Lakewood Estates, Area 22, Lakewood, California 90713
By Design, for Entertainment!
This is what I consider a good value for your money in today’s market. Located in Area 22 and more commonly known as ‘Lakewood Estates’, this home has a lot to offer and built with entertainment in mind.
A remarkable 8mm video from 1939.
Film Poster: Laddie McCabe
Date: July 2, 2015
The video is a captivating look at an early 8mm, and now vintage film, depicting the initial development of the Los Altos Community within the city of Long Beach.
According to the narrator of this film, Los Altos was our ‘nation’s first planned community’. Can you believe it? It is interesting to note that the area of Los Altos was developed first, and all other surrounding communities grew from there. The film talks about Lloyd Whaley’s plan and how the first homes, and surrounding community, were developed along Clark Avenue in 1946. By 1949, Whaley had already completed 880 homes between Bellflower Blvd. and Clark at the East and West, and between Stearns and Atherton at the North and South.
This is a small cohesive family oriented community located on the East side of Long Beach, a quiet residential neighborhood. Los Altos was originally developed in 1946 by Lloyd S. Whaley at the end of World War II to provide housing to returning military personnel after the war.
“We love Los Altos”, my wife and I purchased our first home and moved here in 1983, at that time we were the ‘new kids’ on the block and continue to live in Los Altos ever since. I recall how we used to frequent “Bob’s Big Boy” located at the corner of Bellflower and Spring and to this day remember ordering our favorite dessert, a “Hot Fudge Chocolate Cake”. I miss the early days and all our old neighbors.
Much has change since in Los Altos, the area is now mostly populated by younger families, lots of kids (the cycle continues!) running around the clever maze-like street-layout (by design for safety reasons minimizing unwanted through traffic in the area). Los Altos today has many new shops, it is conveniently located within the city of Long Beach with easy access to the 405 freeway, close to the Long Beach Airport, coastline, beaches, entertainment and not to mention excellent dining.
If you’re considering selling your home, especially in an area where values are on their way up, you may be tempted to first list your property at a higher than market value price just to see if you could get it. What do I recommend? Don’t do it.
“Knowledge is the Key to Success – Timing is the Key to Profits!”
Most experienced Realtors will tell you pricing your property correctly from the beginning is crucial to getting it sold quickly and at the best possible price. Historical data shows that overpricing your home and then dropping to a lower price when the property fails to sell usually only leads to selling it at a much lower price than what you originally anticipated.
Research also shows that the longer a property stays on the market, the greater the discount is likely to be off your original asking price. Buyers and investors alike will pay close attention to “DOM” (Days on Market) and “CDOM” (Combined Days on Market), both are indicators of the appeal of the property at its current price.