Real Estate Darwinism

Bluff Park Historic District Market Report

Homes, Condos and Income Properties

Long Beach CA Real Estate Sales - 2008

Updated:  October 4, 2008

 

The Bluff Park Historic District Boundaries are:

 

• East 2nd Street to the North
• Loma Avenue to the East
• East Ocean Boulevard to the South
• Junipero Avenue to the West

• Bluff Park Historic District Map PDF

Bluff Park Historic District is a small, very upscale neighborhood which contains some of Long Beach’s most dignified homes.  The historic district includes a variety of architectural styles, including Greene and Greene, American Craftsman, California Bungalow, Spanish Revival, Prairie Style, American Colonial Revival, Tudor and Mediterranean, constructed between 1903 and 1949.  

 

Bluff Park is home to The Long Beach Museum of Art. Built in 1912 the stately Craftsman building is the former Elizabeth Milbank Anderson house; it is located on the bluffs at 2300 E. Ocean Bl. Bluff Park is also home to a Buddhist monastery that once was a Roman Catholic convent.

 

Back in the 1930’s Long Beach was known as the motion picture capital of the world until post World War I when Hollywood developed around the glitz of the era. With its perfect Southern California climate, Long Beach afforded the perfect setting for the industry. There were eight film houses, two stock companies, roller-coasters and bath houses at the historic Pike, along the shore of Downtown Long Beach. This was the home of the Balboa Amusement Production Company, the world’s most prolific silent-film studio. W. C. Fields and other stars lived in beautiful mansions in the Bluff Park neighborhood along Ocean Boulevard and First Street, many of which remain in the families to this day.

 

Bluff Park is one of Long Beach’s most coveted neighborhoods.

Read Also:

• Long Beach California Beach Communities
• History of Long Beach California
• Long Beach CA Historic Homes and Districts
• THE MILLS ACT

 

Bluff Park Historic District Homes - Sales 2008

 

There are currently 8 Homes in Bluff Park Historic District For Sale, ranging in price from $750,000 to $3,499,999.

• Average Price: $1,505,874
  
• Average Days on Market:70

 

1 Bluff Park Historic District Home is Pending in escrow

• 2919 E 1st Street, a 4 bedroom 3 bath home, 2,859 sq ft, listed at $1,199,000
  

 

4 Homes in Bluff Park Historic District have closed escrow in 2008.

• Average Price: $835,500
• Average Days on Market: 24
  

 

RES	Status	Address	Bd	B t/f	Sty	Gar	SqFt	Yr Blt	Price	DOM
1	A	2401 E Ocean	6	6/5	S	4	5,000	2008	$3,499,999	89
2	A	2424 E 2nd	2	1/1	1	2	1,285	1910	$750,000	110
3	A	24 N Redondo	2	2/1	1	2	1,390	1916	$825,000	93
4	A	3535 E 1st	3	3/1	1	2	1,638	1919	$1,050,000	1
5	A	3039 E 2nd	4	4/3	2	2 D	2,438	1946	$1,125,000	199
6	A	2511 E 1st	5	5/1	2	1 D	3,414	1918	$1,498,000	30
7	A	2311 E 1st	5	3/1	2	2 D	2,800	1908	$1,599,000	32
8	A	3421 E Ocean	3	3/2	2	2	1,823	1936	$1,700,000	2
9	B	3513 E 2nd	3	2/1	1	2 A	1,662	1911	$699,000	134
10	P	2919 E 1st	4	3/1	2	2	2,859	1922	$1,199,000	81
11	S	2424 E 2nd	2	1/	1	2	1,285	1910	$650,000	5
12	S	2609 E 2nd	2	2/1	2	1 D	1,848	1909	$682,000	6
13	S	32 Kennebec	3	3/1	2	1 A	1,628	1911	$785,000	77
14	S	115 Paloma	4	3/	2	1 D	2,433	1913	$1,225,000	9

A = Active

B = In escrow, accepting Back Up Offers

P = Pending in Escrow

S = Sold

DOM = Days on Market

 

 

8/8/08 Bluff Park Historic District Home located at 2609 East 2nd St Closed Escrow.   8/8/08 is considered by the Chinese to be a very lucky day. The number is coveted for addresses, phone numbers and bank accounts. A single 8 on a piece of property lends a sense of high status among the Chinese, as they know top dollars were paid just to obtain that number.   Lucky 8 is so lucky, that the Beijing Olympics opened on 8/8/08 at exactly 8:08:08 PM.

 

 

Recently Sold

 

 

Bluff Park Historic District Closed Sale 8/8/08

2609 East 2nd Street Long Beach, CA 90803 2 Short Blocks to the Beach Craftsman Home 2 Story 2 Bedroom 2 Bath 1,848 Square Feet 4,785 Sq Ft Lot 2 Car Garage + Driveway Beautifully Landscaped Great Floorplan Formal Entry Hardwood Floors Plantation Shutters French Doors to Rear Deck Private Back Yard Formal Dining Room Office (3rd Bdrm?) Den (4th Bdrm?) Front Porch Large Wood Burning Fireplace High Coved Ceilings with Detail Basement Lots of Storage

Buyer Represented by Laurie Manny (562) 212-5420

Offered at: $679,000 Sold at: $682,000

Tale of the Sale

Bluff Park Historic District Condos-Coops-OYOs - Sales 2008

 

There are 9 Bluff Park Historic District Condos For Sale ranging in price from $330,000 to $825,000.

