Long Beach general thread

NEW -> Contingent Buyer Assistance Program
[quote author="morekaos" date=1229352359]Had to put this one up for comedic relief. Not only did this clown buy near or on the peak in March 2006, Bozo paid $720.00 a square foot. Yeowza!!! Now he thinks he can actually unload this 84 year old relic for a mind numbing $785.00 a square foot. That is assuming his gem appreciated 9% during the worst 2 years in real estate history. It boggles the mind!!



<a href="http://www.redfin.com/CA/Long-Beach/69-Roycroft-Ave-90803/home/7602160">69 Roycroft Ave </a></blockquote>
Well, he may think he might get there when he saw that there was an even greater bozo paid over $1,000 to live in Long Beach this year. haha



http://www.redfin.com/CA/Long-Beach/224-La-Verne-Ave-90803/home/7597179
 
RE in the LBC Hilariously posted this one in October



<a href="http://longbeachhousingblog.blogspot.com/2008/10/bettys-bunker.html">Bettys Bunker</a>



But check out this price drop, $385,000 or 32% in just 2 1/2 months...that's drastic. Someones heir wants out, like today.



Dec 22, 2008 Price Changed $650,000 -- SoCalMLS #P659214

Nov 19, 2008 Price Changed $739,000 -- SoCalMLS #P659214

Oct 05, 2008 Listed $1,035,000 -- SoCalMLS #P659214



<a href="http://www.redfin.com/CA/Long-Beach/356-Ultimo-Ave-90814/home/7595002">Bettys bunker got cheaper</a>
 
And check out this monster, 3255 Square feet at $245 a square foot. This is getting my interest. This poor sap paid $1,200,000 smackers just 2 short years ago and now can't unload the albetross for $795,000? This is real pain in real time.



<a href="http://www.redfin.com/CA/Long-Beach/387-Orlena-Ave-90814/home/7594790">Orlena</a>
 
[quote author="morekaos" date=1230716848]And check out this monster, 3255 Square feet at $245 a square foot. This is getting my interest. This poor sap paid $1,200,000 smackers just 2 short years ago and now can't unload the albetross for $795,000? This is real pain in real time.



<a href="http://www.redfin.com/CA/Long-Beach/387-Orlena-Ave-90814/home/7594790">Orlena</a></blockquote>


Nice neighborhood. Have prices really gone down that much near the lagoon? Orlena sold on 5/26/06 for $1,250,000 and now listed for $795,500? That is a drop of 36% in 17 months. And that is if they get there asking price.

OUCH!
 
<blockquote>Probate Sale. Huge Price Reduction. What a steal. Spacious home in the desireable Alimitos Heights neighborhood. Priced accordingly to reflect condition. Property needs upgrading. Property has large basement. </blockquote>


What a boring description. The voice in my head when I read it is that of Steven Wright.
 
[quote author="awgee" date=1230717700][quote author="morekaos" date=1230716848]And check out this monster, 3255 Square feet at $245 a square foot. This is getting my interest. This poor sap paid $1,200,000 smackers just 2 short years ago and now can't unload the albetross for $795,000? This is real pain in real time.



<a href="http://www.redfin.com/CA/Long-Beach/387-Orlena-Ave-90814/home/7594790">Orlena</a></blockquote>


Nice neighborhood. Have prices really gone down that much near the lagoon? Orlena sold on 5/26/06 for $1,250,000 and now listed for $795,500? That is a drop of 36% in 17 months. And that is if they get there asking price.

OUCH!</blockquote>


No one seems to be rushing in to pay that new ask so it probably will go lower
 
[quote author="Daedalus" date=1230718147]<blockquote>Probate Sale. Huge Price Reduction. What a steal. Spacious home in the desireable Alimitos Heights neighborhood. Priced accordingly to reflect condition. Property needs upgrading. Property has large basement. </blockquote>


What a boring description. The voice in my head when I read it is that of Steven Wright.</blockquote>


LOL!
 
[quote author="morekaos" date=1230781186][quote author="awgee" date=1230717700][quote author="morekaos" date=1230716848]And check out this monster, 3255 Square feet at $245 a square foot. This is getting my interest. This poor sap paid $1,200,000 smackers just 2 short years ago and now can't unload the albetross for $795,000? This is real pain in real time.



