3000 The Plaza

NEW -> Contingent Buyer Assistance Program
[quote author="JLegend" date=1220673412][quote author="25w100k+" date=1220665291][quote author="Roo" date=1220621533]

Who cares?</blockquote>


Because I think he is involved in selling the units at 3000 the plaza. Its suspicious he's pushing them so hard and no other place, along with the fact that he won't reveal what his job is on an anonymous internet forum? But he's willing to tell us all about the places he wants to live?</blockquote>


I'm not pushing anything. I only described my experience, and the lifestyle I'm looking for. Whether one believes the Plaza or something similar can satisfy that lifestyle is individual. I only have as many posts I do because I was addressing whatever comments are being made. I couldn't care less if anyone else on this forum wants to buy there. Latest news I've received is that a decent portion of people are paying cash for these units (3000, anyway, which I hear is slightly under 50% sold). I'm sure people with that much cash aren't on internet forum boards. I certainly wouldn't be. I don't need to reveal my job because it is irrelevant to the discussion. I don't know why you are so surprised that there could be a person only a few years older than you making twice than what you are making. There are MANY people like that out there, and even many more successful people. Just to satisfy your curiousity, let's say I'm a doctor...or a lawyer...or dentist...or in pharma sales...or how about I work at google. I'm sure a number of those people off jamboree have made out very well.</blockquote>


I do not think you are "pushing" anything, and your analysis on the condo itself is thoughtful, detailed, and coherent. Your appreciation projections have no basis in reality. Don't be so sure there are not folks here who can pay cash for their next property. Stick you what you know. You are obviously good at it, but listen carefully to those in here who know about the things you are less versed in. Your job is only relevant if you are in the re field, and it does not seem that you are. It sounds like high rise condo living is suitable to your desires and lifestyle. I would not believe news that a decent potion are paying cash for those units. Many realtors will say anything. Many will lie. Most will lie. And they will lie constantly.
 
[quote author="awgee" date=1220673992]



I do not think you are "pushing" anything, and your analysis on the condo itself is thoughtful, detailed, and coherent. Your appreciation projections have no basis in reality. Don't be so sure there are not folks here who can pay cash for their next property. Stick you what you know. You are obviously good at it, but listen carefully to those in here who know about the things you are less versed in. Your job is only relevant if you are in the re field, and it does not seem that you are. It sounds like high rise condo living is suitable to your desires and lifestyle. I would not believe news that a decent potion are paying cash for those units. Many realtors will say anything. Many will lie. Most will lie. And they will lie constantly.</blockquote>


You are right. I appreciate everyone's insight, especially those in the business. It all makes good economic and market sense, and I have not ignored that in the calculus. Part of the discussion, I think, also requires looking past numbers. That is what I feel have brought, to some degree. Obviously, doing that exposes one to more risk, a risk that many here are warning against.



I like your comments about realtors. QFT. In essence, it's about sales, not to imply all realtors lie, especially those on this forum. =)
 
[quote author="JLegend" date=1220673412][quote author="25w100k+" date=1220665291][quote author="Roo" date=1220621533]

Who cares?</blockquote>


Because I think he is involved in selling the units at 3000 the plaza. Its suspicious he's pushing them so hard and no other place, along with the fact that he won't reveal what his job is on an anonymous internet forum? But he's willing to tell us all about the places he wants to live?</blockquote>


I'm not pushing anything. I only described my experience, and the lifestyle I'm looking for. Whether one believes the Plaza or something similar can satisfy that lifestyle is individual. I only have as many posts I do because I was addressing whatever comments are being made. I couldn't care less if anyone else on this forum wants to buy there. Latest news I've received is that a decent portion of people are paying cash for these units (3000, anyway, which I hear is slightly under 50% sold). I'm sure people with that much cash aren't on internet forum boards. I certainly wouldn't be. I don't need to reveal my job because it is irrelevant to the discussion. I don't know why you are so surprised that there could be a person only a few years older than you making twice than what you are making. There are MANY people like that out there, and even many more successful people. Just to satisfy your curiousity, let's say I'm a doctor...or a lawyer...or dentist...or in pharma sales...or how about I work at google. I'm sure a number of those people off jamboree have made out very well.</blockquote>


I hope you don't take my skepticism as anything personal. You should at least understand where my skepticism is coming from. If I came on here and was raving about a certain tract in Portola Springs and only that tract, and wasn't revealing how I had money to afford it... people would question <I>me</I> I think. I'm not shocked that you are an extremely successful individual, I just know a fair amount of well off people invovled in real estate...so I thought perhaps you had a piece of the action regarding The Plaza. Perhaps you just fell in love though.



I'm sure when I talk about BMWs online people think I work for BMW's marketing department ;-)



I have nothing against the Plaza or Marquee, and if they were more affordable I would consider them for purchase.
 
