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Market Conditions in 90802 : Real Estate Advice

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  • Home Buying15
  • Home Selling9
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Activity 3
Tue Jun 15, 2010
Sandy Carroll answered:
There is only so much ocean-close property. There is only so much good-climate property. Over time those closer to the ocean and those properties in milder climates are going to appreciate more than others.

Sandy Carroll
First Team Real Estate
562 494 6760
sandycarroll@verizon.net
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Thu May 20, 2010
Joe Mendez answered:
This is a broad questions. There are many factors that contributor to the price these days to a two bedroom condo in that zip code. You also have to look at the neighboring zips. Is the condo an REO? Is it a short sale? Is it a regular sale? What is the condition of the home? Obviously the local comps determine price to an extent but those change every month or every time there is a new sale. I think in this zip code you may be able to find some deals if you have an agent that knows that area. Or has sold in that area. Best thing to do is work with an agent. ... more
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Sun Jul 13, 2008
Laurie Manny answered:
Brian,

The 90802 zip code offers a variety of different neighborhoods at greatly different prices. If you are searching high rise condos along Ocean Blvd in either Alamitos Beach or the Downtown area recent closed sales have ranged between $469k for a bank owned to $830k with HOA fees of $730 per month for a 9th floor unit in The Pacific.

Moving a few blocks inland from Ocean Bl (still beach close) recent sales have ranged from $193k for a bank owned on E. 3rd St. in Alamitos Beach to $340k for a model unit in a new condo conversion on Atlantic and 6th.

I hope this helps.

Laurie Manny
Prudential California Realty
(562) 212-5420
... more
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