Long Beach Real Estate-Long Beach Condos

Property Tax Relief for Long Beach and Los Angeles County Homeowners?

Not Without An Appraisal

 

 

The Los Angeles County assessor's office on Monday announced completion of their automatic "decline-in-value" reassessments that reviewed 473,000 homes purchased between July 1, 2003 and June 30, 2008. This review resulted in 330,000 county residences qualifying for automatic reductions in their October 2009 tax bill.

Homeowners with qualifying properties will be notified of the results in writing by June 30. Those who were not reviewed can file for free with the Assessor's Office until December 31.

According to the assessor, the average reduction in assessed values for single-family residences was $126,000, for an average tax savings of $1,400 per year. Condos saw averaged reductions of $96,000, for savings of about $1,100 per year.

Just how generous the savings will be on an individual basis is hard to say. Presumably, homeowners that purchased between 2005 - 2007 will see the bulk of the savings, while others may not see as large a reduction. But with budgets on the brink throughout the State, should anyone should expect assessor largesse?

Not without your own appraisal.

Two reasons:

1. The assessor's automatic valuation used market data in 2008-pre January 1 2009 cut-off.
2. Homeowners applying for review can submit their own appraisal with sales data through March 31, 2009.  

If you've been watching the news, you know prices continued sliding into this year. So homeowners accepting their auto-assessment might not be maximizing the savings they otherwise could see.

In two recent tax-reduction cases, the homeowners handed me their reduced-assessment notices sent to them by the assessor. Both assessments were --- get this --- high by about $150,000. (Which explains why they called me to begin with.) If either case reflects at all the data the assessor's using to calculate 2009 taxes, you want to get a second opinion.

To know if you property was reviewed, click here. If your property was not reviewed, or you didn't qualify even though you bought your home between June 30, 2003 and July 1, 2008, download a copy of the Decline-in-Value Reassessment Application then call for us a consultation-it's free.

PS. You want to get your options out of the way quickly, the deadline to file an appeal with the Assessment Appeals Board is November 30.

 

Los Angeles County Tax Assessors Office

500 West Temple Street Room 286

Los Angeles, CA  90012

Rick Auerbach, Assessor

213-974-3211

assessor.lacounty.gov

 

Also see: LA Times: Property tax relief coming for more than 330,000 L.A. County homeowners

Read Also:

Property Tax Reassessments in Long Beach & Southern California

 

 

 

http://www.longbeachrealestatehome.com/009824

 

City Council proposes an OUTRAGEOUS 800% increase in fees.....................

 

 

Long Beach home sellers are hit with many fees when selling their Long Beach Homes.  One of those fees is for a mandatory Garage Inspection by the City of Long Beach.  These inspections currently cost $85.00, the city is considering increasing this fee to over $200.  Basically a city employee visits the garage makes sure it is not being used as living space or storage, can be used to park a car and is structurally sound. They go back to their office and issue a certificate.  Job is worth about what it costs right now. 

The city is also considering increasing fees from $25 to over $200 for a parking exemption.  The parking exemption is required when an actual garage is not present and no garage inspection is called for, as in the case of a condominium complex with underground parking or a home or income property with outdoor parking, but no actual garage.  Beat that, they want the same amount of money without doing anything but issuing a certificate.  Now that's a racket. 

These proposed increases reflect a proposed 800% increase in fees.  How's that for chutzpah in this economy?!? 

800%     800%     800%

I think if I say it enough times that number may sink in..............800% !

 

While I understand that a moderate increase in fees was probably inevitable I wonder if the City of Long Beach has noticed that people are losing their jobs and their homes in record numbers?  The economy is in shambles, businesses are folding, restaurants are closing thier doors and there just doesn't seem to be enough money to go around these days.

 

800%  800%  800%  feel that number, let it get under your skin.  Have you ever received an 800% increase?  No, well neither has hardly anybody else.  800%  800%  800%

 

How about we all haul our behinds down to that City Council meeting and tell them how outrageous it is to initiate an 800% increase and remind them who they are working for.

 

The Long Beach City Council will meet on Tuesday, April 21st to consider this outrageous proposal. You should be there too to make them accountable, this is ridiculous.

Attend the meeting: Tuesday April 21, 2009     5:00 PM City Hall Council Chamber 333 W. Ocean Blvd. (Lobby Level) Long Beach, CA  90802 Click here for a map to City Hall

Watch the City Council meeting live on your compter here.  Cant make it? Contact the City Council - Voice your opinion! (562) 570-6101 (562) 570-6789 (fax) cityclerk@longbeach.gov (email)

 

Show up !      Say NO !

Tell them that 800% is absurd !

