Long Beach general thread

NEW -> Contingent Buyer Assistance Program
morekaos said:
morekaos said:
morekaos said:
One of RE in the LBs favorite monstrosity has kicked over a price drop. Hallelulua. 461 days on the market with price action like a heartbeat and this LBC Ghengis Kahn wanna be has finally dropped his price. When will he find a bottom? Only time will tell. Check in another 461 days...

http://www.redfin.com/CA/Long-Beach/109-Park-Ave-90803/home/7602101

Lopped off another $325,000.00. I guess the pain is becoming just too much! This could be serious.

Lopped off another $275,000.00!! Only gonna be a stump left soon.

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Wow, I love this in the description:

"Home located on the largest SFR lot in Belmont Shore".

The lot is 6,120 Sq. Ft.

THAT'S the biggest lot in Belmost Shore? I mean, it's by the beach, but...damn.
 
Wow, I love this in the description:

"Home located on the largest SFR lot in Belmont Shore".

The lot is 6,120 Sq. Ft.

THAT'S the biggest lot in Belmost Shore? I mean, it's by the beach, but...damn.

You gotta understand that this area was sub-divided in the 20s-30s so ALL the lots are 2200- 3700 square feet. This is actually a double lot and is big for the area.
 
morekaos said:
frugalwithclass said:
there are 1 or 2 homes in naples that i see come up for 4 or 6mil and then they go away but i dont think they sell and i dont even have an interest to check :) it is amazing someone selling there house in lb thinks they can get 3 , 4mil , 5mil. i live in lb, its nice but not 5mil nice

They do sell in that range, believe it or not.

4 mil

4.5 mil

Ohh-oh, I don't know what went wrong here but this house which sold for 4.45 Million in June is back on the market. (I love this house). Wierd that they closed on it and it is back on the block 9 months latter. Deal gone bad?

4.5 mil
 
morekaos said:
morekaos said:
frugalwithclass said:
there are 1 or 2 homes in naples that i see come up for 4 or 6mil and then they go away but i dont think they sell and i dont even have an interest to check :) it is amazing someone selling there house in lb thinks they can get 3 , 4mil , 5mil. i live in lb, its nice but not 5mil nice

They do sell in that range, believe it or not.

4 mil

4.5 mil

Ohh-oh, I don't know what went wrong here but this house which sold for 4.45 Million in June is back on the market. (I love this house). Wierd that they closed on it and it is back on the block 9 months latter. Deal gone bad?

4.5 mil

Yeah, that is strange.

That property is one of my favorite homes on Naples, and Naples is a wonderful place to live and raise a family, except for the troubles Wilson High School is having. Get this: one of the reasons we moved off the island is because the oceans are rising and I think it will become prohibitively expensive to live there within the next twenty years. Is that a bit too tin foil hat?
 
I like your old house, in fact I live right down the street. I think I am willing to chance the melting of the polar caps and buy here sometime. I just need the right property to float by. My kids will probably skip the Wilson thing. Catholic guilt being all it is, they will probably go to Servite of Mater Dei
 
The public schools might be sub-par....but *please* don't buy into the "Catholic guilt".... or at least educate your children not to buy into the anti-gay agenda they spew. Now, back to housing.
 
Trooper said:
The public schools might be sub-par....but *please* don't buy into the "Catholic guilt".... or at least educate your children not to buy into the anti-gay agenda they spew. Now, back to housing.

Troop, that was a joke. I am waaaay toooo cynical for that stuff
 
awgee said:
morekaos said:
morekaos said:
frugalwithclass said:
there are 1 or 2 homes in naples that i see come up for 4 or 6mil and then they go away but i dont think they sell and i dont even have an interest to check :) it is amazing someone selling there house in lb thinks they can get 3 , 4mil , 5mil. i live in lb, its nice but not 5mil nice

They do sell in that range, believe it or not.

4 mil

4.5 mil

Ohh-oh, I don't know what went wrong here but this house which sold for 4.45 Million in June is back on the market. (I love this house). Wierd that they closed on it and it is back on the block 9 months latter. Deal gone bad?

4.5 mil

That property is one of my favorite homes on Naples, and Naples is a wonderful place to live and raise a family, except for the troubles Wilson High School is having. Get this: one of the reasons we moved off the island is because the oceans are rising and I think it will become prohibitively expensive to live there within the next twenty years. Is that a bit too tin foil hat?

I heard the guy who bought this house owns a couple car dealerships. I imagine his business isn't doing well. That's probably why he's selling. It is a GREAT house.

