Long Beach California Luxury Home Market Update

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Long Beach California is home to the West Coasts most affordable beach real estate.  Set in sunny Southern California we enjoy moderate temperatures year round, sweet ocean breezes and a resort atmosphere.  With our purchase prices so reasonable is it any wonder snowbirds are flocking here?  Palm Desert, 2 hours inland, is fantastic, but nothing compares to luxury oceanfront property and the beach is just more fun!

Long Beach has an endless array of entertainment to suit any lifestyle or age from water-sports to nightlife, theater and fine dining.  This is the perfect place to do everything, do nothing or to just go fly a kite!

Yes we have golf courses!  Long Beach is centrally located making access to all Southern California golf courses just a short drive.

Long Beach is conveniently located just 20 minutes south of Los Angeles International Airport (LAX), 20 minutes north of John Wayne Airport (SNA) in Irvine, and home to our own Long Beach Airport – which we love.  We are also just a 20 minute drive into Downtown Los Angeles – in case you were thinking about catching a Lakers game; attending a concert at the fabulous Staples Center or a performance at our beautiful Music Center.  Fantabulous and incomparable, 8 time Grammy award winner, Tina Turner
is performing at the Staples Center as I write this, had I known that ahead of time I would be there tonight singing along……..What’s love got to do with it? La la la… Gotta love that woman!

Did I say we were centrally located?  A 2 hour drive north will find you in beautiful Santa Barbara.  Head north just a little further and enjoy a day, or a romantic weekend, in wine country.  A leisurely drive south will take you into lovely San Diego.  Catch a Padres game or spend a day at the San Diego Zoo or perhaps SeaWorld with the family then head into the Downtown San Diego gaslight district for a delicious dinner and some relaxing down time.

Surfer? 10 minutes to surf city – Huntington Beach, where you will catch some of the finest waves on the west coast.

Long Beach is slated to become the new home of the largest movie studio in California.  A deal has been struck to take over the Boeing facility near the Long Beach airport. This will infuse new life into Long Beach and will certainly attract celebrities to our lovely waterfront homes and high rise condominiums.  How could they resist?  You never know who your new neighbor may be!

Did you know that Hollywood got its start in Long Beach?  Long Beach was known as the motion picture capital of the world until post World War I when Hollywood developed around the glitz of the era.  With its perfect Southern California climate, Long Beach afforded the perfect setting for the industry.  There were eight film houses, two stock companies,  roller-coasters and bath houses at the historic Pike, along the shore of Downtown Long Beach.  This was the home of the Balboa Amusement Production Company, the  world’s most prolific silent-film studio.  W. C. Fields and other stars lived in beautiful mansions in the Bluff Park neighborhood along Ocean Boulevard and First Street, many of which remain in the families to this day.

Speaking of historic districts, Long Beach has 17 of them, California Heights being the largest.  We love our historic homes here.  You can find out more about the history of Long Beach here as well.

Redevelopment in Alamitos Beach and the bustling Downtown Long Beach communities has birthed fabulous luxury high rise condominiums with endless ocean views, Manhattan style lofts and many fabulous new dining opportunities.

The luxury home market is generally a cash market.  Brian Brady’s 2009 Real Estate Market outlook predicts that disappearing jobs and financing will likely drive the price of luxury properties down in our waterfront and higher end communities.  While that is tragic for the owners of these Long Beach properties it is an incredible opportunity to purchase the Long Beach home, condo or vacation property you, the buyer has been waiting for.

The Long Beach real estate market has gone through several tumultuous years, this winter is certain to be a difficult time for sellers of Long Beach luxury homes, condos and income properties.  FHA loan limits, currently capping at $729,750 for single family home purchases are slated to be decreased to around $625,000 on January 1, 2009.  Decreasing buyer purchasing power is certain to affect prices in the mid-market range of $700,000 to about $1,000,000.

What does this mean for sellers?  If you are planning on selling, you should plan on closing your escrow before the end of the year and should price it to do so. It would be our pleasure to provide a home value assessment.