 

City Council Meeting Agenda of April 21, 2009

City Council Supplemental Agenda of April 21, 2009

 

 

Related posts: 

Long Beach Own Your Own-OYO-Owners Are Organizing for Condo Conversion

Downtown Long Beach - Belmont Shore - Vertical Parking Solutions

 

Laurie Manny Professional Group

244 Redondo Avenue
Belmont Heights
Long Beach, California 90803

(562) 212-5420

http://www.longbeachrealestatehome.com/00967B

LONG BEACH REAL ESTATE FOR SALE

The Turret House

Historic Victorian Bed and Breakfast For Sale

4/15/2009 $100,000 Price Reduction

Downtown Long Beach California

 

The Turret House, a successful historic bed and breakfast in the heart of Downtown Long Beach California is For Sale.  This elegant Victorian bed and breakfast provides its guests with a comfortable environment to unwind with period pieces throughout, and provides separate owners quarters, offering the new owner a comfortable and convenient lifestyle.  Location is in the Wilmore Drake Historic District, one of 17 historic districts in Long Beach California.  

 

Built in 1906, by a Kansas carpenter, this Historic Inn retains its charm to this day. Walking distance to the Downtown Long Beach business district the Victorian B & B provides a homey welcome to avid business travelers tired of spending the bulk of their time in typical hotels. The Inn was last renovated in 2003 with much attention spent on a beautiful restoration. 

 

Business travelers account for over half of the room bookings.  The Inn offers a unique travel experience for weary road warriors.  A short walk into the Downtown business district the Inn has become a favorite for many business travellers tired of being on the road and wanting a more homey and comfortable environment.  The Inn is also a favorite getaway for Anniversary celebrations and weekend getaways.  Many Downtown locals book rooms for visiting family members.  The Turret House also rents out the Inn for the use of Showers, Tea Parties, etc.. 

The business is solid, the Inn is usually fully booked.  Even in the slower months of the year (November-December) the Inn is usually about 75% booked. The hotel has built expansive internet exposure, is highly rated and enjoys a friendly relationship with referring vendors.  The Turret House provides a nice healthy, steady income for its current owners, it can for you too. 

 

The Turret House has 5 themed guest rooms; all rooms have private baths, fireplaces, claw-foot tubs and showers, are lovingly decorated and are fully booked most of the year. 

The Turret Room   Five leaded-glass windows frame this cozy room, complimenting its 12 foot high turret from which the house derived its name. Full-size antique bed. A private bath with stall shower and slipper claw foot tub is steps from the Turret Door.
	Provincetown Room Embracing the Inns diversity, the Provincetown Room is the jewel of the house, with antique four-poster queen bed and matching carved wood dresser sink. Artwork by prominent P-Town artist Doug Marr graces the walls and French doors lead to a private balcony where guests may sit and enjoy their mornings or cool evening breeze. Private bath.
Queen Mary Room Named after our citys historic ocean liner, this room features sky blue walls and artifacts from the ships sailings. Queen bed, private bath.
	Vagabond Room As its name indicates, the Vagabond Room features a world traveler decor with mementos of far-away places and faces. King bed, private bath.
Dreamcatcher Room   Slip away into surreal dreams in this relaxing room. Earth-tone colors with an eclectic mix of paintings and prints. Queen bed, private bath.

Each room currently includes television with DirecTV including free HBO, Cinemax and Showtime, fluffy bathrobes and free passes to nearby Golds Gym.  Internet access is also provided. Guests may also relax in the Inns private outdoor spa. The Turret House is a pet friendly bed and breakfast that feels more like a grand old home.

 

The Turret House won the 2005 Long Beach Heritage Preservation Award and has been voted the best bed and breakfast by the Press Telegram.  It is no wonder, a tour of The Turret House will leave you with the sense of having stepped back in time with every nook and cranny lovingly restored.

   

This fine bed and breakfast offers its new owner more than just a steady income stream, it offers a lifestyle. The on site, separate owners quarters make this lovely Inn an extension of your home. You will have to see this wonderful haven to understand the warmth it exudes.

Southern California, Long Beach and the Downtown Long Beach areas offer unlimited resort amenities and endless entertainment.  Centrally located, Downtown Long Beach is just 6 miles from the Long Beach Airport, 20 miles south of LAX, 22 miles north of John Wayne Airport and 51 miles east of Ontario Airport. 

Downtown Long Beach is a highly evolving urban redevelopment area. Over the last few years many new high rise condominiums have been built; historic buildings have been converted into highly desirable Manhattan style lofts and new business has been moving into the Downtown area.  Plans for continued development continue into our future.  More information on the redevelopment in Downtown can be located on the City of Long Beach Site here. 

