Long Beach Condos For Sale: September 28, 2008

Sep
28

What’s available?

YIKES! There are 539 Condos for Sale in Long Beach!

Long Beach Condos For Sale Need a little perspective? 464 Long Beach condos have sold (closed escrow) between 1/1/2008 and today 9/28/2008! This means that it will take about 10.5 months to sell off the existing inventory of homes. That does not take into account new listings entering the Long Beach Real Estate market.

11 Studio condos for sale in Long Beach ranging in price from $75,000 to $497,000, square footage 215 to 527, 143 average days on market.

1 condo for sale in Belmont Shore
1 condo for sale near PCH & Bellflower
6 condos for sale in Downtown Long Beach
3 condos for sale in Alamitos Beach

Buyers are looking at these units with a new perspective lately. Some are buying these for weekend getaways, others are using them to run small businesses from and parents have been purchasing them for students. Be sure to check the CC&R’s to make certain that your purpose is allowed.

160 one bedroom condos are for sale in Long Beach ranging in price from $64,000 to $740,000, square footage 471 to 2,461, 111 average days on market.

2 condos for sale in Bixby Village on 7^th St.
2 condos for sale in Marina Pacifica Condominiums
1 condo for sale in Belmont Shore
16 condos for sale in Belmont Shore
1 condo for sale is actually in Lakewood
18 condos for sale on the Eastside
3 condos for sale near PCH & Bellflower
97 condos for sale in Downtown Long Beach and Alamitos Beach
9 condos for sale in Bixby Knolls
11 condos for sale in North Long Beach

Property Auction Lowest Priced one bedroom condo for sale in Long Beach?

$64,000, 1 bedroom, 1 bath, 660 sq ft in Bixby Knolls. But don’t go getting all excited, its not a real price folks, it’s the starting price for an auction and there are other costs involved as well. You remember the old saying, “If it sounds too good to be true…. It’s probably too good to be true!"

Highest Priced one bedroom condo for sale in Long Beach?

133 N The Promenade #405 in Downtown Long Beach Condo for Sale is a 1 bedroom, 3 bath, 2,461 sq ft Penthouse, with HOA dues of $604 and central air and heat which has been on the market for a short 10 days. This unit went on the market this time at $689,000 the price was changed the same day to $740,000. Yes, that is curious! This is a Short Sale believe it or not, built in 2007. City lights view. Hmmmmmmm………….. What? No ocean view for that price??? Can you smell another foreclosure coming?

While only on the market for an apparent short 10 days, this property was actually recently removed from the market to be put back on as new. Previously listed on 6/10/2008 for $950,000, reduced the same day to $789,999, then reduced to $740,000 on 9/12/2008 and removed from the market the same day.

Can you say psychotic?

There are 303 two bedroom Long Beach condos for sale ranging in price from $80,000 to $1,495,000.

40 have 1 bathroom
249 have 2 bathrooms
14 have 3 bathrooms

55 indicate no parking (some of these have parking but it is not indicated on the MLS)
117 indicate 1 available parking space or garage
130 indicate 2 available parking spaces or garage combination
1 indicates 3 available parking spaces or garage combination

Since 3 parking spaces are so very rare here in Long Beach here is further information on that particular unit:

2121 E 1st Street #307 is 2 bedroom, 2 bath, 1,264 sq ft, HOA $183 Long Beach Condo located in the heart of the Bluff Park Historic District and is just 1 short block to the beach. It is a Probate sale, being sold as is, and is not subject to court approval. This unit has been on the market for 109 days, originally priced at $524,900 back on 2/13/2008, reduced several times to its current list price of $420,000.

Since 2 bedrooms so rarely are available at anywhere near $80,000 here is further information on the 2 that are available at that incredible (realistic?) price:

3245 Santa Fe Ave #71 is a 2 bedroom, 1 bath, 730 sq ft first floor unit with a carport and HOA $215. This is a Short Sale that has not been approved by the bank and has been on the market for 160 days.

3265 Santa Fe Ave #138 is a 2 bedroom, 1 bath, 730 sq ft, HOA $185, no parking indicated which is likely incorrect. This unit is a bank owned foreclosure and has been on the market for 51 days.

I found an interesting blog in Virginia about Condo ownership which you might want to read.

Home or Condo Buyer Information:

Long Beach Condos For Sale

Naples Island and Belmont Shore Luxury Condos For Sale

Belmont Heights Condos For Sale

Related Posts:

Laurie Manny Long Beach Realtor (562) 212-5420
Main Street Realtors Belmont Heights 244 Redondo Avenue Long Beach California 90803
Long Beach Real Estate Blog Long Beach Real Estate Website

http://www.lauriemanny.com/004481

Posted on September 28, 2008 00:36:14 by Laurie.Manny

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