
matters might also consider the truly remarkable condo space,
views and location remaining regardless of the outcome of the
contruction and, all things being equal, the possible continuing
rise in values resulting from the sale of luxury units nearby.
The HOA has announced a $46 per month, per unit dues increase
(new total $618) effective 10/1/04 and a reserve fund special
assessment of $1,250 due 11/1/04.
Contact me about this property:
(619) 692.1628
Jim@JimGreer.com
