Long Beach general thread

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OMG, my old condo is for sale ! Can someone keep track of this one for me ? When was it listed and have there been any price changes ? I know the realtor, but don't want to call and ask.



<a href="http://www.realtor.com/search/listingdetail.aspx?mlslid=R807866&ml=3&typ=7&sid=4358c54aeac54314a35c50bb6b114910&lid=1102434556&lsn=1&srcnt=1#Detail">850 E. Ocean Blvd., Long Beach</a>



Tiny little thing, but I was oceanfront ! I see the condo fees have gone up $200 in the past 3 years. I sold in 2/05 for $515 (my asking was $550 back then) New MLS R807866



This is my little kitchen remodel !



<img src="http://p.rdcpix.com/v01/lfcd0b541-m0l.jpg" alt="" />
 
Oh my gosh. Just by looking at the pics, I can tell that no one has lived in the unit since I sold it. Wow. Thanks for the link morekaos!
 
You think this place has been empty for three years? What up with that? Also 20 pictures and only three picture of the condo itself? Is this place that small Troop? Only three angles and you're out in the hallway?
 
Yes, it's that small. It has a huge kick ass bathroom and walk in closet, not sure why she didn't photo them.



No way more than one person would be comfortable in this unit. It was tight even for me and my stuff.



I'm guessing some investor bought it.



You know, looking again at the living room pic, that's my fake plant out on the balcony. These pics must be from when I sold it, so perhaps some one has lived in it since. That's the carpet I had put in just prior to list and it has no furniture indentations on it.
 
West Ocean Two Auction 8/24



I attending the auction last week with great interest. I currently enjoy renting a High Floor( 20th+ floor) in a 01 Unit with Incredible 180 degree views of the Pacific, Downtown Long Beach to LA at West Ocean One. I estimate I am saving around 3k-4k Per month renting over purchasing . I would like to purchase a unit there if the pricing was closer to rental parity-but that may take a few years!

.

Although some of the start prices were tempting at the auction- I did not bid because I feel the prices will end ultimately going lower and not go back up for a while. I was actually SUPRISED with some of the auction results-almost shocked! Mostly how the East ( Ocean/City ) Views which are so much better then the West views in many cases barely carried a premium over the west views.



Example- unit 1502 closed for 533k with great Ocean/City views (1,040 sq ft) and 1505 same floor plan on opposite site with views of mostly Crane/bridge views closed at 505k... My opinion is that the east views(like the 1502 unit) should be worth 200k or more better then the west view.. but what I do I know- I would rather view the Pacific Ocean and downtown Long Beach over loading zone for LB Harbor..... In general I though the Better East views would sell for a lot more and the West not as good views would sell for a lot less... I was WRONG ON BOTH ACCOUNTS !!



Here is the pricing that I recorded at the Auction... Do you think anyone got any good deals?? For info on size of the units and floor plans go to www.auctionlongbeach.com or www.westoceanlb.com..

Note- HOA Fees are around $700-$900 a month depending on unit size



104 SW View 1,397 sq ft. - 533K 105 NW 1,654 - 675K

501 NE 893 334K, 503 SE 1,397 522K, 505 W 1,040 383K, 506 NW 893 313K

601 NE 893 344K 602 E 1,040 394K 606 NW 893 325K

804 SW 1,397 570K

802 E 1,040 461K 803 SE 1,397 591K 805 W 1,040 443K 806 NW 893 368K

1103 SE 1,397 691K

1203 SE 1,397 698K

1401 NE 893 415K 1402 E 1,040 546K 1404 SW 1,397 709K

1501 NE 893 437K 1502 E 1,040 533K 1503 SE 1,397 750K 1504 SW 1,397 712K 1505 W 1040 505K

1506 NW 893 505K

1701 NE 1,323 692K 1702 SE 1,651 955K

1801 NE 1,323 665K 1803 SW 1,651 815K

2102 SE 1,651 995K 2103 SW 1,651 889K
 
[quote author="Savinglots$$$Renting" date=1220334355] Note- HOA Fees are around $700-$900 a month depending on unit size </blockquote>


I understand HOA fines come with the condo-buying territory (just like lawnmowers with detached houses), but $700 to $900 a month is nuttier than squirrel sh*t.



