morekaos - 07 October 2009 02:04 PM

Is it me or is this description a bit creepy?

225 SAINT JOSEPH

First time on market in decades. Beautiful Spanish with rare detached garage recently lost her long time companion in search of that someone special to lovingly restore/renovate:

Well, at least the realtor is fully disclosing it. Creepy, though.

Mcdonna1980 - 07 October 2009 02:29 PM

Well, at least the realtor is fully disclosing it

Disclosing what ?  That someone in Long Beach died recently, at the hospital ?

morekaos - 13 August 2009 08:21 PM

And the monster gasps then slides off the cliff

215 The Toledo

$800,000.00 off its original ask…it takes your breath away

morekaos - 08 October 2009 08:54 PM

morekaos - 13 August 2009 08:21 PM

And the monster gasps then slides off the cliff

215 The Toledo

$800,000.00 off its original ask…it takes your breath away

Still $1,000,000 too much.  It is in the shadow of that apartment building every day after 2:00 pm.

awgee - 08 October 2009 09:08 PM

morekaos - 08 October 2009 08:54 PM

morekaos - 13 August 2009 08:21 PM

And the monster gasps then slides off the cliff

215 The Toledo

$800,000.00 off its original ask…it takes your breath away

Still $1,000,000 too much.  It is in the shadow of that apartment building every day after 2:00 pm.

The 2,300 sq ft variety has been going for $1.3 to $1.4.  Though not on a great street this is a big house.  If it listed at $1.6 I bet it would get some bites.  The original price was ridiculous and again I think the current $1.9 is a few hundred thousand high.

Considering it is now bank owned you would think Joe the Banker would want it off the books

morekaos - 08 October 2009 10:20 PM

Considering it is now bank owned you would think Joe the Banker would want it off the books

no kidding.  as a bank owned you would think it would list for $1.4

Sorry, I meant will be bank owned…soon

Foreclosure Stage: Auction
Sale Date 10/13/09 Published Bid $1,564,594
Opening Bid $0
Sale Status Active Notice Date 05/18/09
Postponed For Beneficiary Document #
Request
Sale Date 10/13/09 Sale Time 10:00:00
Prior Date 09/22/09 Sale Location 12720 NORWALK BLVD
Original Date 06/04/09 NORWALK
Loan Date 06/04/07 Loan Amount $1,500,000
Loan Doc # 1338746 Loan Position 1

Geotpf - 05 May 2009 06:12 PM

morekaos - 23 April 2009 11:00 PM

While we are on the topic of Toledo, check out this listing right next door. I can never figure out how a person can pay for a property like this and in less than 2 years have to sell it again. Now for huge ass loss..or at least it will be when and if it finally closes.

Another on Toledo

Apr 22, 2009 Listed $1,019,000 — SoCalMLS #P684470
Jun 13, 2007 Sold $1,059,000 7.3%/yr Public Records

Well, maybe they had to move due to their job situation changing (laid off and found a job elsewhere, transfered by their company, found a higher paying job elsewhere, etc.).  Things change, sometimes unexpectedly.

For whatever reason this still had to hurt.

Jul 31, 2009 Sold $875,000 -8.6%/yr Public Records
Jun 13, 2007 Sold $1,059,000 7.3%/yr Public Records

only 200 large?  that is a pittance these days.  who do you think ate it, the downpayment or the bank?

I think the seller ate the majority of it. I still think 200 grand is a chunk for even that amount of time.

My wife is drooling over this find over the weekend… any comments? Price..?

Well…  The garage is too dominant and the double doors look kinds of silly.  Also, is that located right next to a street?  I think you can do better.

That said, you have a far better feel for what your family needs than I do.  If it meet your needs, go for it, but I wouldn’t compromise because you feel you need something now.

EvaLSeraphim - 12 October 2009 04:31 AM

Well…  The garage is too dominant and the double doors look kinds of silly.  Also, is that located right next to a street?  I think you can do better.

That said, you have a far better feel for what your family needs than I do.  If it meet your needs, go for it, but I wouldn’t compromise because you feel you need something now.

That’s not a street; that’s the parking lot for the marina (click on the photo for the listing).  That is, it has a close water view.  Looks pretty sweet to me, although you are right about the front of the house being all garage and double doors.  But considering how close it is to the water, I think one could overlook that.

If you can handle the weekend invasion this place looks OK. I think it sort of compares to the properties across from Mothers Beach. I just don’t like the weekend crowd aspect

roundcorners - 12 October 2009 04:00 AM

My wife is drooling over this find over the weekend… any comments? Price..?

If you liked that one you must love this one. Right down the street. Dropped its price 60 big ones today! The flag is up! Ane ther they go…who will win the race to the bottom?

376 Audra Dr

morekaos - 14 October 2009 02:06 PM

roundcorners - 12 October 2009 04:00 AM

My wife is drooling over this find over the weekend… any comments? Price..?

If you liked that one you must love this one. Right down the street. Dropped its price 60 big ones today! The flag is up! Ane ther they go…who will win the race to the bottom?

376 Audra Dr

The views on that one appear to be blocked by the neighbor.  The Wendy Lane house directly overlooks the water, which has to command a premium.

morekaos - 12 September 2009 05:04 PM

Wow, This is how a perfectly safe homeowner gets himself into deep crap. This guy bought right.

