Raise the bar for luxury living with Pacific Gate condos for sale. If you’re ready to enjoy the good life in San Diego, here’s the ultimate guide to buying condos from one of the finest developers on the Pacific Coast.
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Pacific Gate by Bosa
Completed in 2018, Pacific Gate by Bosa is a luxury condo tower offering residential units in a variety of layouts. Described by Bosa Development as its first “super-prime” condo project west of the Mississippi, the tower has quickly earned a reputation for superior quality and modern opulence.
The tower’s prime location places it in the thick of the action of Downtown San Diego. It rises along 888 West-E Street at the corner of Broadway and Pacific Highway. Located between Little Italy and the Marina District, Pacific Gate condos for sale offer easy access to the city’s most exciting shops and restaurants.
Amenities, Perks, and Services
- Fitness center
- Pool and spa
- Dog run
- Garden area
- Residents’ lounge with full kitchen
- Screening room
- Conference room
- Chef concierge services
- Mercedes-Benz luxury car fleet
- Business center
- Residents-only guest suite
- Residential Storage
- Community electric vehicle charging station
- Motor court
- Porter services
- 24-hour attended lobby
- Private yacht share – “Pacific Dream”, a 45-foot cruisers yacht
Total Number of Units and Floors
The Pacific Gate by Bosa is a 41-story tower with three levels of underground parking and an estimated 16,000 square feet of double-height, ground-floor commercial space along Broadway and Pacific Highway. The entire development spans 515,533 square feet and offers 214 residential units on the upper floors.
Pacific Gate condos for sale are available in several layouts under two collections, namely the Luxury Collection and Estate Collection. The tower’s spiraled floor layout creates private balcony space for each unit.
Luxury Collection floor plans can be found on the 6th to 32nd floor of the tower:
Luxury Collection 01/Floor Plan C (Units 601-3201): 1,770 sq.ft., 2 BR + Den, 2.5 BTH, 1 BALC.
Luxury Collection 02/Floor Plan Q (Units 602-3202): 1,806 sq. ft., 2 BR, 2.5 BTH, 1 BALC.
Luxury Collection 03/Floor Plan R (Units 603-3203): 1,276 sq. ft., 2 BR, 2 BTH, 1 BALC.
Luxury Collection 04/Floor Plan S (Units 604-3204): 1,556 sq. ft., 2 BR, 2 BTH, 1 BALC.
Luxury Collection 05/Floor Plan F (Units 605-3205): 1,602 sq. ft., 2 BR, 2 BTH, 1 BALC.
Luxury Collection 06/Floor Plan P (Units 604-3204): 1,390 sq. ft., 2 BR, 2 BTH, 1 BALC.
Estate Collection floor plans can be found on the 33rd to 40th floor of the tower:
Estate Collection 01/Floor Plan T (Units 3501-4001): 2,315 sq. ft., 2 BR, 2BTH, 1 BALC.
Estate Collection 02/Floor Plan U (Units 3502-4002): 2,608 sq. ft., 3 BR, 3.5 BTH, 1 BALC.
Estate Collection 03/Floor Plan V (Units 3503-4003): 2,034 sq. ft., 3 BR, 3 BTH, 1 BALC.
Estate Collection 04/Floor Plan W (Units 3504-4004): 2,450 sq. ft., 3 BR + Den, 3 BTH, 1 BALC.
Development and Architecture
As one of the leading developers in San Diego, Bosa Development has more than 50 years of experience in urban design. Bosa goes beyond luxury to create livable and highly connected real estate developments that elevate day-to-day living. With a reputation for quality and an eye for elegance, Bosa Development considers itself a long-term investor in the communities it chooses to build in.
Bosa Development collaborated with Kohn Pedersen Fox Associates and Chris Dikeakos Architects to bring the Pacific Gate vision to life. The tower serves as a landmark and gateway to Downtown San Diego, transforming the skyline with its angled roof and glass-clad, oval-shaped structure. KPF drew inspiration from the curved lines and organic materials of the waterfront. The firm brought sun, sand, and sunlight together to create a design that is uniquely San Diego.
With an east-west orientation, the tower commands views of the downtown area and the waterfront with reduced sun exposure, which ensures the comfort and enjoyment of its inhabitants.
Hirsch Bedner Associates and Jaume Plensa provided interior design services for the project. The interior features delicate lines and soft tones. Intersecting brass ring inlays that add texture to the space. Terrazzo floors, contoured terrazzo fascia panels, and mother-of-pearl accents give the grand lobby an understated elegance. Beige limestone accents recall San Diego’s historic downtown.
The tower’s overall design incorporates many thoughtful elements:
Vertical metal fins accentuate the exterior while blocking solar heat and optimizing energy performance.
High-performance glass panels with Low-E coating provide insulation to the entire building, keeping residents cool and comfortable indoors.
A spacious resort-style pool deck on the fourth level shielded by limestone walls and spiraling glass from wind and noise offers a relaxing experience for residents and their guests.
The three-story podium on the south side of the tower reflects the curvature of the structure, housing commercial space on the ground level and creating public spaces along Pacific Highway.
The public plaza along Broadway provides seating and plenty of shade with rows of swaying palms. Its water features, lighting fixtures, sleek outdoor furniture, and public art installations add to the tower’s visual appeal.
Professional landscaping on the ground floor, the top of the tower, and the roofs of the podium add greenery to the space.