As far as Wilson goes, there is diversity there since it pulls from the west of Redondo to Junipero crowd. Some people aren't comfortable with that. But it is a very good school with a great honors program. Most people don't know but if you put any cred in rankings it is the highest ranked high school (according to Newsweek) in the area including Los Al which everyone seems to think is so great. My problem with wilson is it is big. But supposedly there is declining enrollment everywhere in coastal socal. Plus LB passed a school bond last year and they are converting 4 middle schools to thematic high schools in the next couple of years which should ease the pressure from the main high schools. The goal is to get Wilson and the others down to the 3000 student range.
 
morekaos said:
Trooper said:
Hell, maybe I’ll end up buying Trooper’s old place (I promise to take care of your fake plant)!

LOL ! I drove by it the other day and it's still out there !!! 3 Years later. That tells me the buyers never even moved into this unit..... It's probably been vacant the entire time. There's nice new carpet in there !

Hey, has 413 gone under contract yet ?

EDIT: Holy CRAP ! 413 is now down to $264,900 !!!!

WOW

Dec 03, 2008 Price Changed $264,900 -- MRMLS #S08155556

Nov 25, 2008 Price Changed $330,900 -- SoCalMLS #P650076

Oct 31, 2008 Listed $279,900 -- MRMLS #S08155556

What's up with the 330K price change on Nov 25? Then right back down on Dec 03. ???

Doh!!! $246,900.00!!! Where will the pain end?

Looks like they gave up...oh well, see ya in foreclosure
 
morekaos said:
morekaos said:
Ta-Daaa!!! A sub $500,000.00... Single family House....In THE SHORE...for 379 a square foot. Who da Thunk?

210 Park Ave

I admit it is a POS but c'mon!!!

It's back!!! But at a new, higher price at $385 a sqare foot. Still close to Super-Mex

Haven't you heard? The Spring Bounce is in full effect!

Everybody raise your asking prices accordingly.
 
morekaos said:
Collapse in the Shore continues. Another has been million dollar property (been empty for 2years) hits the market with a thud!!

Mar 09, 2009 Listed $725,000 -- SoCalMLS #P678871

Sep 11, 2008 Sold $840,000 -9.2%/yr Public Records

Nov 17, 2007 Price Changed * -- Inactive SoCalMLS #2

Nov 08, 2007 Listed * -- Inactive SoCalMLS #2

Sep 07, 2007 Listed * -- Inactive SoCalMLS #1

Jun 07, 2005 Sold $1,150,000 -- Public Records

231 Argonne Ave

Now we're are talkin!!! Nice price drop and $335 a square foot. Lets see if the girl can dance.

Apr 10, 2009 Price Changed $675,000
 
Hi,

My relative is looking to acquire a property in Long Beach and I would love to see what you guys think in terms of value and neighborhood. Personally I think $380+/sq ft is a bit excessive in today's market plus probable abstesos (1950's house), but she loves the house, what do you guys think? I value your opinions.

It's located by cross streets Margo Ave and E 6th St by CSULB

Thanks in advance!

The property listing is here.

http://www.redfin.com/CA/Long-Beach/Undisclosed-address-90803/home/7586949
 
simplexchange said:
Hi,

My relative is looking to acquire a property in Long Beach and I would love to see what you guys think in terms of value and neighborhood. Personally I think $380+/sq ft is a bit excessive in today's market plus probable abstesos (1950's house), but she loves the house, what do you guys think? I value your opinions.

It's located by cross streets Margo Ave and E 6th St by CSULB

Thanks in advance!

The property listing is here.

http://www.redfin.com/CA/Long-Beach/Undisclosed-address-90803/home/7586949

University Park Estates is a very nice suburban neighborhood. Schools are very good in the area and it's close to amenities (marketplace, marina pacifica, etc.) That price is actually reasonable. There are some higher end houses in UPE so your relative certainly isn't buying the "best house on the block" which is typically a good thing. That said, it's a terrible market so a low ball offer might get the job done; I don't know.
 
I like that area too. good schools, parks, neighbors, etc.

The only thing that concerns me about is is the pollution levels from the power plant and the freeways nearby. Most concern if your relative has cardiovascular problems or small children.
 
freedomCM said:
I like that area too. good schools, parks, neighbors, etc.

The only thing that concerns me about is is the pollution levels from the power plant and the freeways nearby. Most concern if your relative has cardiovascular problems or small children.

no pollution from the plant. basically steam. the freeway maybe though...
 
Thanks guys, I will forward this on...I was hoping the fact there should be a typical on shore breeze that most of the time the house will be upwind from the freeway and electrical plant...she does have a 8 month old so I will be sure to let her know though.

Thanks again!
 
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