Guests can walk to area beaches, the Long Beach Convention Center, The World Trade Center, the Downtown business district, Pine Avenue, area restaurants, local galleries, the East Village Arts District,  The Aquarium of the Pacific,  Rainbow Harbor and The Pike.

If you are searching for the perfect Historic Bed and Breakfast, The Turret House may just be the perfect choice for you. 

 

Contact Laurie today to explore the possibilities. 

Offered at:     $995,000     $895,000

 

Listing Agent: Laurie Manny - Main Street Realtors Long Beach 562-212-5420

 

 

Laurie Manny Professional Group

244 Redondo Avenue
Belmont Heights
Long Beach, California 90803

(562) 212-5420

 

 

 

http://www.longbeachrealestatehome.com/00905C

 

MARINA PACIFICA

 

Luxury Waterfront Condominiums and Townhomes in Long Beach California

Marina Pacifica is an exclusive, 24 hour guard-gated waterfront community located on the canals of Alamitos Bay, directly across from the exclusive Spinnaker Bay enclave of Luxury Waterfront homes. The complex, built in 1974, is comprised of 570 units with 16 different condominium and townhome floorplans (see below). Marina Pacifica offers its homeowners a choice of 6 pools and spas, a clubhouse, a newly renovated gym, 2 reception rooms for entertaining on the large scale and laundry facilities. The complex offers boat slips and 19 acres of landscaping.

 

 

The Long Beach California community of Marina Pacifica is conveniently located near the intersection of 2nd Street and Pacific Coast Highway (PCH). There is a very convenient private foot bridge, which crosses one of the canals surrounding the complex, to the Marina Pacifica Mall. Walk across the bridge to Ralphs, pick up a book at Barnes and Noble, grab your morning octane at Starbucks or enjoy one of the many fine restaurants in the center perhaps Tantalum (my personal favorite) or Acapulco. Shop at Pier One, Walgreens or Best Buy; pick up a Jamba Juice or catch a movie at the AMC Theater. All within a short walk of your fabulous Marina Pacifica Home.

 

Marina Pacifica Luxury Waterfront Condos for Sale Long Beach CA 90803

Call to view available Condos at Marina Pacifica (562) 212-5420

 

 

Marina Pacifica Floorplans

 

Clubhouse Layout.pdf Floorplan A.pdf Floorplan AE.pdf Floorplan AH.pdf Floorplan AL.pdf Floorplan ALE.pdf Floorplan AT.pdf Floorplan ATE.pdf Floorplan B.pdf Floorplan BE.pdf Floorplan BH.pdf Floorplan BL.pdf Floorplan BLE.pdf Floorplan BT.pdf Floorplan C.pdf Floorplans Comparison Page 1.pdf Floorplans Comparison Page 2.pdf Floorplans Comparison Page 3.pdf Floorplans Comparison Page 4.pdf

 

Marina Pacifica Closed Sales 2008

RES	Address	Bd	B t/f	Sty	Gar	SqFt	Price	DOM
1	6316 MARINA PACIFICA Dr	2	2/			1,194	$550,000
2	6320 MARINA PACIFICA Dr	2	3/			1,474	$560,500
3	7114 MARINA PACIFICA Dr	0	1/1	1	1	701	$225,000	124
4	6110 MARINA PACIFICA Dr Key 16	1	1/1	1	2	825	$289,000	26
5	6121 MARINA PACIFICA Dr	1	1/1	1	1	873	$310,000	4
6	8132 MARINA PACIFICA Dr	1	1/1	1	0	873	$329,900	21
7	7138 MARINA PACIFICA Dr Key 8	1	1/1	S	2	873	$330,000	179
8	6221 MARINA PACIFICA Dr Key 15	1	1/	1	0	873	$365,000	6
9	7110 MARINA PACIFICA Dr Key 11	1	2/1	1	1	1,171	$370,000	532
10	7133 MARINA PACIFICA Dr Key 11	1	1/1	1	1	926	$368,500	222
11	7133 MARINA PACIFICA Dr Key 8	1	2/	1	2	1,115	$376,000	31
12	5225 MARINA PACIFICA Dr Key 19	1	1/1	1	2	874	$375,000	286
13	7342 MARINA PACIFICA Dr	2	3/	2	0	1,299	$403,000	63
14	6310 MARINA PACIFICA Dr	2	2/2	2	2	1,449	$449,000	18
15	7330 MARINA PACIFICA Dr Key 11	1	1/1	3	2	926	$452,000	0
16	6314 MARINA PACIFICA Dr	2	2/2	3	0	1,800	$600,000	63
17	5214 MARINA PACIFICA Dr Key 19	2	2.5/	S	0	1,299	$480,000	41
18	5210 MARINA PACIFICA Dr	2	2/2	1	2	1,325	$520,000	38
19	8307 MARINA PACIFICA Dr Key 5	2	2/2	1	2	1,400	$510,000	29
20	5205 MARINA PACIFICA Dr Key 21	2	3/2	2	2	1,299	$545,000	49
21	7234 MARINA PACIFICA Dr	2	2/	1	0	1,325	$602,500	124
22	7327 MARINA PACIFICA Dr Key 11	2	2/2	2	2	1,310	$675,000	29

