Long Beach Real Estate News

Nov 27

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it's not surprising to learn that the most expensive homes sold every year tend to be located on Naples Island in Long Beach.  This has been true this year for the calendar year of 2018 where 2 homes sold over the $5 million dollar price point on Naples Island.  The large majority of homes that sell for top dollar on Naples Island are those that are located facing the water front that often have their own private boat docks.  The Island is surrounded by waters of the Alamitos Bay that leads out to the Pacific Oeaan with large bay front properties that average around 5,000 square feet of living space.

The most expensive home sold in 2018 was located at 19 N Sea Isle Drive that sold for $7.2 million and closed escrow earlier this month on 11/16/2018.

Oct 25

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Located at 2105 E Ocean Blvd in Long Beach, California is an ocean view condo complex called "Beach Park."   Located near the downtown area of Long Beach in the Bluff Park neighborhood is a three story condo building that is located directly across the street on the famous "Ocean Blvd" in Long Beach.  It's hard to get a much nicer location with a fabulous view for condos that typically sell in the $300,000 to $600,000 range.  The complex gets it's name since it's located adjacent to the large Bixby Dog Park which is a large parcel of vacant land that overlooks the ocean and stretches all the way down to the sandy beach.  All of the condos that are located here are either one or two bedroom units that average between 620 to 1,459 square feet.  The best

Sep 24

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One of the unique features of the studio floor plan at the Marina Pacifica Long Beach complex is having an optional den counted in the square footage of the condo.  These are very popular due to having the versatility of being used as an office or a living quarter without being considered a full bedroom.  These listings don't come on the market very often but tend to be a very popular feature when they do come up for sale.  There are two ways to identify these types of properties at Marina Pacifica.  First, many of the detailed descriptions of the condo will mention the bonus den area in the real estate listing which is the easiest way to identify these properties.  Second, look at the square footage of the condos.  The smaller studio listings without a

Aug 14

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One of the unique properties located in Long Beach, California are the New York style lofts located at the historic Insurance Exchange building.  The location is situated in the Downtown Long Beach area at the cross streets of E Broadway and the Promenade.  This is a prime spot that is the center of great restaurants, clubs and shopping.  The historic building dates back to 1925 when it was first built.  What make these New York style lofts unique is the exposed concrete surfaces and wood beamed ceilings that give an open slate for custom upgrades like hardwood flooring and gourmet kitchens with stainless steel appliances.

The Insurance Exchange building located at 207 E Broadway is an 8 story building that offers affordable real estate prices for both

Jul 26

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One of the best places to find one and two bedroom condos in the $300,000 to $450,000 range is "The Palms" condo complex in Long Beach, California.  Dating back to 1990 when this small neighborhood of approximately 125 condos that are all located within a secure gated community just outside the "Circle Area" in the eastern section of Long Beach.  The builder built a variety of one and two bedroom floor plans that are often centered around the community pool and spa are.  It's FHA approved for buyers looking to put down just 3% as a down payment and carry the rest as a loan but is currently not approved for VA home buyers.

The Palms is a pet friendly complex as well and allows a pet up to 35 pounds which covers most small and medium size dogs.  The

Jun 21

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Rose Park historic homes in Long Beach, California are rich in history and date back to the early 1900's.  In fact, the earliest home that we have seen come on the market in the Rose Park area was built in 1900 and located at 621 Molino Avenue in Long Beach.  The location of the community is ideally situated just minutes to the beach and near other historic districts like Bluff Heights, Carrol Park, Belmont Heights, Belmont Shore and Bluff Park.  Many love the homes located here that tend to be single level and average between 1,500 to 2,000 square feet of living space.  On any given year there is roughly 30 to 40 homes that come on the market here that are often priced in the mid $600,000 to $700,000 range for a detached single family home.

Some of

May 9

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The Chestnut Villas condo complex is located at 645 Chestnut Ave in the city of Long Beach, California.  This is a very popular complex located just outside the downtown area and south of 7th street.  The building is approximately 31 years old with an original build date of 1986.  Condos located within Chestnut Villas will either be one or two bedrooms with various size floor plans.  Over the last 5 years these condos have risen in value from the mid $150,000 range in 2013 to the high $275,000 to $367,500 price range.  

Condos often come with one dedicated underground parking space with generous size room with large closets and additional  storage spaces.  Select condos will come with a living room fireplace and inside laundry facilities.  The location

Apr 16

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One of the upscale condo buildings in the Belmont Heights area of Long Beach is the Colorado Regency building. Located at 5190 E Colorado Street in Long Beach is a two story complex with one and two bedrooms condos that were first built in 1984.  Many of the condos have a nice view of the Marina Park and Lagoon with a location that is just outside the Belmont Shore area with a short distance to the beach.  The one bedroom condos are often under 1,000 square feet but still offer an open floor plan that often comes with central air-conditioning and heating.  Many of the units also come with washer/dryer hook ups for a stackable unit.  

Real Estate prices currently start at $465,000 for a one bedroom condo with 780 square feet.  Recent sales in the

Mar 13

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Located just east of the Belmont Shore & Belmont Heights area is a very popular complex known as Sovereign Park Estates.  This is a great place to find one and two bedroom condos with low homeowners association dues.  There are multiple two story buildings in this complex that consist of ground level and second level units.  The complex first developed in the mid 1960's and is filled with mature trees and landscaping with grassy greenbelts area that many of the condos overlook.  

The homeowners association fee is $327.00 a month and includes trash pickup, water and basic Cable TV.  It also includes the use of five community pools, billiard room and fitness center.  Real Estate prices currently range from $292,000 to $350,000 for a one and two bedroom

Feb 13

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The city of Long Beach, California is rich in history with many condo buildings dating back to the early 1900's.  There are several reasons why many home buyers are attracted to the historic properties.  First, the buildings offer a lot of charm and character that you won't find in today's newly constructed hi-rise buildings.  Second, the location of these condos tends to be very good with many beach front and ocean view locations.  Finally, these older structures can offer significant tax savings if covered under the Mills Act, a federal program installed to help maintain historic properties by reducing the tax rate for homeowners.  Here is a brief look at some of the best historic condos buildings in Long Beach.

Probably the most iconic building is