<a href="http://www.redfin.com/CA/Long-Beach/387-Orlena-Ave-90814/home/7594790">Orlena</a></blockquote>


Nice neighborhood. Have prices really gone down that much near the lagoon? Orlena sold on 5/26/06 for $1,250,000 and now listed for $795,500? That is a drop of 36% in 17 months. And that is if they get there asking price.

OUCH!</blockquote>


No one seems to be rushing in to pay that new ask so it probably will go lower</blockquote>


Beautiful house, incredible neighborhood, killer proximity to the lagoon, but obviously something is wrong with it if it's still not selling at this price. Here's a hint: 310 days on market and zero photos of the interior. I'm not saying it's gutted or anything, but we must be missing <em>something</em>.
 
OK, I drove by there and peaked in a few windows. It definitely needs a coat of paint and it sure is built to the property lines on the sides but other than that I didn't see much wrong with it. I still think someone is living in there so I didn't want to get accused of being some perv but all in all that place is probably a bargain at that ask.
 
Whoa, here is another big hit property IN the Shore. Yikes, a half mil loss and a drop of 39% in three years. Is this the beginning of the end?



<a href="http://www.redfin.com/CA/Long-Beach/166-Corona-Ave-90803/home/7595867">Corona</a>



<span style="color: red;"><strong>Jan 05, 2009 Price Changed $797,000 </strong></span>-- SoCalMLS #Y804637

Jan 05, 2009 Relisted -- -- SoCalMLS #Y804637

Jan 02, 2009 Off Redfin -- -- SoCalMLS #Y804637

Oct 21, 2008 Price Changed $850,000 -- SoCalMLS #Y804637

Oct 02, 2008 Price Changed $980,000 -- SoCalMLS #Y804637

Sep 10, 2008 Price Changed $800,000 -- SoCalMLS #Y804637

Jul 11, 2008 Price Changed $980,000 -- SoCalMLS #Y804637

Jul 02, 2008 Listed $890,000 -- SoCalMLS #Y804637

<strong>Nov 22, 2005 Sold $1,299,000 34.3%/yr </strong>Public Records
 
[quote author="awgee" date=1231303810]Morekaos - Did the half built place next to Naples Elementary School on The Toledo ever sell?</blockquote>


Nope



<a href="http://www.redfin.com/CA/Long-Beach/5571-E-The-Toledo-90803/home/7593546">***BANKRUPTCY COURT SALE*** GREAT BUY!!! - FABULOUS OPPORTUNITY TO OWN IN NAPLES ISLAND AREA. A MUST SEE!!! 95%+ OF CONSTRUCTION FINISHED</a>
 
I think we must be in freefall now. Look at this Bay Harbor homes 44% drop for a $524,000.00 loss on its 2005 price at $1,199,000.00 sale. These drops are breathtaking. Not even I thought the end would be so violent and painfull.



<a href="http://www.redfin.com/CA/Long-Beach/6140-AVALON-Ct-90803/home/7591880?utm_source=myredfin&utm_medium=email&utm_campaign=listings_update&utm_nooverride=1">6140 AVALON Ct </a>
 
[quote author="morekaos" date=1231369256]I think we must be in freefall now. Look at this Bay Harbor homes 44% drop for a $524,000.00 loss on its 2005 price at $1,199,000.00 sale. These drops are breathtaking. Not even I thought the end would be so violent and painfull.



<a href="http://www.redfin.com/CA/Long-Beach/6140-AVALON-Ct-90803/home/7591880?utm_source=myredfin&utm_medium=email&utm_campaign=listings_update&utm_nooverride=1">6140 AVALON Ct </a></blockquote>


Did you check out the spellings in that description?

GRUARD GATED

HAEDWOOD FLORRING

W/GREEBELT

UPPER LAVEL MASTER SIUTE W/ FIRE PLACE

EXELLENT FAMILY

and I can not even start on the comma placement.

If you were the seller, do you just fire the listing agent? How can you point out the agent's lack of basic education and carelessness without totally embarassing yourself? At the very least there is spell check or a dictionary. Why doesn't the NAR do something about the lack of professionalism in their industry?

The NAR should be an embarassment to the very few professional realtors.
 