15-69th-Pl

Date Event Price Appreciation Source
Aug 05, 2009 Price Changed $1,490,000 — SoCalMLS #P695505
Jul 16, 2009 Listed $1,590,000 — SoCalMLS #P695505
Nov 26, 1997 Sold $610,000 — Public Records

You stud!! You got a cherry house on “The Peninsula”, at a fairly decent price. He put a nice down and financed the remaining $458,000.00. So far so good. Then….the house found a job

2/18/98   $72,000 loan
1/6/99   $480,000 loan
3/15/00   $50,000   loan
7/3/01   $140,000 loan
2/3/05   $73,000   loans
9/1/06   $1,050,109 sloppy refi of all the debt

Then….. the house got fired and started to collect unemployment (lazy-ass house!)

3/31/09 First default filed
9/29/09 House will go to auction

This bonehead had it all and blew it!!!  Amazing!

Looks like they are dropping $100,000.00 every other month till it gets sold. Where do you think we find a buyer?  Only time and a few hundred thousand will tell

morekaos - 21 October 2009 03:35 AM

morekaos - 12 September 2009 05:04 PM

Wow, This is how a perfectly safe homeowner gets himself into deep crap. This guy bought right.

15-69th-Pl

Date Event Price Appreciation Source
Aug 05, 2009 Price Changed $1,490,000 — SoCalMLS #P695505
Jul 16, 2009 Listed $1,590,000 — SoCalMLS #P695505
Nov 26, 1997 Sold $610,000 — Public Records

You stud!! You got a cherry house on “The Peninsula”, at a fairly decent price. He put a nice down and financed the remaining $458,000.00. So far so good. Then….the house found a job

2/18/98   $72,000 loan
1/6/99   $480,000 loan
3/15/00   $50,000   loan
7/3/01   $140,000 loan
2/3/05   $73,000   loans
9/1/06   $1,050,109 sloppy refi of all the debt

Then….. the house got fired and started to collect unemployment (lazy-ass house!)

3/31/09 First default filed
9/29/09 House will go to auction

This bonehead had it all and blew it!!!  Amazing!

Looks like they are dropping $100,000.00 every other month till it gets sold. Where do you think we find a buyer?  Only time and a few hundred thousand will tell

A few more price drops and a fresh coat of neutral paint inside and this unemployed home may find itself a new owner.

This one had to hurt. Paid too much, dumped a bunch into the remodel and selling for a quick loss…smooth move ex-lax.

51 Angelo Walk

Oct 23, 2009 Listed $1,089,000 — CARETS #S593564
Jun 27, 2006 Sold $1,265,000

morekaos - 27 October 2009 02:18 PM

This one had to hurt. Paid too much, dumped a bunch into the remodel and selling for a quick loss…smooth move ex-lax.

51 Angelo Walk

Oct 23, 2009 Listed $1,089,000 — CARETS #S593564
Jun 27, 2006 Sold $1,265,000

OMG!  2 bedroom, 1 bath, 1250 sq ft for $1,089,000?!?!  $871 per sq ft?!?!

awgee - 27 October 2009 03:25 PM

morekaos - 27 October 2009 02:18 PM

This one had to hurt. Paid too much, dumped a bunch into the remodel and selling for a quick loss…smooth move ex-lax.

51 Angelo Walk

Oct 23, 2009 Listed $1,089,000—CARETS #S593564
Jun 27, 2006 Sold $1,265,000

OMG! 2 bedroom, 1 bath, 1250 sq ft for $1,089,000?!?! $871 per sq ft?!?!

The funniest part is this chump paid over $1000 a square foot AND dumped in the remodel costs. Ahh, the good old days of delusional 2006.

Well well, It looks like University Park is back in 2007 mode. Nice price hike Realtard.

6324 Marquita

Oct 27, 2009 Price Changed $950,000 — CARETS #P706090
Oct 06, 2009 Listed $899,000 — CARETS #P706090

No bites for 22 days, selling season coming to a close, tax credits may not get extended….raise the price.  That ought to start a bidding war.  Brilliant!

Now here is a winning strategy albeit timid in its incriments it will eventually get the job done..

296 Monrovia

Oct 27, 2009 Price Changed $895,999 — CARETS #P696687
Oct 19, 2009 Price Changed $915,000 — CARETS #P696687
Oct 15, 2009 Price Changed $924,900 — CARETS #P696687
Oct 12, 2009 Price Changed $949,900 — CARETS #P696687
Sep 17, 2009 Price Changed $975,000 — CARETS #P696687
Sep 09, 2009 Price Changed $995,000 — CARETS #P696687
Jul 24, 2009 Listed $1,055,000 — CARETS #P696687
Apr 28, 1989 Sold $340,000 — Public Records

sad story coming out of Long Beach, Wilson High of all places this weekend… I didn’t buy the gangster stories portrayed in the movie Freedom Writers,, but… you gotta wonder, how safe is the school now…?

roundcorners - 01 November 2009 06:00 PM

sad story coming out of Long Beach, Wilson High of all places this weekend… I didn’t buy the gangster stories portrayed in the movie Freedom Writers,, but… you gotta wonder, how safe is the school now…?

From what I have heard this is much more about Poly than Wilson.  Yeah it happended after a Wilson game but they were playing Poly and most guess it is likely the Poly element that is what is in play here.  I guess they aren’t going to stop playing Poly anytime soon though.  It is a shame.  Wilson is a good school and is safe.  This is an anomoly which is why it’s big news in LB but it surely makes it hard to shed the already less than ideal image after this.

Very sad for this family.