Pacifica, CA

If you are looking for Fireworks events for July 4, 2011, below is a list of places to go. Every year I go to the Pier 39 with a group of friends for dinner and to watch the fireworks.

The PIER 39 Independence celebration is to enjoy with the whole family. There will be music and fun entertainments starting at noon to 9:30 pm. After 9:30 Pm stay around for The City of San Francisco’s extravagant fireworks. The locations with the best view of the fireworks are the foot of Municipal Pier, all along the waterfront, Ghirardelli Square, Coit Tower, the Aquatic Park, from barges north of Pier 39 and the Cannery.

It has been a little while since we did a 203k renovation loan in Rodeo but one was on Garretson Street and faced the old refinery. I thought at the time that what a terrible view this property had of a fence then a refinery... today that refinery is long gone and there is allot of newer homes built on that site.. who would have guessed. It did always bother me that the refineries were built on the water and took up all those amazing water views.

Our offices used to be in Rodeo at 25 Parker Avenue towards the water and right across from Ricky's Corner a little bar that also did lunch. It was convenient for sure.

We have done quite a few 203k loans in this area over the years. The 203k loan for renovating a 1-4 unit property is the FHA's primary program for remodeling or rejuvenating a home or small income units 2-4 that is. We had a five-plex once that they just couldn't get financing for and it was just sitting there for the longest time. This is when non-profits were able to purchase under the program and they bought this one as I recall and turned it into four units. That is what is important to learn from this story is that the property "after improved" must be 1-4 units. It can be more before as long as it is 1-4 afterwards.

There are lots of four unit buildings in nearly every city in the USA and many of them need repairs. If the borrower is living in one of the units they can even do a refinance and get the money to make the repairs. What is the big advantage to sellers, it allows them a larger pool of buyers. Maybe you have a listing of a six-plex and it isn't selling. That may be due to the "commercial" loan that is required for this property. Five and more units are considered "commercial property" and have different rules. Go to the city or county planning department and find out if you can turn it into a four unit building. In Berkeley it may be a little harder but talk to us we may be able to assist you. I have some clients in that market that continually increase the number of rental units in that area and would likely help you but putting on into production to allow you to take one out of production.

How about this one, we have a duplex in Pacifica CA that is one story and only half a block from the beach. Turn this into two townhouses and make some money. The client just wants about $400,000 "as is" and once you put the upper level your townhouses will have ocean views and likely after the $300,000 renovation you should have a $1,000,000, that means for you investors, a $300,000 investment could get you a 90-100% return on your money.

Mike Young

704-451-1599

Spent the day touring the San Francisco South Bay area today......

Came in a couple of days early before San Jose RainCamp and spent the whole day touring the San Francisco South Bay cities, and looking at open houses also.

I went through Sunnyvale, Palo Alto, Redwood City, Cupertino, Burlingame, San Mateo, San Carlo, Pacifica, Half Moon Bay, Willow Glen, and a few others.

The South Bay area is really a special place. Residential homes here are just the most charming neighborhoods you can think of.

Here's a pic I took while in Pacifica:

• Los Angeles Homes For Sale
• Los Angeles Condos For Sale
• Los Angeles Townhomes For Sale

Last Sunday my favorite hiking buddy (my husband, Gene) and I broke away from the busyness of life and real estate to enjoy a fast-paced hike from San Pedro Valley Park in Pacifica to the top of nearby Montara Mountain. A scenic drive of about 30 minutes lead us from downtown San Carlos, up beautiful Interstate 280, to Highway One along the coast, and then to the park.

This hike, roughly 10 miles in length, gains perhaps 1,000 ft. While the trail is steep, the beauty of the blooming wildflowers, flowering trees and shrubs, views of the Pacific Ocean, and the utter peace of the area more than reward one for the effort expended.

Another benefit to me of this particular hike on Sunday was that I was in cell phone reception, and with an offer out and response expected that day, it was imperative that I could be reached. Having escapes like this so close to our homes and businesses in the Silicon Valley and bayside San Mateo County is one of the many reasons living here is so marvelous.

Enjoy the pictures!

The goal: Montara Mountain

Trail down the mountain, with manzanita shrubs in bloom and the Pacific Ocean in the distance

A carpet of Forget-Me-Nots bloom near the parking lot at San Pedro Valley Park, Pacifica.

Pacifica California Sold Single Family within last 3 months. Within last three months in Pacifica 51 single-family homes were sold. 36 of these homes were regular sales, 10 Bank Owned and 5 Short Sale.

Pacifica California Sold Single Family within last 3 months. Within last three months in Pacifica 51 single-family homes were sold. 36 of these homes were regular sales, 10 Bank Owned and 5 Short Sale.

Summary of Comparable Properties

Sold Single Family Residential within last three Months

To View More Sold Homes in Pacifica Part 2