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Retail to restaurant conversion - is this lease rate gap normal or am I getting played? (Seal Beach, CA)

Looking at a 5200 sqft spot right on Main St in Seal Beach. Currently retail, but the listing claims restaurant permitting is "underway". The rent they are asking is throwing me off. They quoted $2.50 to $4.00 PSF (plus $0.70 NNN). That is a massive spread. I get it depends on if they hand it over as-is or as a warm shell with some TI, but is a $1.50/sqft difference actually worth it just to have the landlord do the bare minimum buildout? Should I just take it as-is for the $2.50 and handle the restaurant conversion myself? Also, anyone have experience with the city of Seal Beach? "Permitting underway" sounds like broker-speak for "you'll be paying rent for 9 months while waiting on the city." Appreciate any insight. submitted by /u/_sandeep1995 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1rqnjiw/retail_to_restaurant_conversion_is_this_lease/
Recent posts

Housing isn’t actually that expensive. It’s a wages issue, not a price issue.

Obviously, it’s double sided. And this is not a full on market analysis. This is just me observing based on my area, which is in the sunbelt. In summer 2024, I bought a small house. 950 sqft. 3 bed, 1 bath. It’s in a highly desirable area. Big for young professionals and young families, but a bad school zone, so people don’t live here really once their kids hit the age of 4 or 5. People upgrade in size and zoning at that point. Lots of rentals, young families, and some elderly live here. I paid about $330K for this small, not very updated, 950 sqft 3/1. $330K is fair or even favorable to a buyer for this area, but still. I see the argument everywhere that it’s asinine that these 900 sqft or 1000 sqft 1950’s shoeboxes are going for such insane prices. Well if you think about it, it’s simply just not an insane price at all. An older friend of mine bought a very similar house in this same area for about $170K in 2006 (or 2007, I’m not entirely sure but it’s one of those years). So, re...

Inspection

The inspection for the house my wife and I put an offer in on is today. The house was built in 1985. The HVAC, water heater, and half the roof is newer. There's an attic, crawl space, and one car garage. What questions should I ask? Edit: We are in East Tennessee. submitted by /u/tatersaregood [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1rpvu6v/inspection/

Do you think the housing market will actually crash or just stay expensive?

People have been predicting a crash for years, but prices haven’t dropped much in many areas. What do people actually think happens next? prices drop prices stay flat prices keep rising Curious what people on the ground are seeing. submitted by /u/richnickel [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1rptnhw/do_you_think_the_housing_market_will_actually/

Would you still work with a client who canceled a purchase agreement...twice?

I've been working with a realtor for a couple of months now. We get along well. I won't go into details, but I offered on a new construction property, then canceled...twice. It was just too expensive, and I felt pressured by the builder, overwhelmed by both buying and selling costs and logistics, and something just didn't feel right about the property/deal. (I have anxiety, which makes everything more emotionally complicated than it needs to be.) After all this, I told my realtor I wanted to stop the search and stay put...but I keep checking listings. If something else comes on the market that meets my criteria, do I go back to the same agent? I signed a buyer's agreement when I made the first offer, so I think I am contractually obligated to use her again? Would she even want to work with me? Do I ask to cancel the agreement and start fresh with a new agent? How do I handle this mess I've made gracefully? submitted by /u/misfitmpls [link] [comments] s...

Inspections

Hello! We are FTH, and are in our due diligence period for a home. Our offer was accepted last week We have the home/termite/pool inspection all lined up for 9-1pm. Our real estate agent is super thorough That being said... we put in an offer after seeing the home at the open house. My question is: while we're at the house during the inspections, what should WE be mindful of, looking for, double checking, etc? What are things that might not be included in an inspection that we want to consider during the due diligence period, since we will have that access to the house ? submitted by /u/Reasonable_Art3872 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1rot1k3/inspections/

Please help

I am currently applying for an apartment and encountering difficulties with the third-party verification process for proof of income. As a contractor, I do not receive conventional pay stubs. Instead, my employer provides PDFs of account transactions from the previous year to the present, including dates, my name, confirmation numbers, and amounts. However, the third party does not recognize these PDFs as valid pay stubs. Linking my bank account resulted in an inaccurate calculation of my monthly income as $58.33, despite my actual monthly earnings ranging from $6,000 to $10,000. When I submitted bank statements from my personal account, the system rejected them, stating that it does not accept business bank statements. I am unable to upload tax transcripts for 2024/2025 since I began working for this company in June 2025. With only 72 hours to complete this process and over 48 hours already elapsed, would a formal offer letter be an acceptable form of verification at this stage? ...

Do home sensors actually help with insurance claims or premiums?

Hi everyone, I’m trying to decide whether it’s worth installing additional sensors around my house (things like water leak sensors, temperature monitors, humidity sensors, etc.). I’m less interested in the smart-home convenience side and more curious about whether these devices actually matter from an insurance perspective. A few things I’m wondering: Do home sensors ever help with claims or investigations after something like water damage, fire, or frozen pipes? Are there specific types of sensors that insurers actually consider useful (water leak, smoke, temperature, humidity, electrical monitoring, etc.)? If a homeowner had historical sensor data showing something like temperature drops, water leaks, or electrical anomalies, would that realistically help in a claim situation? Do insurers ever offer discounts or incentives for homes that have monitoring devices installed? From your experience, what kind of data or monitoring would actually be valuable evidence if something ...

Sometimes you have to laugh at the process

I posted in r/FirstTimeHomeBuyer that we closed. Our house was unoccupied and close got delayed, so the seller gave us early occupancy to start moving, since my landlord plans to occupy my current house. And then it went sideways. We aren't done with close, but its going to eventually go through. Im not posting this as a rant, or complaint. But more so as a reminder to those reading these subs that each person goes through a different process and some take time. We were supposed to close 3/2. The day before close title calls and says they need a certified POA from the seller's daughter and the original doctors letter. The homeowner is 83 and her daughter is selling the house to pay for her care. No sweat. Then title calls and says they've found a deed in trust on the house from 1993. The bank on it no longer exists. Great. This was the initial delay. Seller finds the paperwork for the deed in trust, and provides title all the documents. We are now going to close 3/6 ...