Belmont Heights - Corner of Termino and E Livingston
Long Beach, CA 90803
OPEN HOUSE SUNDAY JANUARY 11, 2009 - 10 AM Until 5PM
Light and airy Belmont Heights Condo is a front corner upper unit with a nice open floor plan, hardwood floors and a wide expanse of windows to enjoy peek-a-boo ocean views and sultry ocean breezes.
Located within a short walk of Belmont Shore shops and restaurants this lovely Long Beach condo is just 2 short blocks to the sand and the Belmont
Pier. Walk over to the Belmont Brewing Company for a great sunset dinner or to La Palapa for dinner and light entertainment. Head into the very trendy Belmont Shore for shopping, entertainment and the many great restaurants on Second Street or walk up to Broadway for a fantabulous java fix at the Library Café, it’s all just a short walk from home. Not in the mood to go out? Swing by the nearby newly renovated Vons supermarket and pick up fixings to barbeque on the patio for a nice quiet dinner at home.
2 Bedrooms (Front Bedroom has Peek-A-Boo Ocean Views)
1 Bath
969 Sq Ft
Built 1952
HOA $173
Living Room (has Peek-A-Boo Ocean Views)
Dining Room (Peek-A-Boo Ocean Views)
Large Kitchen with lots of Windows (Peek-A-Boo Ocean Views)
The Turret House, a successful historic bed and breakfast in the heart of Downtown Long Beach Californiais For Sale. This elegant Victorian bed and breakfast provides its guests with a comfortable environment to unwind with period pieces throughout, and provides separate owners quarters, offering the new owner a comfortable and convenient lifestyle. Location is in the Wilmore Drake Historic District, one of 17 historic districts in Long Beach California.
Built in 1906, by a Kansas carpenter, this Historic Inn retains its charm to this day. Walking distance to the Downtown Long Beach business district the Victorian B & B provides a homey welcome to avid business travelers tired of spending the bulk of their time in typical hotels. The Inn was last renovated in 2003 with much attention spent on a beautiful restoration.
Business travelers account for over half of the room bookings. The Inn offers a unique travel experience for weary road warriors. A short walk into the Downtown business district the Inn has become a favorite for many business travellers tired of being on the road and wanting a more homey and comfortable environment. The Inn is also a favorite getaway for Anniversary celebrations and weekend getaways. Many Downtown locals book rooms for visiting family members. The Turret House also rents out the Inn for the use of Showers, Tea Parties, etc..
The business is solid, the Inn is usually fully booked. Even in the slower months of the year (November-December) the Inn is usually about 75% booked. The hotel has built expansive internet exposure, is highly rated and enjoys a friendly relationship with referring vendors. The Turret House provides a nice healthy, steady income for its current owners, it can for you too.
The Turret House has 5 themed guest rooms; all rooms have private baths, fireplaces, claw-foot tubs and showers, are lovingly decorated and are fully booked most of the year.
The Turret Room
Five leaded-glass windows frame this cozy room, complimenting its 12
foot high turret from which the house derived its name. Full-size
antique bed. A private bath with stall shower and slipper claw foot tub
is steps from the Turret Door.
Provincetown Room
Embracing the Inns diversity, the Provincetown Room is the jewel of
the house, with antique four-poster queen bed and matching carved wood
dresser sink. Artwork by prominent P-Town artist Doug Marr graces the
walls and French doors lead to a private balcony where guests may sit
and enjoy their mornings or cool evening breeze. Private bath.
Queen Mary Room
Named after our citys historic ocean liner, this room features sky
blue walls and artifacts from the ships sailings. Queen bed, private
bath.
Vagabond Room
As its name indicates, the Vagabond Room features a world traveler
decor with mementos of far-away places and faces. King bed, private
bath.
Dreamcatcher Room
Slip away into surreal dreams in this relaxing room. Earth-tone
colors with an eclectic mix of paintings and prints. Queen bed, private
bath.
Each room currently includes television with DirecTV including free HBO, Cinemax and Showtime, fluffy bathrobes and free passes to nearby Golds Gym. Internet access is also provided. Guests may also relax in the Inns private outdoor spa. The Turret House is a pet friendly bed and breakfast that feels more like a grand old home.
The Turret House won the 2005 Long Beach Heritage Preservation Award and has been voted the best bed and breakfast by the Press Telegram. It is no wonder, a tour of The Turret House will leave you with the sense of having stepped back in time with every nook and cranny lovingly restored.
This fine bed and breakfast offers its new owner more than just a steady income stream, it offers a lifestyle. The on site, separate owners quarters make this lovely Inn an extension of your home. You will have to see this wonderful haven to understand the warmth it exudes.
Southern California, Long Beach and the Downtown Long Beach areas offer unlimited resort amenities and endless entertainment. Centrally located, Downtown Long Beach is just 6 miles from the Long Beach Airport, 20 miles south of LAX, 22 miles north of John Wayne Airport and 51 miles east of Ontario Airport.
