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VA Approved Condos: PACIFIC RACQUET CLUB (003300)

san diego va approved condoPACIFIC RACQUET CLUB (003300): 3711 Balboa Terrace, San Diego, CA 92117

  • Bedrooms: 2-3
  • Bathrooms: 2-3
  • Price Range as of Dec 2014: $350,000-$475,000

For assistance with a condo approval project, contact VA Home Loan Centers at 888-573-4496.


Built in 1982, the Pacific Racquet Club Condominiums are located in quiet Bay Ho. Close to Tecolote Canyon Natural Park, shopping and restaurants; this property is perfect for urban dwellers looking to enjoy the amenities of the big city, but who wish to live in a slower paced atmosphere. A perfect investment property, market experts have predicted that home values in Bay Ho will rise by 3.5 percent next year. Because the number of foreclosures waiting to be sold in Bay Ho is 62 percent lower than the San Diego neighborhood average, home values in the area could increase more quickly than in other regions of the city. Two and three bedrooms, two and three bathroom units can be found at Pacific Racquet Club. Condos are very spacious with two bedroom condos containing approximately 1,000 square feet. Priced in the range of $350,000 and $475,000, Pacific Racquet Club condos are 23 percent less expensive than the median Bay Ho home and are listed 11.3 percent less expensive per square foot. Residents pay monthly HOA fees of $365. Dues include water, trash pickup, termite control, roof maintenance, exterior building maintenance, exterior landscaping and common area maintenance.

Featuring Cape Cod style architecture, balconies, decks, and patios adjoin units. Certain units provide residents with scenic ocean views. On site amenities open to residents include a pool and spa. Specific units have closet stacked washing machines and dryers. Those living in units without laundry are provided with machines in their own private two car garages. Residents without garages are assigned parking spaces on the property. Additional visitor parking can be found on-site as well. Condos are equipped with a dishwasher, garbage disposal, and microwave. Flooring is a combination of carpet and tile. Remodeled units have state of the art kitchens with granite countertops and glass tile backsplash. Specific units have custom Italian tile and glass fireplace. Other appealing features include custom paint and crown molding. These units have refinished wood floors and new lighting.

The Bay Ho atmosphere makes Pacific Racquet Club an ideal place for children. Clairemont High School, Marston Middle School, and Cadman Elementary School are in the attendance area of the property. The HOA also allows residents to own pets. Numerous dog parks nearby include Capehart Dog Park and Cadman Dog Park, additionally Mission Bay Park, less than a mile and a half away is a great place to take the dog.

Close to the 5, 52 and 8, the property has great access to Balboa Ave, the highway and every other point of interest in San Diego. Pacific Beach is only four miles away, and military members living at Pacific Racquet Club can easily commute to nearby facilities. The MCRD is six miles away; the 32nd Street naval station is 13 miles away and Camp Pendleton is 34 miles away. Additionally, public transit options can be found nearby. Bus routes 27, 50 and 105 make stops in Bay Ho. The property is down the street from 13 restaurants, four grocery stores and a gas station. Eateries include El Jefesito, In-N-Out Burger and Oasis Restaurant and Lounge.


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