What does this mean for buyers?  This is an incredible opportunity to purchase your new home at an incredible price.

International buyers are flocking to the United States to purchase real estate at our current depressed prices, there is limited financing for foreign nationals, most are purchasing with all cash.  Long Beach prices have become very attractive to these buyers. You can start your search for Long Beach homes here.  VIP service is provided with the ability to set up custom searches with an automatic email alert system.

If you are interested in purchasing a Long Beach luxury oceanfront home or a high rise luxury waterfront condominium, this winter is the time to make that purchase. It would be our pleasure to assist you.

Long Beach California City and Relocation Resource Guide

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Long Beach California Luxury Home Market Update

Long Beach Real Estate Sales-Market Update: October 5, 2008

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Long Beach Real Estate Sales-Market Update: October 5, 2008

Through September 30 2008

The Long Beach real estate market closes sales for the month of September with the average purchase price down 16% from year end 2007.  The average sold price of residential real estate in Long Beach for year end 2007 was $543,770, end September finds the average sale price of residential at $454,208 with a small increase in the number of days on market; that is a decrease in average sale price of $89,562, which is substantial. The volume of Long Beach home and condo sales has dropped this month after steady growth throughout the year.

1/1/2008 thru 9/30/2008

• 1745 Residential Long Beach Properties sold; homes, condos, coops, lofts, OYOs
• 2008 Average Long Beach Residential Sale Price $454,208
• 2008 Average Residential Days on Market:  79
  

1/1/2007 thru 12/31/2007

• 2614 Residential Long Beach Properties sold; homes, condos, coops, lofts, OYOs
  
• 2007 Average Residential Sale Price $543,770
• 2007 Average Days on Market:  66

The government bailout, meant to stimulate the economy and real estate market, seems to have had an opposite effect across most of our nation. Prices are down to a very affordable level, interest rates have remained low, loans are still available and there is plenty of inventory to choose from.  100% financing and most government assisted down payment plans have dried up, stated loans are toast as well, the FHA is offering loans with 3.5% down payment at very reasonable interest rates (if you qualify), which is very reasonable – its really not a bad time to buy.  Ask the wealthy why they are out buying 2nd, 3rd and 4th homes; vacation homes are selling- they are a good investment right now.  They are buying because it is smart to buy low and sell high.

Today I spent time reading on one of my favorite national real estate social networks.  Fellow Atlanta Realtor, Jim Crawford asked the question “Has your market slowed to a crawl or died?” Realtors from across the nation have steadily been reporting in with the skinny from their real estate markets.  In a nutshell, the impending bailout, the actual bailout and the impending election seem to have buyers frozen in place for the last several weeks.  Fear seems to be ruling the day.

Waterfront and ocean close homes and condos in Long Beach are experiencing average sale price of about $635,000, 88 DOM, for 2008 thru end of September, with approximately 350 closed sales.  Compared to 2007’s average sale price of $665,155, 74 DOM, about 650 closed sales for the year. While these highly desirable Long Beach homes and condos are selling well above the average for our city, they are down, although prices are holding near the beach a lot better than they are further inland.

We try to keep our Long Beach neighborhood real estate market reports updated monthly or bi-monthly, as time will allow.  These are a great resource for buyers and sellers of Long Beach properties, and contain valuable statistics to better assist in your real estate decisions.  We know those decisions are important ones and want you to have the most current information at your fingertips.  If the information you require cannot be found here, please do not hesitate to ask.

• Downtown Long Beach Real Estate Sales-Market Update
• Alamitos Beach Homes Market Update-2008
• Alamitos Beach Condos Market Update-2008
• Bluff Park Historic District Neighborhood Market Report
• Belmont Heights Neighborhood Market Report
• Belmont Shore Real Estate Market Report-2008-Belmont Park-Naples Island-Marina Pacifica
• California
  Heights Historic District Homes 2008 Market Report
• More Long Beach Real Estate Market Reports>>>>>>>>>>.

