OceanAire Apartment Homes
Pacifica, CA 94044
santaclause64 • Resident • 2005 - 2006 Not Recommended
The current owner of Land's End has reportedly put the 260-unit complex on the block after a renovation program failed miserably. Fowler Property Acquisitions planned to renovate all the apartments, add 500 square feet to the clubhouse, build a new swimming pool, and add parking spaces and new signage. The California Coastal Commission nixed the clubhouse expansion, pool addition, and parking and signage projects by barring Fowler and all future owners from building a seawall if the projects moved forward.<br><br>Land's End sits atop a sandy bluff that is vulnerable to beach erosion. The commission estimated that the bluff could erode enough in the next 30 years that the parking spaces Fowler sought to build could tumble onto the beach without the protection of a seawall. The commission referred to the parcel on which Land's End sits as "distressed" because of the erosion problem.<br><br>There are reports that Fowler completed renovations on only about half of the apartments. The renovated apartments feature new kitchens with stainless steel appliances, granite counter tops and cherry cabinets, crown moldings in the living room, and new carpet and paint throughout. <br><br>Although it would be difficult to imagine having worse on-site management than Fowler provided (the maintenance staff excepted), an imminent sale signals a period of transition and, therefore, instability. Caveat emptor -- and that goes for potential buyers and renters alike.
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