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Author: Subject: Cozy Beach House in La Jolla Camp for Sale
bigmike
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[*] posted on 8-2-2013 at 05:33 AM
Cozy Beach House in La Jolla Camp for Sale


Cozy Beach House for Sale: Please e-mail for Pictures

Have you ever dreamed of a beautiful beach get away?
A place with a great walking beach, fishing, and swimming, just minutes from your front door.
A friendly community where you can be as busy or totally relaxed as you want to be.
We even have a live stage community theatre right in the camp!
Well, this could be the answer to your dream.

Our cozy beach house is located in beautiful La Jolla Beach Camp, Punta Banda, Baja Mexico.
La Jolla Beach Camp, owned by the Pabloff Family, is one of the most desirable areas in northern Baja.

Safe and secure. Whether you are looking for the perfect place to retire, or a weekend get away.
This is a wonderful place to live.

The beach house is 1100 sq.ft. located on a 50 x 100 ft lot.
Two bedroom, two full bath, and laundry room
The open floor plan is warm and inviting, with a fireplace and propane furnace.
On a quiet street with great neighbors.

Asking Price $49,000.00
land lease $1000.00 per year. (the best in the area)

Contact Leslie Allingham for more information or
Please forward to a friend that might be interested
951 479-8259 us
646 154-2773 mx
e-mail address is bigmike3@ca.rr.com
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Lee
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[*] posted on 8-2-2013 at 09:18 AM


How does lease work? If land is owned by someone else, and you rent year to year, what happens when the landlord chooses not to renew the lease? Is this a rental home that the landlord owns.
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bigmike
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[*] posted on 8-2-2013 at 05:46 PM
Lease


It is a 10 year lease, renewal every 10 years basically.
We built this house in 1989 and have owned it ever since. The lease started at $450.00 a year, it is now $1000 a year and has been for quite some time.
You own the property obviously the Land owner owns the land.
I have another lot in the same camp and built my retirement home here, I trust this family but just like any other lease, yes there could be a problem, But the Pabloff family is a well known family.

[Edited on 8-3-2013 by bigmike]
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DENNIS
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[*] posted on 8-2-2013 at 06:11 PM


Quote:
Originally posted by bigmike
I trust this family but just like any other lease, yes there could be a problem, But the Pabloff family is a well known family.




Well known....well respected and well liked. They are a class act.
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J.P.
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[*] posted on 8-2-2013 at 08:03 PM
Pabloff Family


The whole family is a class act, if the elder Pabloff did anything right he gave those boys a good work ethic I never met a nicer group of people.

[Edited on 8-3-2013 by J.P.]
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Lee
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[*] posted on 8-3-2013 at 10:36 AM


Still trying to get the big picture as I know a similar RE arrangement at an RV park in Pescadero.

For a home on rented land: in the anything is possible department, Pabloff could decide (mom/dad gone, brothers want to sell) not to renew the lease. If the home can be moved, it'll be moved somewhere else. If not, the ''Renter'' vacates losing the home. Does this sound right?

Without the ability to move a home, how is building or buying a home on rented land a benefit to the homeowner/renter?
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DENNIS
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[*] posted on 8-3-2013 at 11:01 AM


Quote:
Originally posted by Lee

For a home on rented land: in the anything is possible department, Pabloff could decide (mom/dad gone, brothers want to sell) not to renew the lease. If the home can be moved, it'll be moved somewhere else. If not, the ''Renter'' vacates losing the home. Does this sound right?


Exactly right as well as correct.....not to mention, "Yep."

That's why one should calculate the risk before entering into it. In the case of the Pabloff family, you would have to have an understanding of the character of the patriarch, Alejandro Pabloff. His word has always been his bond and his heirs will keep that bond alive after he passes.
That's my calculation of this particular situation and I doubt I'll be alive to be proven wrong.

Quote:

Without the ability to move a home, how is building or buying a home on rented land a benefit to the homeowner/renter?



You get to live in it. All of the amenities in life aren't, or shouldn't be, considered an investment.

It ain't for everybody and the weak at heart need not apply.
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Lee
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[*] posted on 8-3-2013 at 11:47 AM


Quote:
Originally posted by DENNIS
All of the amenities in life aren't, or shouldn't be, considered an investment.


Nice attitude. Words to live by.




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F*ck it.
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Udo
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[*] posted on 8-3-2013 at 12:23 PM


The land lease sounds somewhat similar to a purchase of a condo.
In the case of the condo, you just own the stuff inside the rooms.
The HOA owns everything else.


