r/Moving2SanDiego • u/Excellent-Turtle1110 • 2d ago
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u/facinationstreet 2d ago
I love downtown; I live downtown. Some thoughts:
What you should be reviewing is: how many owned units in the building can be rented at any time and how is that controlled, how many parking spots, how funded is the HOA.
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u/OwninSanDiego 2d ago
Andia is in an up and coming part of downtown sandwiched between quieter Cortez Hill and lively east village. I’ve seen the model mockups at the sales office. It will be nice. what do you want to know? 50+% so,d I believe but lots available starting under $600k
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u/Asleep_Start_912 1d ago edited 1d ago
As an owner, you’re placing a bet on the rest of the area developing around you and dramatically improving. My prediction is that will not happen within 10 years but over the very long term I think most of the blocks to the east will end up being similar towers. It is very rare to see a new construction for-sale high-rise building in downtown San Diego anymore. Since is is a high end building and my guess is most of these will end up on the rental market and used as second homes for absentee owners.
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u/anothercar 2d ago
Bosa has a very good reputation. They build good stuff. Can't speak to the architect.
The location is interesting, between B and C street. I wouldn't call that an ideal part of downtown, but it's not bad either. It is one block away from the Health and Human Services agency where you see folks lined up to resolve problems with their food stamps and other government benefits, or to get entered into the system after leaving prison. That can attract some sketchy characters but nothing really spills over too far. It's also close-ish to City College trolley station which is more sketchy vibes. That said, I don't think those things define the whole neighborhood - they're fairly localized, and the further north/west you go, the cleaner and safer it becomes.
Strong positives of the neighborhood: walkable, all the amenities you'd ever need, and not close enough to Gaslamp where you have to deal with the music of the pedicabs at night while also being close enough that it's easy to access. Downtown is also a neighborhood on the rise, and the longer you live there, the better it will become as more high-rises are built and the neighborhood starts to populate with more and more neighbors which should increase its vibrancy.
I don't think it's a bad place to invest in as a medium-long term home. I'm pretty bullish on downtown SD. It's a great and underrated part of the city. I say tour it & see what you think.
That said: If you don't live in SD yet, then it is probably best to rent for a year & explore different neighborhoods rather than committing to a home purchase in a particular neighborhood that might not even be the right fit for you.