DOM=Days on Market-is provided when available

Call Laurie to view available Condos at Marina Pacifica (562) 212-5420

 

http://www.longbeachrealestatehome.com/00927F

Long Beach California is home to the West Coasts most affordable beach real estate.  Set in sunny Southern California we enjoy moderate temperatures year round, sweet ocean breezes and a resort atmosphere.  With our purchase prices so reasonable is it any wonder snowbirds are flocking here?  Palm Desert, 2 hours inland, is fantastic, but nothing compares to luxury oceanfront property and the beach is just more fun! 

 

Long Beach has an endless array of entertainment to suit any lifestyle or age from water-sports to nightlife, theater and fine dining.  This is the perfect place to do everything, do nothing or to just go fly a kite!

Yes we have golf courses!  Long Beach is centrally located making access to all Southern California golf courses just a short drive. 

Long Beach is conveniently located just 20 minutes south of Los Angeles International Airport (LAX), 20 minutes north of John Wayne Airport (SNA) in Irvine, and home to our own Long Beach Airport - which we love.  We are also just a 20 minute drive into Downtown Los Angeles - in case you were thinking about catching a Lakers game; attending a concert at the fabulous Staples Center or a performance at our beautiful Music Center.  Fantabulous and incomparable, 8 time Grammy award winner, Tina Turner is performing at the Staples Center as I write this, had I known that ahead of time I would be there tonight singing along........What's love got to do with it?  La la la... Gotta love that woman! 

Did I say we were centrally located?  A 2 hour drive north will find you in beautiful Santa Barbara.  Head north just a little further and enjoy a day, or a romantic weekend, in wine country.  A leisurely drive south will take you into lovely San Diego.  Catch a Padres game or spend a day at the San Diego Zoo or perhaps SeaWorld with the family then head into the Downtown San Diego gaslight district for a delicious dinner and some relaxing down time. 

Surfer?  10 minutes to surf city - Huntington Beach, where you will catch some of the finest waves on the west coast. 

Long Beach is slated to become the new home of the largest movie studio in California.  A deal has been struck to take over the Boeing facility near the Long Beach airport. This will infuse new life into Long Beach and will certainly attract celebrities to our lovely waterfront homes and high rise condominiums.  How could they resist?  You never know who your new neighbor may be! 

Did you know that Hollywood got its start in Long Beach?  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.

Speaking of historic districts, Long Beach has 17 of them, California Heights being the largest.  We love our historic homes here.  You can find out more about the history of Long Beach here as well. 

Redevelopment in Alamitos Beach and the bustling Downtown Long Beach communities has birthed fabulous luxury high rise condominiums with endless ocean views, Manhattan style lofts and many fabulous new dining opportunities. 

The luxury home market is generally a cash market.  Brian Brady's 2009 Real Estate Market outlook predicts that disappearing jobs and financing will likely drive the price of luxury properties down in our waterfront and higher end communities.  While that is tragic for the owners of these Long Beach properties it is an incredible opportunity to purchase the Long Beach home, condo or vacation property you have been waiting for.   

The Long Beach real estate market has gone through several tumultuous years, this winter is certain to be a difficult time for sellers of Long Beach luxury homes, condos and income properties.  FHA loan limits, currently capping at $729,750 for single family home purchases are slated to be decreased to around $625,000 on January 1, 2009.  Decreasing buyer purchasing power is certain to affect prices in the mid-market range of $700,000 to about $1,000,000.

What does this mean for sellers?  If you are planning on selling, you should plan on closing your escrow before the end of the year and should price it to do so. It would be our pleasure to provide a home value assessment. 

What does this mean for buyers?  This is an incredible opportunity to purchase your new home at an incredible price.

International buyers are flocking to the United States to purchase real estate at our current depressed prices, there is limited financing for foreign nationals, most are purchasing with all cash.  Long Beach prices have become very attractive to these buyers. You can start your search for Long Beach homes here.  VIP service is provided with the ability to set up custom searches with an automatic email alert system. 

If you are interested in purchasing a Long Beach luxury oceanfront home or a high rise luxury waterfront condominium, this winter is the time to make that purchase. It would be our pleasure to assist you.

Long Beach California City and Relocation Resource Guide

 

http://www.longbeachrealestatehome.com/009147