Quote:
Originally posted by Lee
Still trying to get the big picture as I know a similar RE arrangement at an RV park in Pescadero.

Without the ability to move a home, how is building or buying a home on rented land a benefit to the homeowner/renter?




Udo

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DENNIS
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[*] posted on 8-3-2013 at 12:27 PM


Quote:
Originally posted by Udo
The land lease sounds somewhat similar to a purchase of a condo.
In the case of the condo, you just own the stuff inside the rooms.
The HOA owns everything else.



Another stateside similarity would be mobile home parks. Most of those are on rented land.

So, you see, Mr. Lee, the US and Mexico don't differ so much in this respect.
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bkbend
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[*] posted on 8-3-2013 at 02:52 PM


For those without deep pockets it's generally a lot less to get into a house. What would the above house go for in a similar location on titled property? A lot more. There is some risk in the landlord situation, especially with a house vs. parked RV on leased property, but I find that balanced by the low initial cost. If things go to crap and I can't get back to Baja for any number of reasons, I can walk away with minor financial damage.
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DENNIS
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[*] posted on 8-3-2013 at 03:23 PM


Quote:
Originally posted by bkbend
What would the above house go for in a similar location on titled property? A lot more.



There is very little land for sale in this location, Punta Banda. The exception is Puerto Escondido, high atop the hill above me. I call them, "The Cloud People."

I would have to make an educated guess at the price of a small lot there.......$50,000 dlls......maybe more since I haven't heard for a while.




.

[Edited on 8-3-2013 by DENNIS]
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J.P.
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[*] posted on 8-3-2013 at 03:52 PM


Quote:
Originally posted by DENNIS
Quote:
Originally posted by Udo
The land lease sounds somewhat similar to a purchase of a condo.
In the case of the condo, you just own the stuff inside the rooms.
The HOA owns everything else.



Another stateside similarity would be mobile home parks. Most of those are on rented land.











So, you see, Mr. Lee, the US and Mexico don't differ so much in this respect.









I had a lake House in Texas that was on Government owned land that was leased we had no problems when we sold it.
There is no form of land owner ship in Mexico or anywhere else that is bulletproof.

[Edited on 8-3-2013 by J.P.]
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[*] posted on 8-3-2013 at 03:54 PM


First rule of Buying property in Mexico" Never spend more then you are willing to walk away from".
The house on leased land is the perfect way to lose it all. I have done it twice and would do it again. It really depends on the land owner and his family. One of the places I had for 19 years and was great, the second was all so good but it was the 3 generation of owners and they really didn't understand how to run a business well. Both place were within close proximity to great wave and cost less the a new midsized auto. The rents always seems fair also.
This place sounds like a good place to get in to.




"Never teach a pig to sing it frustrates you and annoys the pig" - W.C.Fields

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willardguy
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[*] posted on 8-3-2013 at 03:55 PM


cloud people! well im not moving there, I saw "the crawling eye":o
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MMc
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[*] posted on 8-3-2013 at 03:57 PM


THE FOG! THE FOG! THE FOG!:lol::lol:



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DENNIS
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[*] posted on 8-3-2013 at 04:02 PM


Tuberculosis and rust. They pay extra for that.
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Paulina
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[*] posted on 8-3-2013 at 08:11 PM


Quote:
Originally posted by DENNIS

There is very little land for sale in this location, Punta Banda. The exception is Puerto Escondido, high atop the hill above me. I call them, "The Cloud People."


[Edited on 8-3-2013 by DENNIS]


Dennis,

I've always called that high atop the hill place, "hurricane alley".

My house is in Campo La Jolla. I'm going on my third lease. I wouldn't hesitate to recommend the Pabloff family to anyone considering buying/leasing property here.

P>*)))>{




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BajaLuna
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[*] posted on 8-3-2013 at 09:05 PM


I love La Jolla Beach Camp! I had a friend who had a place there that I would go and stay at, in fact La Jolla Beach Camp was on the top of my list of places to buy a place at. I would not hesitate to buy a place there! I have been there several times with a group of just women and we felt completely safe! The Owner or Caretaker (not sure which), he was great and was very helpful! And one year that I was there they even brought us homemade tamales on Christmas morning! It's a GREAT place!!!



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bigmike
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[*] posted on 8-5-2013 at 01:53 AM
Thanks for the Postive Feedback


Thanks to all for the postive feedback on the Pabloff Family.
Best advise "never spend more than you can afford to walk away from
in Baja" But in saying that we have had the lot since 1988. Lot of time spent here and great place to bring your family.
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