• Average Price: $596,744
• Average Days on Market: 96
  

1 Bluff Park Historic District Condo is accepting Back-up Offers

• Listing Price: $359,000
• Days on Market: 212
  

13 Bluff Park Historic District Condos have closed escrow in 2008.

• Average Price: $438,692
• Average Days on Market: 98
  

 

1 Bluff Park Historic District Condo gave up after 497 days on market and leased

• 2 bedroom, 2 bath,1,008 sq ft, lease amount:  $2,000
  

 

ES	Status	Address	Bd	B t/f	Sty	Gar	SqFt	Yr Blt	Price	DOM
1	A	2131 E 1st 405	2	2/2	3	2	1,334	1975	$330,000	2
2	A	2121 E 1st 307	2	2/1	3	3	1,264	1972	$420,000	9
3	A	2601 E Ocean 608	1	1/1	1	1	672	1973	$424,900	235
4	A	3401 E Ocean 203	2	2/2	3	1	1,020	1973	$479,900	110
5	A	2999 E 1st 6	2	2/2	3	2	1,481	1966	$624,500	229
6	A	2999 E Ocean 430	2	2/1	1	1 D	1,510	1967	$669,000	142
7	A	2999 E Oean 310	2	2/2	1	1	1,510	1967	$774,900	94
8	A	2999 E Ocean 1830	3	2/1	3	2	1,510	1967	$822,500	8
9	A	2601 E Ocean 505	3	2/2	1	2	1,134	1973	$825,000	37
10	B	2101 E 2nd 404	2	2/1	1	2	985	1968	$359,000	212
11	S	2662 E 2nd G2	2	2/1	1	1	1,298	1966	$451,000	56
12	S	2222 E 2nd 10	0	1/1	1	0	424	1955	$165,000	100
13	S	2204 E 1st 4	1	1/1	2	1	714	1962	$248,000	51
14	S	100 E Loma 203	1	1/1	1	0	768	1971	$311,000	13
15	S	2131 E 1st 202	1	1.5/	3	0	979	1975	$325,000	105
16	S	2500 E 2nd 207	2	2/1	3	1	1,190	1968	$358,000	32
17	S	2302 E 2ndH 2	2	2/1	1	1	1,233	1964	$415,000	77
18	S	2601 E Ocean 810	1	1/1	1	1 D	680	1973	$400,000	364
19	S	2100 E 2nd 305	2	2/	1	1 A	1,132	1966	$425,000	136
20	S	2204 E 1st 9	2	2/	1	1	1,193	1962	$460,000	28
21	S	2319 E 2nd 3	2	2/2	1	2 A	1,167	1980	$420,000	50
22	S	3101 E 2nd 4C	3	2/	1	1 D	1,481	1963	$475,000	251
23	S	3305 E Ocean 201	3	3/3	2	2	2,300	1986	$1,250,000	5
24	L	2601 E Ocean 407	2	2/2	1	1	1,008	1973	$2,000	497

A = Active

B = In escrow, accepting Back Up Offers

P = Pending in Escrow

S = Sold

DOM = Days on Market

 

Read also:

Long Beach Own Your Owns-OYO-OYOs-in Long Beach - The OYO-Own Your Own form of ownership is a constant source of confusion for many buyers of Long Beach real estate.  Here you will find a simple explanation. 

Long Beach Own Your Own-OYO-Owners Are Organizing for Condo Conversion - If you are an OYO owner this article from Local Long Beach Resident and Own Your Own owner Deb Dobias is a must read.

Long Beach Stock Co-operatives - Stock co-ops are another misunderstood form of ownership.  Here you will find a simple explanation.

 

 

Bluff Park Historic District Income Properties - Sales 2008

 

There is 1 income property for sale at this time in the Bluff Park Historic District.

• 4 units, $899,000
• Days On Market:  26
  

 

3 Bluff Park Historic District Income Properties Sold in 2008, ranging in price from $1,599,000 to $1,615,000

• Average Price: $1,604,666
• Average Days on Market: 69
  

 

RIN	Status	Units	GSI	Cap	GRM	Net Inc	Address	Yblt	Bldg SF	Price	DOM
1	A	4	$50,400	0%	17.84	$0	2725 E 2nd St	1913	1,670	$899,000	26
2	S	5	$104,940	6.25%	15.24	$100,000	3065 E 2nd St	1968	6,050	$1,599,000	131
3	S	5	$124,200	0%	13.52	$0	15 Loma Ave	1936	8,190	$1,615,000	53
4	S	8	$130,200	5.15%	13.44	$90,200	3417 E 2nd St	1964	7,435	$1,600,000	24

 

*All statistics are as represented by the MLS and are not to be intrerpreted as the representation of the author.

 

Call Laurie today to view any Bluff Park Historic District properties (562) 212-5402

 

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