Long Beach Real Estate-Long Beach Condos

Downtown Long Beach Condos-Long Beach Short Sales

 Golden Gate Square Condominiums

730 West 4th Street; Downtown Long Beach, California

 Market Report - January 1, 2007 - November 18, 2007

Built 1987 

• The Golden Gate Square Condominiums currently have 8 units available for sale; 87 average days on market.
  
• 3 one bedroom units and 5 two bedroom units, details may be viewed above.
• 3 units have closed escrow  (SOLD) this year; 50 average days on market. 
• 2 units cancelled their listings; 125 average days on market. 
• 1 listing expired; 152 days on market. 
• #306 is a short sale
• #115 is a short sale

Located in Downtown Long Beach the Golden Gate Square Condos sit on the corner of West 4th Street and Golden Avenue, directly across the street from the beautiful Cesar E. Chavez Park.  The park sits on 24.41 acres located at 401 Golden Avenue.  Park hours are Monday - Friday 9AM- 7 PM and Saturday 12- 4 PM.  Amenities include basketball court, Community Center, Playground, Weight Room, Picnic Area and Restrooms.  The park provides programs for Tiny tots, Youth and Teen Recreation and Senior Programs. 

The complex provides a gym, community room, picinic area and outdoor barbeques on the greenbelt.  This is a well run building with a cohesive HOA.  It is a really great place to live. 

This lovely condo complex is within walking distance to area beaches, the Long Beach Convention Center, The World Trade Center, the Downtown business district, Pine Avenue, area restaurants, local galleries, the East Village Arts District,  The Aquarium of the Pacific,  Rainbow Harbor and The Pike.  It is also convenient to area freeways and all area public transportation including the Metro Blue Line lightrail system.

The Laurie Manny Teams most recent sale at 730 West 4th, Unit # 303 was under contract in less than 24 hours of having been placed on the market.  Folks, it was priced right!  This unit was offered at $299,000.  We closed escrow at $303,000 with $9,000 to the buyer in closing costs.  The buyer was provided with a lock in letter and a loan commitment letter which assured both the buyer and the seller that the loan was intact.  We closed this one on time in 30 days.  Represented Buyer. 

We just listed unit #306.  A very charming 2 bedroom, 2 bath with laminate wood floors throughout.  Spacious with plenty of storage space this unit is priced to sell fast.  The unit is vacant and is subject to bank approval as a short sale.  On the market for under 24 hours, priced at $260,000, the offers are already coming in on this one.  This is how it is done folks, price it right and you too can sell your Downtown Long Beach Condos.  If you are an interested buyer Laurie Manny is offering you $3,000 from the buyers side commission if you write the offer through her and close the escrow, making this a very sweet deal.  Represent Seller. 

We are all painfully aware of the changes in the real estate market and that prices have been declining not just in Downtown Long Beach, but in most places across the nation.  Prices have come down.  If you are considering selling this must be a consideration when deciding on how to price your condo for sale. 

Some Downtown Long Beach Condos are selling.  The condos that sell have traits in common.  Buyers are looking for specific items, if you can you should attempt to prepare your unit for sale. 

What buyers want and will pay for:

• location
• wood or laminate floors
• parking spaces
• upgraded kitchens
• upgraded baths
• square footage
• upper floor units
• Most of all they want to see a sparkling clean home when they preview it. 

If you are on the market and your condo is not selling you may not be reducing your price in time.  You may be chasing the market down.   This is never a good thing to do and will generally cost you a lot of money, if you ever sell.  It is much smarter to take a giant leap when considering your price reduction and get ahead of the curve than to inch down and never quite get it right. 

As an experienced Downtown Long Beach Real Estate professional I have both written and received many offers to purchase homes and condos in Downtown Long Beach.  Not only do I know my contracts, I know them well enough to negotiate the very best deal for you whether you are a Buyer or a Seller and I want to earn your business.  Are you thinking about buying or selling a Long Beach Home or a Downtown Long Beach Condo?  Would you like to be properly represented by an experienced professional?  If so, contact me regarding your next Long Beach sale or purchase.

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