Cliff May Ranchos Market Update 2/19

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Not much movement in the Cliff May Long Beach market this week. To begin, the listing at 3150 Pattiz expired. Originally listed way back in August 2008 for $629,900, this home experienced a couple of price reductions, and finally exited the market a week ago @ $599,900. The home last sold in June 2006 for $640,000. The market giveth, and the market taketh away. What a cruel god these market forces! It may still be in escrow, but the MLS listing shows it as expired. The other action this week is the home at 3225 Roxanne which was pending sale in December, is now back on the market at $580,000 and looking fabulous… not! Just took a swing through this one and it is torn up. The garage has been divided and a rec room now occupies the halved space. The carpet is atrocious. The kitchen is in original condition, but the bathrooms have been poorly remodeled. Every room and surface needs to be redone. The exterior features that California dreamy patio area that opens to the living room. However, being north facing, and having an overbearing awning system, the space was dark, cold and rather unattractive. Oh yeah, don’t miss the dilapidated sailboat in the neighbors’ front yard, which kinda’ looks like your front yard because there is a shared fence across the front of the two houses. I really don’t mean to tear this listing apart, but for my money (and yours), I would buy the exact same home at 3025 Roxanne for $515,900 or even the mostly original with the right upgrades and 200 square feet larger home at 3138 Studebaker for $539,250.