Cliff May Ranchos: Market Update 3/9

Click the graphic above for the MLS listings, or if you have any questions e-mail: evan.gould@homes4hipsters.com . Looks like it is time for another Cliff May Ranchos market update. As a refresher, this mid-century modern neighborhood is located on the Eastside of Long Beach, near the corner of Spring and Studebaker, across from El Dorado Park. Lots of great '50's era mid-century houses with open floorplans and huge patios to take advantage of California sunshine. New to the market this week is 7219 Lanai Ave. Remodeled in 2006, this 5 bed, 3 bath home has been expanded from the original 1,268 square feet. It is now a two story home in about 2,800 square feet. Along with the extra square footage, the home boasts travertine floors, and elaborate wrought iron details throughout. This home has been "Tuscanized", so very little of the original mid-century flair is left. But hey, granite counters, stainless steel appliances, two extra bedrooms, and a price of $775,000 rarely seen in the neighborhood since the peak of the market in 2005/2006. Good luck! The very original home at 7232 E. Metz is in escrow. This 3 bedroom, 2 bath, 1130 square foot home was listed for $559,000. Check back here for the final sales price. Finally, the home at 7115 Metz closed escrow. The list price was 575,000, and the final sales price was $550,000. So, some savvy shopper was able to snag this 3 bed, 2 bath fixer for 96% of the list price.