[quote author="25w100k+" date=1220676694]



I hope you don't take my skepticism as anything personal. You should at least understand where my skepticism is coming from. If I came on here and was raving about a certain tract in Portola Springs and only that tract, and wasn't revealing how I had money to afford it... people would question <I>me</I> I think. I'm not shocked that you are an extremely successful individual, I just know a fair amount of well off people invovled in real estate...so I thought perhaps you had a piece of the action regarding The Plaza. Perhaps you just fell in love though.



I'm sure when I talk about BMWs online people think I work for BMW's marketing department ;-)



I have nothing against the Plaza or Marquee, and if they were more affordable I would consider them for purchase.</blockquote>


Certainly no hard feelings, of course. Your points are well taken. It's a werid thing I have for OC, I like OC much better than L.A., and rather live here than say, S.F., yet there are few places I would actually want to live (in addition to the cities I've already disfavored, add any OC cities along the 405 and fringe cities like Buena Park and Cypress). As mentioned previously, my dream would be Crystal Cove, but likely never going to happen.



Perhaps the ultimate solution is that I find myself in San Diego some day (not ready now).
 
[quote author="JLegend" date=1220654864] What other alternatives are there? </blockquote>


Not much in the immediate future, unfortunately. If you haven't done so already, you should read some, if not all, of BK's comments and follow his lead....
 
You could live in SD, take the Coastliner to OC, and drive the rest of the way to work. BK knows several people doing just that. I know a couple of folks who drive from Carlsbad to Irvine who work with my wife.
 
[quote author="no_vaseline" date=1220775679]You could live in SD, take the Coastliner to OC, and drive the rest of the way to work. BK knows several people doing just that. I know a couple of folks who drive from Carlsbad to Irvine who work with my wife.</blockquote>


Thanks. I commented on this a page or two ago about how insane that it is. Right now, I have a less than five minute commute!
 
[quote author="Keanu" date=1220750125][quote author="JLegend" date=1220654864] What other alternatives are there? </blockquote>


Not much in the immediate future, unfortunately. If you haven't done so already, you should read some, if not all, of BK's comments and follow his lead....</blockquote>


You may really need to reassess your priorities. I think you like OC because of your job location and it is just a 5 minute commute to your work and other facilities that you having to travel to for your work. Certainly you like the discipline of a master planned city, water close by as well as the impeccable safety reputation. The aesthetic that appeal to you is clean line Modernism and a cookie cutter home falls short in delivering this demanding aesthetic. Living in the middle of a soccer mom community is a tension to your identity. You do not own a business where you will have a potential in making some obscene amount of money for a Crystal Cove home. Your have a white collar profession. Your salary historically aligns within a predictable linear projection. Being a handyman and doing yard work is not for you so let me recommend an alternative product that delivers the clean line aesthetic that you are looking for however it will not have the kind of view from a high rise.



In Turtle Rock there are some late 60?s Atomic Ranch products with expansive glass that emphasizes the indoor and outdoor relationship. Many will require updating to the Kitchen and baths. Another location is out of the Master planned community but still in OC. It is the Eichler?s Atrium courtyard homes. The homes were designed by Midcentury Modern architects during the late 50?s and 60?s. You may be able to find something there that will meet your aesthetic requirements as well as properties that follow the economic model of RE developments in OC.



<img src="http://content.cdlib.org/ark:/13030/kt70001461/hi-res" alt="" />





<img src="http://tbn0.google.com/images?q=tbn:c_hZjNafcyWOzM:http://www.socketsite.com/443%20Ferne.jpg" alt="" />





<img src="http://www.grassrootsmodern.com/wp-content/uploads/2007/08/_blog_uploads_Image_Eichler-Fireplace-Picture.png" alt="" />



<img src="http://content.cdlib.org/ark:/13030/kt667nb8s2/hi-res" alt="" />
 
^^Thanks Bk! You are quite perceptive and astute. The properties you show above would be exactly what I'm looking for. I am not familiar with these neighborhoods. What's the best place to get more info on these communities - just a google search?
 
[quote author="JLegend" date=1220927783]^^Thanks Bk! You are quite perceptive and astute. The properties you show above would be exactly what I'm looking for. I am not familiar with these neighborhoods. What's the best place to get more info on these communities - just a google search?</blockquote>


Here is the realtor who specializes in Eichler homes. http://www.eichlersocal.com/ there is a tract of his homes in Orange by Fairhaven. I think you will like the aesthetic and the swimming pool meets you taste and having it all to yourself and without the $1200 HOA dues.



Graph is also an expert and he knows these homes well. Read my post on "Why homes have courtyards" under the architecture planning section. Graph posted other pictures there.



I am glad here in IHB we can help you to land your feet on solid ground (literally) rather than letting your feet be dangling in air and fall to your death when you hit the ground. (Metaphor)



We are not here to be a devil advocate but to educate potential buyers like you in making an informed decision. You have demonstrated your sincerity in your postings and it is not a waste of time for us to help you expand your horizon.



Be smart in investing in a rare property on real tangible land similar to the price of a unit in air space. You will be proud to own a piece of history and be the caretaker or guardian for this rare gem.