Potential buyers are shopping and are looking for a great deal.  Today’s buyer wants to see a lot of properties before making a final decision.  Often the very deal they are seeking will come across early in their search.  Reluctant to write an offer until they assure themselves that they have acquired the very best deal available on the market, they are hesitating too often and losing that deal only to find there isn’t another on par with it available.  Many Long Beach buyers give up their home search disillusioned at what their dollar will actually purchase.

Personally I blame the media and the bubble bloggers.  Many buyers have an unrealistic idea of what their money will actually buy.  $300,000 will not buy a home that is worth $500,000, it never did.  What is available in the $300,000 range are mostly bank foreclosures and the homes mostly need work.  It is unrealistic to expect to find a completely remodeled, turnkey home available in that price range foreclosure or otherwise.  Does it happen?  Yes, rarely.  So 100 buyers sitting on the sidelines waiting for that 1 home to come available and when it does they don’t want to offer more than the asking price, they are usually working with a 3.5% FHA down payment and in sweeps an investor with all cash who closes the deal in 10 days.  Most of today’s buyers are unequipped financially to handle the upgrades and repairs necessary on foreclosed homes, which can be substantial; that is why the bank is selling them in AS IS condition.  Lets keep in mind that $300,00 for homes in Long Beach is really a great price when they are available.

Read Also:

• Long Beach Homes-Issues for 1st Time Home Buyers
  
• Buying Fixer Upper Homes in Long Beach

Long Beach Real Estate – Closed Sales

January – September – 2008

2008	Homes	Condos	Lofts*	Co-ops	OYOs	2-4 Units	5+ Units	TOTAL
JAN	72	40	2	1	0	9	6	130
FEB	94	32	2	1	1	17	6	153
MAR	107	48	2	1	0	17	4	179
1/4 ttl	273	120	6	3	1	43	16	462
APR	137	56	1	3	0	21	6	224
MAY	164	59	1	4	0	28	7	269
JUN	160	60	1	2	4	24	8	259
2/4 ttl	461	175	3	9	4	73	21	746
YTD Subttl	734	295	9	12	5	116	37	1208
JUL	183	67	1	0	1	31	8	291
AUG	181	74	0	1	4	26	3	289
SEPT	139	63	0	1	0	22	4	229
3/4 ttl	503	204	1	2	5	79	15	809
YTD Subttl	1237	499	10	14	10	195	52	2017
OCT
NOV
DEC
YTD TOTAL

* Lofts include Loft Live and Work spaces

For a little perspective, here is a comparison of the last 4 years for the same time period.

Long Beach Real Estate – Closed Sales

January – September – 2005 – 2008

YEAR	HOMES	CONDOS	LOFTS*	CO-OPS	OYOs	2-4 UNITS	5+ UNITS	TOTAL
2008	1237	499	10	14	10	195	52	2017
2007	1380	714	18	12	17	258	68	2467
2006	1795	924	15	15	56	464	84	3353
2005	2304	1184	9	19	120	664	239	4539

* Lofts include Loft Live and Work spaces

Disclaimer: Statistics are as represented in the SoCalMLS and are not the representations of the author.The numbers represented above are only as good as the information input into the SoCalMLS by the listing agents. If (in my opinion, may be the case) some listings of lofts, co-ops and OYOs were input as condos, then they are reflected as condo sales here. Often listing agents will represent these as condos in the MLS in order to stimulate traffic as many buyers agents will not look at the other categories. As crazy as this sounds it is true and sales have occurred as a result of utilizing this tactic. Therefore the information in these categories is very likely not a true representation of the actual sales, but the grand total of these and the condo category would correctly reflect the total of all – as represented by the SoCalMLS.

Contact Laurie to begin the search for Your Long Beach Home.