Opening and Sales
Bosa’s public sales campaign began the following month in May 2016. Pacific Gate had sold more than 50% of its residences by February 2017
. Real estate agent Cristi Chaquica worked with the developer and sold out the building. With close ties to Bosa and a working relationship with the developer, Cristi’s knowledge of the sales process is unrivaled.
When acquiring Pacific Gate condos for sale, buyers can either pay cash or apply for a mortgage. Cash transactions are fairly straightforward in San Diego. Buyers who want to secure financing for their condo purchase must provide documentation and meet their chosen lender’s requirements.
For luxury condos, buyers may consider applying for a jumbo loan, which exceeds conventional loan limits. Conforming loan limits vary by location. According to Dash Home Loans, the baseline loan limit is $625,000 for most housing markets in the United States in 2022
. But in high-cost areas like San Diego for example, conventional loan limits can be as high as $937,500. Since jumbo loans cover larger amounts, they aren’t backed by government-sponsored enterprises (GSEs) like Fannie Mae and Freddie Mac, making them inherently riskier for lenders.
Buyers must produce sufficient financial documentation proving that they have enough cash reserves and that they meet income requirements for the down payment, closing fees, and monthly mortgage payments. When taking out a jumbo loan for a condo, buyers should be ready to make a 10% to 20% down payment. Borrowers must also have a higher-than-average credit score.
Paperwork and Documentation
When taking out a loan on Pacific Gate condos for sale, buyers should provide documentation covering the following aspects of their financial background:
Assets, debts, and income
Profit/loss statements for businesses
Annual tax returns
Number of units sold
Number of investor-owned units (non-owner occupied units)
Number of delinquent unit owners
On-going lawsuits and litigation
Upcoming special assessments
Buyers will face more difficulty securing loans if the condo building has more investor-owned units since some mortgage programs limit the number of non-owner-occupied units. The lender will also want to make sure that the condo association’s books are in order.
Litigation can have a huge impact on a condo purchase. It’s not unusual for homeowners associations (HOA) to face lawsuits of all kinds. It’s important for buyers to be aware of any ongoing litigation and how it can affect their ability to get approved for a mortgage as well as the long-term value of their real estate investment. They should also know whether or not they will be subject to a special assessment, which comes with a fee, as a result of litigation.
Working with a buyer’s agent who specializes in San Diego condos will help you exercise due diligence when looking for a suitable condo. With so many condo developments in Downtown San Diego, it is important to work with a local expert who has insider knowledge on location, amenities, prices, condo associations, and rules and covenants. A real estate professional will stay on top of paperwork and negotiations to ensure a smooth transaction.
Chaquica & Associates is skilled in luxury real estate acquisition and marketing in San Diego. As top producers, we have worked with both local and international clientele. Get in touch with us for more information.
Other Tips for Buying a Condo in San Diego
Go over the full list of covenants, conditions and restrictions (CC&Rs), which all residents must follow. CC&Rs may place restrictions on renovations, pets, the number of occupants per unit, the use of common areas, and so on.
Ask for a breakdown of monthly HOA fees. What’s included in the monthly fees and what do they cover? Are the fees justifiable or not?
Go over the list of disclosures specific to the unit to be purchased. This list covers any material or known defects in an existing residential unit.
Ask for the HOA’s budget to make sure that the association isn’t running a deficit and that there are sufficient funds for emergencies, such as having to replace a roof or make repairs to shared amenities.
Ask for the HOA’s minutes of the meeting from the last six months. The meeting minutes will shed light on any ongoing disputes or issues among unit owners and the HOA. They will also provide information on upcoming developments, such as new amenities, improvements, or community events, that might entail additional fees or payments.
Evaluate the rules on condo rentals to determine whether or not the unit can be leased, and for how long. It is customary for HOAs to set rules and regulations on leasing condos.
Understand the difference between warrantable and non-warrantable condos. Warrantable condos comply with Fannie Mae and Freddie Mac guidelines and are therefore eligible for conventional loans. These condos are located in financially healthy communities. Non-warrantable condos, on the other hand, don’t meet Fannie and Freddie’s guidelines and are less likely to qualify for a conventional mortgage.
Assemble a team of real estate experts, financial advisors, and lifestyle consultants for a smooth transaction.
The Benefits of Condo Living in San Diego
There are many benefits to condo living in Pacific Gate by Bosa, including:
Access to upscale amenities for fitness and recreation
Exclusive perks like residents’ guest suites, luxury car fleet access, and yacht share
Proximity to world-class retail, dining, nightlife, and entertainment
Proximity to the waterfront and other San Diego landmarks
Little to no upkeep; trained personnel is in charge of cleaning and maintaining common areas
24-hour security and controlled access to entry and exit points
Potential for rental income and resale value
Quality workmanship and design
Energy-efficient features for better insulation and reduced energy consumption
Views of the San Diego skyline and waterfront
Work With Chaquica & Associates Today
FindPacific Gate condos for sale with Chaquica & Associates
. As the leading real estate company in Greater San Diego, we help top-tier clients find homes that match their needs and lifestyle. Our team is led by Cristi Chaquica
, an agent with over 25 years of experience in real estate.
Genuine, trustworthy, and responsive, Cristi is the recipient of the 2020 Modern Luxury San Diego Dynamic Woman Award. She was also the top-producing agent in San Diego for total sales volume in 2021.