[quote author="spellchecked_word">awgee</SPAN>" date=1231371912][quote author="spellchecked_word">morekaos</SPAN>" date=1231369256]I think we must be in spellchecked_word">freefall</SPAN> now. Look at this Bay Harbor homes 44% drop for a $524,000.00 loss on its 2005 price at $1,199,000.00 sale. These drops are breathtaking. Not even I thought the end would be so violent and spellchecked_word">painfull</SPAN>.



[spellchecked_word">url</SPAN>=spellchecked_word">http</SPAN>://spellchecked_word">www</SPAN>.spellchecked_word">redfin</SPAN>.com/CA/Long-Beach/6140-AVALON-Ct-90803/home/7591880?spellchecked_word">utm_source</SPAN>=myspellchecked_word">redfin</SPAN>&spellchecked;_word">utm_medium</SPAN>=email&spellchecked;_word">utm_campaign</SPAN>=spellchecked_word>listings_update</SPAN>&spellchecked;_word>utm_nooverride</SPAN>=1]6140 AVALON Ct [/spellchecked_word">url</SPAN>]</blockquote>


Did you check out the spellings in that description?

spellchecked_word">GRUARD</SPAN> GATED

spellchecked_word">HAEDWOOD</SPAN> spellchecked_word">FLORRING</SPAN>

W/spellchecked_word">GREEBELT</SPAN>

UPPER spellchecked_word">LAVEL</SPAN> MASTER spellchecked_word">SIUTE</SPAN> W/ FIRE PLACE

spellchecked_word">EXELLENT</SPAN> FAMILY

and I can not even start on the comma placement.

If you were the seller, do you just fire the listing agent? How can you point out the agent's lack of basic education and carelessness without totally spellchecked_word">embarassing</SPAN> yourself? At the very least there is spell check or a dictionary. Why doesn't the spellchecked_word">NAR</SPAN> do something about the lack of professionalism in their industry?

The spellchecked_word">NAR</SPAN> should be an spellchecked_word">embarassment</SPAN> to the very few professional spellchecked_word">realtors</SPAN>.</blockquote>


Maybe his spell check is not set for capital letters...what a dope. Total coincidence that a good friend of mine is the one who sold this home in 2005.
 
Look at the price history for <a href="http://www.redfin.com/CA/LONG-BEACH/3301-SANTA-FE-Ave-90810/unit-123/home/7628246">301 SANTA FE Ave #123 LONG BEACH, CA 90810 </a>

<strong>

Jan 06, 2009 Listed $65,500 -- TheMLS #09-337973</strong>

Aug 19, 2008 Sold $134,000 -9.8%/yr Public Records

Jul 01, 2005 Sold $185,000 40.1%/yr Public Records

Mar 18, 2002 Sold $61,000 >1,000%/yr Public Records

Jan 15, 2002 Sold $33,500 -13.0%/yr Public Records

Jul 09, 2001 Sold $36,015 1.7%/yr Public Records

Jan 22, 1998 Sold $34,000 >1,000%/yr Public Records

Oct 08, 1997 Sold $14,500 -87.2%/yr Public Records

Mar 11, 1997 Sold $47,429 1.6%/yr Public Records

Feb 17, 1993 Sold $44,500 -2.7%/yr Public Records

Nov 03, 1988 Sold $50,000 -- Public Records
 
[quote author="ABC123" date=1231404696]Look at the price history for <a href="http://www.redfin.com/CA/LONG-BEACH/3301-SANTA-FE-Ave-90810/unit-123/home/7628246">301 SANTA FE Ave #123 LONG BEACH, CA 90810 </a>

<strong>

Jan 06, 2009 Listed $65,500 -- TheMLS #09-337973</strong>

Aug 19, 2008 Sold $134,000 -9.8%/yr Public Records

Jul 01, 2005 Sold $185,000 40.1%/yr Public Records

Mar 18, 2002 Sold $61,000 >1,000%/yr Public Records

Jan 15, 2002 Sold $33,500 -13.0%/yr Public Records

Jul 09, 2001 Sold $36,015 1.7%/yr Public Records

Jan 22, 1998 Sold $34,000 >1,000%/yr Public Records

Oct 08, 1997 Sold $14,500 -87.2%/yr Public Records

Mar 11, 1997 Sold $47,429 1.6%/yr Public Records

Feb 17, 1993 Sold $44,500 -2.7%/yr Public Records

Nov 03, 1988 Sold $50,000 -- Public Records</blockquote>


I wouldn't want to live there if you gave it to me.
 
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