Long Beach Homes For Sale

• Long Beach Homes For Sale $300000 to $400000
• Long Beach Homes For Sale $400000 to $500000
• Long  Beach Homes For Sale $500000 to $700000
• Long Beach Homes For Sale $700000 to $900000
• Long Beach Homes For Sale $900000 to $1200000
• Long Beach Luxury Homes For Sale $1200000 to $2500000
• Luxury Homes For Sale in Long Beach California $2.5 Million and up

Long Beach Condos For Sale

• Long Beach Condos For Sale $1,500,000 and higher
• Long Beach Condos For Sale $1,000,000 to $1,500,000
• Long Beach Condos For Sale $900,000 to $1,000,000
• Long Beach Condos For Sale $800,000 to $900,000
• Long Beach Condos For Sale $700,000 to $800,000
• Long Beach Condos For Sale $600,000 to $700,000
• Long Beach Condos For Sale $500,000 to $600,000
• Long Beach Condos For Sale $400,000 to $500,000
• Long Beach Condos For Sale $300,000 to $400,000
• Long Beach Condos For Sale Under $300,000

Long Beach Income Properties For Sale

• Income Property For Sale in Long Beach California-5+ Units
• 2 to 4 Units For Sale in Long Beach California
• Triplexes For Sale in Long Beach California
• Duplexes For Sale in Long Beach California

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Long Beach Real Estate Sales-Market Update: October 5, 2008

Alamitos Beach Homes Market Update-2008-Long Beach Real Estate

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Alamitos Beach Homes – Market Update – 2008

January 1, 2008 – September 29, 2008

Alamitos Beach Home sales have picked up a little bit and prices have been holding steady in the neighborhood for the last several months.

Lenders have tightened up on lending standards, interest rates are lurking around 6.5%, buyers must be pre-qualified, and down payments are necessary. First time buyers
should be aware that FHA has had a 3% down payment loan program which is increasing to 3.5% on October 1, 2008.   It’s a smart buyer that has a lock in letter and a loan commitment from their lender to protect themselves.

There are some strong buyers on the market right now who are determined to purchase the most their money will buy.  Great buys are available on the real estate market at this time, well priced homes are receiving multiple offers, beach real estate is in demand and investors are out shopping.

This is a great time to be on the real estate market in Long Beach priced to sell; it’s a fantastic time to buy.

There are currently 9 Alamitos Beach Homes for Sale

Average Price: $1,273,111

Average Days on Market: 98

Alamitos Beach Homes Currently on the Market:

#	MLS#	Address	Bed	B t/f	Gar	SqFt	YBlt	List Price	DOM
1	P646109	1741 E Erie St	3	2/2	0	1,175	1918	$540,000	82
2	P656039	1605 E 3rd St	3	4/2	2	1,754	1998	$550,000	16
3	P648174	124 Orange Ave	3	3/2	0	1,296	1906	$471,000	65
4	P651869	1715  E 3rd St	2	1/1	1	1,186	1920	$529,000	45
5	P641986	284 Gaviota Ave	3	2/1	1	1,444	1921	$549,000	108
6	P642315	1312 E Broadway	3	2/1	2	1,388	1917	$699,000	105
7	R802327	103 N Hermosa Ave	4	3/2	2	3,100	1919	$1,125,000	112
8	P657779	1720 Bluff Pl	3	4/4	2	3,100	2008	$3,495,000	4
9	P606179	1724 Bluff Pl	4	4/4	2	3,200	2007	$3,500,000	346
Average			3		2	1,960		$1,273,111	98
Number of Properties: 9
Average( ListPrice / SqFt ) : ( 1273111 / 1960 ) = $ 649.55

0 homes in Alamitos Beach are in escrow accepting back-up offers.

3 homes in Alamitos Beach are currently pending in escrow.