Downtown Long Beach is a highly evolving urban redevelopment area. Over the last few years many new high rise condominiums have been built; historic buildings have been converted into highly desirable Manhattan style lofts and new business has been moving into the Downtown area. Plans for continued development continue into our future. More information on the redevelopment in Downtown can be located on the City of Long Beach Site here.
Located at the corner of Ocean Boulevard and Linden, living at the Harbor Place Tower Luxury high rise condos places you directly in the heart of Downtown Long Beach. Find fine dining, interesting shops, the Performing Arts Center, the Promenade, Pine Avenue, Shoreline Village and the marina all within steps of your front door.
The Harbor Place Tower Condos, completed September 1992, has 22 floors (no 13th floor), 220 residential units, one commercial space plus offices, 3 levels of parking and was designed to provide many different views. Enjoy sweeping shoreline and waterfront views south to Newport Beach, the Long Beach Marina, Long Beach Harbor and the Port of Long Beach, as well as views including the Cruise Ships entering and exiting the Harbor, the Queen Mary and fantastic city lights views. Ocean view units enjoy ringside seats of Shoreline Drive, which is converted every April into the Long Beach Grand Prix Racetrack. Ocean view condos also have prime seats for the Downtown Long Beach Fireworks Display on July 4th. Enjoy the races and fireworks from the comfort of your living room or patio without dealing with the crowds. Grand Prix track map can be viewed here.
Resort style amenities and sweeping waterfront and city views……………….does it get any better than this?
Pool
Spa
Gym
Sauna
Concierge
24 hour security
Emergency helipad on rooftop
22 stories
220 residential units
1 commercial space plus offices
3 Parking Levels
Main Entrance is on Seaside Way
Ocean Boulevard Entrance is reserved for residents only
Los Angeles County and Orange County FHA loan limits are rising January 1, 2009. What does that mean to todays home buyers? This means that Fannie Mae and Freddie Mac loans remain high through the end of 2008, buyers can qualify for higher loans on homes closing prior to the end of this year. Once the New Year rolls around buyers will have less buying power due to the lower loan limits. This is true for all residential loans, including; homes, condos and residential investment property under 4 units.
Current FHA Loan Limits through 12/31/2008
Maximum Loan Amount
One Unit Limit
$729,750
Two Unit Limit
$934,200
Three Unit Limit
$1,129,250
Four Unit Limit
$1,403,400
Whats the big deal? Lower maximums loan amounts means decreased buying power.
FHA Loan Limits Effective 1/1/2009
Maximum Loan Amount
One Unit Limit
$625,500
Two Unit Limit
$800,775
Three Unit Limit
$967,950
Four Unit Limit
$1,202,925
Today is November 16, 2008. It is still possible to find and close on a home or condo before the new lower loan limits take effect. If you have been thinking about buying, were contemplating putting that purchase off until after the New Year and are in the price range that would be affected by the new lower FHA loan limits, you might want to consider getting out there right now while you can still take advantage of the higher FHA loan limits. Remember, your escrow must close prior to 12/31/2008.
Real estate is always a good purchase, now really is a very good time to consider purchasing a Long Beach Home, Condo or Income Property. If you have been sitting on the fence call us today to discuss your needs and wants. We are always here for you. Call Laurie (562) 212-5420
Many buyers who are searching for homes in Long Beach express interest in purchasing a "fixer upper" .
It is always interesting to hear what their idea of a "fixer upper" is. There are so many levels of fixer upper it is necessary to clarify what the buyer has in mind.
With so many Long Beach homes on the market at affordable prices one would think it should be really easy to find a home and get a great deal. So why are so many first time buyers having trouble finding a home that suits their needs at a price they can afford?
Stay up to date with Long Beach Mortgage Rates Reports. Get the latest breaking financial and real estate news. Read More>>>
FHA Loan Limits
FHA loans are available to a maximum loan of $729,750 with a minimum 3 to 3.5% down payment until January 1, 2009 when they are currently scheduled to drop the maximum loan amount to $625,000, this could change.
Current FHA Lending Limits for LOS ANGELES COUNTY (LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN AREAS):
Single Family Home or Condo : $729,750
Duplex : $934,200
Tri-plex : $1,129,250
Four-Plex : $1,403,400
Jumbo Loans are
currently requiring approximately 30% down payment and start at $729,000, also currently scheduled to drop concurrently on 1/1/09 to $625,000 unless something changes between now and then.
7 Steps to Pre-Home Purchase Preparedness
1-Choose a Lender
2-Checking Credit Scores Prior to Starting the Purchase
3-Be Pre-approved Prior to Searching
4-Have A Solid Financial Plan
5-Insist on a Lock-In Letter
6-Demand a Loan Commitment
7-Waiting to Sell Your Home
If you are relocating to Long Beach California you will need lots of information. You will be curious to know about Long Beach communities , neighborhoods and resources . We have tried to include as many area resources as possible here to make your transition a smooth one.
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