It’s a complicated and complex set of factors, some of which deter homebuyers, some of which put the brakes on crazy bidding wars, some of which can drive down asking prices.
In Long Beach, things are still going pretty well for vendors, especially in what I can only jokingly call the nice, but “affordable” areas that pretty much define the east end of town, or what the people of the local reality – the real estate business call, in haughty London, the East End.
According to various real estate sites, the average price of homes in Eastern neighborhoods is now over $1 million per unit. El Dorado Park Estates tops the list with $1.3 million, followed by Los Altos at $1.3 million, Ranchos Estates at $1.07 million, and The Plaza at $1.02 million.
Homes in El Dorado are larger, but in other neighborhoods the vast majority of homes are three-bedroom, two-bathroom models, invariably under 2,000 square feet and nearly all are over a half -century now.
But these are average numbers, and for “bargain hunters” (and I come back here saying that $850,000 homes are bargains), there are still plenty of homes in those million dollar neighborhoods. dollars for less than seven figures. Here are five, ranging from $800,000 to $968,000. If things don’t cool off too quickly, most will probably hit $1 million soon. Profit! All are three-bedroom, two-bathroom homes, unless otherwise noted.
2430 Marble Ave.
This 1,322 square foot home in North Los Altos is steps from the 405 freeway, if that’s a selling point (I lived near the 405 for a while, and it didn’t). is not a selling point, although ultimately the thud of rushing cars can be seen as a rushing river, which can have a calming and soporific effect). The home, just one block east of Bellflower Boulevard, has beautiful original hardwood floors and a bright kitchen with plenty of storage space. You might want to spruce up the bathrooms a bit. An interesting feature is a bonus room in the back attached to the detached garage. It’s not exactly extra bedroom material, but it’s a lovely space for an office, studio, or just to get away from the hustle and bustle of the house. It is listed by Thomas Applegate at $815,000.
3630 Hackett Ave.
Here is a corner lot on Hackett Avenue at Keynote Street. My grandfather once told me never to buy a corner lot, advice I took to heart as old-time wisdom and never questioned. You might like it though in this Plaza neighborhood near the confluence of Palo Verde Avenue and Los Coyotes Diagonal, and a short walk from Baskin-Robbins. The 1,395 square foot home has great curb appeal and the interior is light and open with beautiful hardwood floors and upgraded bathrooms and kitchen. The backyard is particularly pleasant and shaded with a pretty brick patio. It is listed at $900,000 by Mike Gaines.
2308 Tevis Ave.
Three bedrooms and a single bathroom in 1,360 square feet make this bathroom shy of the others in this article. And, like the Marber Avenue house, it’s so close to the 405. And, like the Hackett house, it’s on a corner lot with Woodruff Avenue. And, at $968,000, it’s the most expensive on today’s list. Why? Well, it’s quite pretty inside, with rooms painted in neutral tones and a gleaming, wide-open kitchen that opens entirely into the living room. The bathroom has been completely redone with a walk-in shower, and it has a nice curb appeal. The grassy backyard is great if you’re a dog, but it’s not currently landscaped for entertaining. Its listing agent is Marcus Young.
3315 Studebaker Road
What’s wrong with the red doors? There are many explanations, ranging from the idea that this is a mortgage free home sign to a symbol of welcoming travelers telling them that this is a home where they can stay a night or two. In addition, it is said to bring good luck to the inhabitants of the house. This Plaza home just south of Wardlow Road actually looks inviting and once you’re invited inside you’ll find a large living room with a used brick fireplace and a large family room. The kitchen has plenty of counter space and stainless steel appliances. Listed by Sharon Amarantos at $950,000, the 1,368-square-foot home has a beautiful backyard that includes an avocado tree as well as an orchard with lemon, lime, peach and pomegranate trees. You’ll never go hungry and there’s even enough for your guests.
2559 Vuelta Grande Ave.
Here is an El Dorado North house that looks quite idyllic from the outside. Paint is good, nice large shade tree in the front, raised yard. Once inside, however, this home begins to show its 70s. Listed at $799,900 by Ray Duran III, the house hasn’t had many upgrades since 1952. The kitchen looks quirky, as do the baths. The original hardwood floors “can be restored,” according to the listing, which presents this home as a wonderful opportunity to make it different from what it is. The kitchen “offers many possibilities to create your own personalized kitchen and layout”. The featureless backyard “is a blank canvas ready for all your own outdoor design ideas.” Still, it’s a nice neighborhood and it’s a good price – recently reduced from $50,000, so if you’re not afraid to work hard, this could be a nice place to live.
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