Average Price: $$341,633 up a little from last months 311,600

Average Days on Market: 51 up considerably from last months 13

7 Alamitos Beach Homes have Sold (closed escrow) in 2008.

Average Price: $408,142 up a bit from last months $439,125

Average Days on Market:  60 down a bit from last months 75

8 Alamitos Beach homeowners cancelled their listings.

Average Price: $450,362 down a bit from last months $491,433

Average Days on Market: 108 about the same as last months 113

5 Alamitos Beach homes listings expired.

Average Price: $542,580 almost the same as last months $542,487

Average Days on Market: 203 up a bit from last months 189

2 Alamitos Beach Homes for sale have been leased.

• 4 bdrm 3 bath, 1,754 sq ft, $2,500
• 2 bdrm 1 bath, 1,192 sq ft, $2,000

Alamitos Beach Condos Market Report-2008-Long Beach Real Estate Sales

Relocating to Long Beach California-Resource Guide

Call to view Alamitos Beach Homes For Sale (562) 212-5420

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Alamitos Beach Homes Market Update-2008-Long Beach Real Estate

Alamitos Beach Condos Market Update-2008-Long Beach Real Estate Sales

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Alamitos Beach Condos Market Update

Ocean Boulevard Corridor Condo Sales

2008 Long Beach Real Estate Sales

January 1, 2008 – September 29, 2008

Active

There are currently 57 Ocean Blvd Corridor Condos For Sale in Alamitos Beach, many with fantastic waterfront views, some with city lights views.

• 22 condos are priced under $500,000
• 23 condos are priced between $500,000 and $1,000,000
• 11 condos are priced at between $1,000,000 and $2,000,000
• 1 condo is priced at $2,399,0000
  

• Average Price: $732,822 down from 9/29/2008’s $788,490
• Average Days on Market: remains at 100 days since our last update on 9/29/08

Pending

9 Alamitos Beach Condos on Ocean Blvd. are pending in escrow.

• 2 One Bedrooms Condos: 1 @ $229,000, 626 sq ft; 1 @ $357,000, 732 sq ft
• 3 Two Bedrooms Condos: 1 @ $299,900, 1,104 sq ft; 1@ $549,000; 1 @ $979,000, 1,550 sq ft
• 4 Three Bedroom Condos: 1 @ $549,900, 1,542 sq ft; 1 @ $629,900, 1,282 sq ft; 1 @ $799,000, 1,330 sq ft; 1 @ $1,649,000, 1800 sq ft

• Average Price: $671,300 well up from last months $382,225
• Average Days on Market:79 which is well down from last months 153

Back Up Offers

3 Alamitos Beach Condos on Ocean Blvd.
are in escrow accepting back up offers:

• 1 bedroom, 1 bath,706 square feet; $230,000
• 1 bedroom, 1 bath, 700 square feet; $245,000
• 1 bedroom, 1 bath, 814 square feet; $499,999

• Average Price: $324,999 well down from last months $797,999
• Average Days on Market: 100 well up from last months 62

Closed Sales:

40 Alamitos Beach Condos on Ocean Blvd. have closed escrow this year (2008) to date:

• 25 Under $500,000
• 13 Between $500,000 and $1,000,000
• 2 over $1,000,000

• Average Price: $535,878 which is about the same as last months average $532,077
• Average Days on Market: 77 up slightly from last months 69

Cancelled

40 – Alamitos Beach Condos listed for sale on the Ocean Blvd. corridor were taken off of the market. Average Days on Market: 144

Expired

51 – Alamitos Beach Condos on the Ocean Blvd. corridor, listed for sale, expired in 2008, Average Days on Market: 159

Hold

4 Alamitos Beach Condo Owners have placed the sale of their homes on hold.

Leased

5 Alamitos Beach Condos have been leased.

• 1 bedroom, 880 sq ft, $2,500
• 2 bedroom, 1,542 sq ft, $2,800
  
• 2 bedroom,1,368, $2,750
  
• 2 bedroom, 2,245, $4,900
  
• 3 bedroom, 1,400, $3,500

• Long Beach CA Ocean Blvd Condos For Sale

• Alamitos Beach Luxury High Rise Condos Market Report-Ocean Boulevard Corridor-90802-January-December 2007
  

