With the economy in the tank, and the housing market even worse, home-buyers have a chance to pick up some potentially good deals on condos in downtown Long Beach.
Thirty-nine condos at the West Ocean Two complex on Ocean Boulevard near the Pike are up for auction, according to an L.A. Times blog. The report says the developer successfully auctioned 33 units from the 114-unit building last year, and another 39 will be offered at Monday's auction.
The auction Web site indicates buyers might get a great deal. For example, the minimum bid for a one-bedroom, one-bathroom, 893-square-foot apartment with a previous asking price of $548,000 is now $195,000, the site says. Go the auction site to get the full details.
Of course, whether you get a deal will depend on how much competition there is. But you don't have to worry about it from me. If I weren't a journalist, I might be able to afford to at least make an opening bid ...
Paul Eakins reports on Long Beach City Hall, and local and regional
politics. A newcomer to the Press-
Kris Hanson reports on the Ports of Long Beach and Los Angeles,
covering environmental issues, economic triumphs and
pitfalls and trade trends of America’s largest port.
He also writes a weekly column “On The Waterfront”,
appearing Tuesdays, and also produces an occassional video
and column titled “On The Job,” which follows the hard-working
men and women who keep Southern California’s economy humming.
Karen Robes Meeks came to work for the Press-
sorry folks..I wouldn't live anywhere near downtown Long Beach unless you paid me....
have you ever been to pine avenue??
it is like a cross between tijuana, a trailer park and a ghetto dmv.....
homeless, mental patients, illegals, peasants, criminals...that is 90 percent of downtown....
"have you ever been to pine avenue?? it is like a cross between tijuana, a trailer park and a ghetto dmv.....
homeless, mental patients, illegals, peasants, criminals...that is 90 percent of downtown...."
The above is a gross mischaracterization. There are less homeless in Downtown L.B. than on Ocean Blvd in Santa Monica. Yet people seem to like living there.
On Pine in L.B. there are no homeless. By night, it's a vibrant entertainment center with lots of action, discos, restaurants, and chicks.
A guy who wrote the above false info must be missing something. Maybe the girls don't want to talk to him.