San Diego Housing Market News and Analysis
Home inspection no permits/neighbor built multi unit but zoned single family
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Submitted by wallers on April 26, 2015 - 12:28pm
Hey Hey everyone,
Long story short I decided to put my money where my internet mouth is (see economics post) and rent as I believe a market correction is coming.
So the first house I went to look at was what I would have bought. So met the landlord, chit chatted, took the tour and she said the house was mine pending credit check. Then as I am walking out the door she said oh the lease is month to month. Asked if she was selling and she said yes. Asked her the price and it was reasonable (I know the comps well for this area) So told her I would buy and it and she can save agents fees (and I get some off as well and not hit the open market). So got the paper work to her and we are in in escrow. Again exactly what I am looking for at a reduced market price. What I am looking for his also hard to find and in demand and usually above what I can pay. So thought I did good.
Couple things kinda sort of bother me.
2) There is a single family house next door with a huge addition (basically taking up their entire lot). Looks like permits were pulled for their original plans for an addition but looks to me like they built a duplex in back attached to their residence. So nothing was ever inspected after permits were pulled and the permits all expired several years back (thinking plans were deviated to build multi units). The lot is zoned single family. My guess is (and just a guess as I do not know yet) he got the permits as an addition for a single family, then built a multi family and never had anything inspected because of this. Since this is going to be my forever home I want to make real sure I am happy there. One of my deal breakers is living next to an apartment building or multi unit rentals because of the potential for excessive noise. I was thinking no noise no problem. If there is noise talk to the owner next door to see what he can do. If that does not work go to plan C which I really don't want to do because it could make my life hell if I called the city on it. By the way it's a nice quiet street so the norm would be quiet. Been by there several times in the evening and it's quiet. But the second unit is not finished so who knows.
In a buyers market I might walk. But in this insane market this is my best chance at getting what I want if all goes well with the neighbor and it's quiet. And I am having a helluva time finding a rental as well so it's tough all the way around.
What would you do on each of these?
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