We are talking about adding another <strong>$252,000 to $324,000 </strong>to the life of the loan. None of which you can write off! I suppose there <em>is </em>a "Graciously impressive lobby," but I still don't get it.



Thanks for the great information, Savinglots$$$Renting.
 
New email today from One West Ocean.....closeout sale ! ;)



One West Ocean

THE ONE WEST OCEAN CLOSEOUT SALE!



<u>UNIT SQ. FT. PREVIOUS PRICE SALE PRICE</u>



205 1414 $686,700 $462,000



206 1414 $687,655 $463,000



303 1426 $711,475 $526,000



505 1414 $712,470 $487,000



506 1414 $721,361 $496,000



703 1426 $782,330 $597,000



1504 1636 $859,640 $676,000



1603 1735 $1,034,618 $845,000



2103 1735 $1,142,000 $890,000



2004 1636 $976,000 $735,000



2104 1636 $1,048,000 $755,000



2404 1636 $1,094,925 $807,000





Please allow this email to serve as pre-public notice to those of you on our One West Ocean Interest List that this remarkable Closeout Sale is now beginning. It will remain in place through sellout. It's an historic acquisition opportunity, but one that is clearly limited, both in numbers and time.



You are advised to call or see us immediately to further explore and take advantage of this remarkable (and final) sales event at One West Ocean in downtown Long Beach.





One West Ocean Sales

(562) 436-2326

westocean@intracorpcompanies.com

www.IntracorpCompanies.com





One West Ocean Sales Gallery

400 West Ocean Blvd.

Long Beach, CA 90802
 
Morekaos, What do yo think will ever happen to that huge parking lot behind International Towers? When I bought in the Pacific, I was assured there were no plans to ever build there, but it sure seems like some prime real estate that the city owns.



If they ever did build there, most of Aqua would lose it's ocean view.
 
I doubt the city is eager to approve any new projects. Heck, they can't even get their act together with the project on Second and PCH and that has been up for review a million times with three different developers.
 
What exactly goes through a Realtards mind when they look at the credit market the way it is, medians dropping and they are stuck with this POS bank owned shack without a bite for over 218 days and suddenly they have this John Travolta "Phenomenon" epiphany that raising the price might actually work....WTF



Listing Price History

Date Price

Feb 27, 2008 $724,900

Mar 11, 2008 $699,000

Mar 20, 2008 $649,000

Jul 08, 2008 $624,000

Jul 15, 2008 $595,000

Sep 23, 2008 $625,000



http://www.redfin.com/CA/Long-Beach/243-La-Verne-Ave-90803/home/7597250
 
I bet the homedebtor didn't want to bring anything to the closing. Their purchase in 2004 was $615k, so say they've been responsible (HAH) and paid it down to $595k, then add $35k realtron fee, that makes $620.



Or they HELOC'd up the place, and the bank rejected the SS price, who knows?
 
[quote author="morekaos" date=1222997608]What exactly goes through a Realtards mind when they look at the credit market the way it is, medians dropping and they are stuck with this POS bank owned shack without a bite for over 218 days and suddenly they have this John Travolta "Phenomenon" epiphany that raising the price might actually work....WTF



Listing Price History

Date Price

Feb 27, 2008 $724,900

Mar 11, 2008 $699,000

Mar 20, 2008 $649,000

Jul 08, 2008 $624,000

Jul 15, 2008 $595,000

Sep 23, 2008 $625,000



http://www.redfin.com/CA/Long-Beach/243-La-Verne-Ave-90803/home/7597250</blockquote>
I wouldn't pay a dollar over $200k for that little shack.
 
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