GBO CARGO CONTAINER HOME

Greetings from San Diego! 🙂

GBO CARGO CONTAINER HOME

Two entrepreneurs, who have spent their careers fixing up old houses for resale, have constructed their first home out of six shipping containers. Matt Jakstis, 28, and Jonathan Sanders, 31, said the idea behind the two-story home on 2590 Island Ave., was to keep costs down and follow the trend of reusing old material instead of wood for a new home.

“It’s a matter of creating whatever you can dream up and what the city will accept,” Sanders said.

The home went on the market Friday, June 24, 2016 for $799,000, and sold on October 6, 2016 for $670,000.

From the balcony, guests see cars zip to and fro on the San Diego-Coronado Bridge and sunlight glistens on the dome of San Diego Central Library. Past the second-floor bedrooms and down the carpeted steps, the ground level of the newly built home is covered in laminate wood flooring. Paintings of ocean scenes adorn the walls, which is colored a light lime tone.

 

GBO CARGO CONTAINER HOME

 

GBO CARGO CONTAINER HOME

 

The three-bedroom, three-bathroom home is made up of three 320-square-foot steel shipping containers on the bottom and three on top. The containers were purchased used for about $3,000 each. Stained pine wood has been screwed into the side of the home, making it hard to believe the home was built using boxes that once rocked back and forth on the sea.

It’s not the first time someone has built a container home in San Diego County. Downtown designers RAD Lab built the popular East Village shopping and concert venue Quartyard out of shipping containers. With its proximity to downtown and South Park, not to mention a good school across the street, the container house in the Grant Hill neighborhood would typically sell in less than a month.

There have been seven newly built homes that sold this year in the same ZIP code, which also includes South Park and Golden Hill, according to real estate tracker CoreLogic. The most expensive was $1.25 million for a colonial revival home in South Park that had three bedrooms and four bathrooms. The most recent house to sell near the container home, also on Island Avenue, is about 500 feet away and sold for $595,000 in April. The 2,027-square-foot home was built in 1923 and has three bedrooms and three bathrooms.

The container home has everything a modern home would have — plumbing, heat and air conditioning. The city’s Development Services Department said it has passed its foundation and meter inspections. The home can be moved if the owner ever decides to leave.

“It’s completely permanent or very mobile,” Jakstis said.

The creation of the container home was celebrated by Borre Winckel, president of the San Diego Building Industry Association, who said a lack of construction and homes for sale in San Diego County and Southern California mean the market can benefit from innovation.

“It makes an important point that we have to have alternative solutions,” he said. “As far as we’re concerned, anything should be on the table. All housing options.”

Principals Jonathan Sanders, left, and Matt Jakstis have worked to create a 3BR/2.5BA 1920 square foot home with view of Coronado and Point Loma. The container house comes apart in six major pieces that can be transported by sea, air, truck or by rail. Sanders said total construction was about $280,000, which he estimated is about $100,000 less than it would be for a traditional home. Gary London, president of London Group Realty Advisors, said the problem with a home manufactured off-site — despite its popularity among some housing advocates — is that the cost savings are not enough to make it worth it.

 

GBO CARGO CONTAINER HOME

 

GBO CARGO CONTAINER HOME

 

GBO CARGO CONTAINER HOME

 

GBO CARGO CONTAINER HOME

 

GBO CARGO CONTAINER HOME

 

GBO CARGO CONTAINER HOME

 

GBO CARGO CONTAINER HOME

 

GBO CARGO CONTAINER HOME

 

GBO CARGO CONTAINER HOME

 

GBO CARGO CONTAINER HOME

 

GBO CARGO CONTAINER HOME

 

GBO CARGO CONTAINER HOME

 

GBO CARGO CONTAINER HOME

 

“The problem is none of these techniques I’ve seen save enough on those components to overcome the biggest obstacle, which is perception,” he said. “The perception is that a site-delivered home is inherently inferior (to a traditional home).”

London said the price asked for the home shows cost savings for construction are not passed onto the buyer, making it a tough sale for the general market.

“It basically appeals to the narrow, eccentric band of the market that thinks this is pretty jiffy,” he said.

Jakstis and Sanders acquired the property through their company GetBidOn for $220,000 in 2015. They said it stayed vacant for years because it is on steep terrain and challenging to build on. The home was designed by Sanders’ other company, GBO Homes.

 

So what do you think? Would you live here? 🙂

 

 

 

Information Source: The San Diego Tribute-Union, Redfin

Photo Source:  Redfin

 

 

 

 

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