The lifestyle and the pride in owning an Eichler home is priceless. You can invite all your friends and enjoy the party indoor and outdoor by your own pool and food is just a few steps away from your kitchen. The atrium courtyard is completely private surrounded by your own home. High-rise meant you will have to squeeze your guests out to the deck that may not be designed to hold and function for a gathering.



Most of the time, I make right assumptions. I know your preference in taste and the lifestyle you are seeking. The Eichler interior is great for dramatic lightings and gallery effect for art works as well. The homes also could adapt to family living and have better potential for resale appeal.



I have more respect for the owners of these homes and wowed by them than most homes built along the coast.
 
BKS,



My wife is concerned about the glass, as it is likely not tempered and single paine. Considering all she does is seismic work, I have to defer to the missus on this one. Do you have any input?
 
[quote author="no_vaseline" date=1221020905]BKS,



My wife is concerned about the glass, as it is likely not tempered and single paine. Considering all she does is seismic work, I have to defer to the missus on this one. Do you have any input?</blockquote>


As long the glass are detailed correctly to fit the openings with a gap along the left, right and top perimeter and the glass is secured in place by trims. The gaps will allow the glass to move, expand and contract. Title 24 (energy code) considers this method a wasteful of energy since the system is not air tight.
 
I didn't know there were any Eichlers south of Santa Clara County, thanks for the post.



I also always assumed that there was some kind of 'cultural revolution' in Orange County at the same time as the one in China, where everything built before 1970 was bulldozed (except for Main Street USA, of course, which has the equivalent status of the Forbidden City). But that was just going by the visible evidence...
 
[quote author="JLegend" date=1220927783]^^Thanks Bk! You are quite perceptive and astute. The properties you show above would be exactly what I'm looking for. I am not familiar with these neighborhoods. What's the best place to get more info on these communities - just a google search?</blockquote>


<a href="http://www.redfin.com/CA/Orange/787-S-Woodland-St-92869/home/3421830">You will like this one</a>



It just went into escrow, but maybe it will fall out. . .
 
[quote author="bkshopr" date=1221024275][quote author="no_vaseline" date=1221020905]BKS,



My wife is concerned about the glass, as it is likely not tempered and single paine. Considering all she does is seismic work, I have to defer to the missus on this one. Do you have any input?</blockquote>


As long the glass are detailed correctly to fit the openings with a gap along the left, right and top perimeter and the glass is secured in place by trims. The gaps will allow the glass to move, expand and contract. Title 24 (energy code) considers this method a wasteful of energy since the system is not air tight.</blockquote>


Yeah, I was afraid of that.



Single paine, non tempered glass is as much a non starter as moving into that toxic waste dump Villages of Columbus is to me.



Too bad, the neighborhood (near Fairhaven) is right.
 
[quote author="freedomCM" date=1221110771]just budget in some replacement glass in your purchase!</blockquote>


<strong>Yacht</strong> : a hole in the ocean that you pour money into.



<em>be advised that Eichlers have a reputation for being the landlocked equivalent of a yacht.</em>



If you are interested, you might like <strong><a href="http://web.mac.com/moderndwelling/Fantasy_of_the_Fifties/Photos.html">another MCM</a></strong> that's available in Fullerton, redone by the axe-man from the band <strong><a href="http://en.wikipedia.org/wiki/Lit_(band)">Lit</a></strong>.
 
[quote author="IrvineRealtor" date=1221118725][quote author="freedomCM" date=1221110771]just budget in some replacement glass in your purchase!</blockquote>


<strong>Yacht</strong> : a hole in the ocean that you pour money into.



<em>be advised that Eichlers have a reputation for being the landlocked equivalent of a yacht.</em></blockquote>
The best boat is a friend's boat. :lol:

Just bring food, beverages, and help with the gas bill. It's a lot easier than owning one.
 
Mid-Century Modernism is extremely expensive to build and restore. Unlike the traditional ways in building construction where there are always wood trims and mouldings to hide imperfections, movements, cracks, and poor craftsmanship Mid Century Modern hides nothing. No crown mouldings were used to hide warped walls joining the ceiling and baseboard to hide the varying gaps between walls and uneven floor. No casings to hide the ragged end of a bad drywall around door jambs. This style demands perfection in craftsmanship and is very unforgiving to mistakes.



There is no roof attic to accomodate AC ducts, plumbing line, force air unit, insulation, wiring conduits and bathroon vents. All the mechanical functions have to be thought out and carefully conceal into the few available interior walls.



Exposed post and beams have to be good quality and visually pleasing. Higher finish grade structural lumbers are expensive while most production homes use beams made from glued recycled wood chips.



Historically it costs 4 times more to build a modern than a traditional home. This is the reason why production homes are traditional.
 
Too bad they are in the likes of Orange and Fullerton...no offense, but can't see myself living there or driving to and from there. Wow, am I snob or what!? lol.
 
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