Long Beach Relocation Resource Guide

• Relocating to Long Beach California-Resource Guide

Alamitos Beach and Downtown Long Beach Condos and High Rise Condos For Sale

• Alamitos Beach Condos For Sale $400000 to $500000
• Alamitos Beach Condos For Sale $500000 to $600000
• Alamitos Beach Condos For Sale $600000 to $800000
• Alamitos Beach Condos For Sale $800000 to $1000000
• Alamitos Beach Condos For Sale $1000000 and more
• Alamitos Beach-Downtown Long Beach-Ocean Blvd Condos For Sale-Long Beach Real Estate For Sale
• Downtown Long Beach-Alamitos Beach-Ocean Blvd Condos For Sale
• Emerald Villas Condos-555 Maine Ave-Downtown Long Beach Condos For Sale
• Sunset Pointe Condominiums-640 W 4th St-Downtown Long Beach Condos For Sale
• Golden Gate Square Condos-730 W 4th St-Downtown Long Beach Condos For Sale
• Ocean Gate Square Condos-720 W 4th St-Downtown Long Beach Condos For Sale

Alamitos Beach and Downtown Long Beach Homes For Sale

• Alamitos Beach and Downtown Long Beach Homes For Sale $500000 and up
• Alamitos Beach and Downtown Long Beach Homes For Sale $300000 to $500000
• Alamitos Beach and Downtown Long Beach Homes For Sale Under $300,000

Prefer Luxury Waterfront Long Beach Homes with room for a boat?

Try Spinnaker Bay.

Or perhaps the Belmont Shore and Naples areas:

• Belmont Shore and Naples Condos For Sale
• Belmont Shore Naples Homes For Sale in Long Beach CA $2000000 and up
• Belmont Shore CA Homes for sale under $1000000
• Belmont Shore-Naples Homes For Sale in Long Beach California $1000000 to $2000000
• Marina Pacifica Condos for Sale Long Beach CA
• Bay Harbour Homes For Sale Long Beach California

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Alamitos Beach Condos Market Update-2008-Long Beach Real Estate Sales

Long Beach Condos For Sale: September 28, 2008

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Long Beach Condos For Sale: 
September 28, 2008

 

 

What’s available?  

 

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

 

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

 

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:

• Home Buyer
  Information
• Long
  Beach Home Search-Where do I start?
• Home
  Buyer Tips – Don’t Make Any Major Purchases 
• Home
  Buyers Tips – Changing Jobs Affects Your Ability to Purchase a
  Home 
• Long
  Beach Home Buyer Tips – Things to Avoid Before Purchasing a
  Home

 

 

Long Beach Condos For Sale

 

• Long
  Beach Condos For Sale $1,500,000 and higher
• Long
  Beach Condos For Sale $1,000,000 to $1,500,000
• Long
  Beach Condos For Sale $900,000 to $1,000,000
• Long
  Beach Condos For Sale $800,000 to $900,000
• Long
  Beach Condos For Sale $700,000 to $800,000
• Long
  Beach Condos For Sale $600,000 to $700,000
• Long
  Beach Condos For Sale $500,000 to $600,000
• Long
  Beach Condos For Sale $400,000 to $500,000
• Long
  Beach Condos For Sale $300,000 to $400,000
• Long
  Beach Condos For Sale Under $300,000

 

 

Naples Island and Belmont
Shore Luxury Condos For Sale

• Belmont
  Shore and Naples Condos For Sale
• Marina
  Pacifica Condos for Sale Long Beach CA
• Bay
  Harbour Homes For Sale Long Beach California

 

 

Belmont Heights Condos For Sale

• Belmont
  Heights Condos For Sale $300000 to $400000
• Belmont
  Heights Condos For Sale $400000 to $500000
• Belmont
  Heights Condos For Sale $500000 to $600000
• Belmont
  Heights Condos For Sale $600000 to $800000

 

Related Posts:

• Belmont
  Heights Neighborhood of Long Beach California Resource Guide
• Belmont Heights Neighborhood Market Report
• Long Beach – Best Neighborhood for Walking
• Space Saving Ideas for your Long Beach Homes
• Selling YOUR Long Beach California Homes and Condos
• Long Beach California Beach Communities – Area Information
• About Long
  Beach California
• Relocating to Long Beach California-Resource Guide

 

 

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Long Beach Condos For Sale: September 28, 2008