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50 Rivo Alto Canal
Long Beach, CA 90803
Kimberley Robinson with First Team Real Estate, original listing - (949) 539-0824
$6,200,000
Conventional
Property
Bedroom
5
Bathroom
Full: 4
Property Type
Conventional
Square ft
3650 Square Feet
Property Description
Presenting a rare and exceptional opportunity, this residence sits on a sprawling double lot with 60 feet of pristine waterfront. Thoughtfully reimagined just eight years ago, this home exudes sophistication and style, with meticulous attention to detail in every aspect. Bathed in natural light, the two-story great room features retractable glass walls, seamlessly blending indoor and outdoor living while maintaining an exceptional level of privacy. This beautifully designed home, offering 4-5 bedrooms, includes a game/media room, a custom office, and a spacious fitness center. The luxurious primary suite showcases sweeping water views, a soaking tub, and a warm, inviting fireplace, while a private guest suite on the first floor provides comfort and seclusion for visitors. Set on an expansive lot, this property features a commercial-grade concrete dock with new wood on the dock ramp, a new wood deck along the canal, and accommodates 2-3 watercrafts. Additionally, there is a gated parking area with space for six vehicles, including a two-car garage. The outdoor spaces are thoughtfully designed to capture both sunrises and sunsets, offering a tranquil setting for everything from intimate gatherings to grand celebrations, complete with a private spa, barbecue area, and a stylish outdoor lounge with a fire pit. Inside, the home features a stunning kitchen with a striking double-waterfall island, an oversized walk-in pantry, and a dedicated beverage center, perfect for culinary enthusiasts and entertainers alike. This smart home is equipped with state-of-the-art technology, allowing remote control of lighting, security systems, gates, and window coverings, as well as a Sonos sound system. Designed for sustainability and comfort, the property features solar readiness, dual-pane Fleetwood windows and doors, dual HVAC systems, dual tankless water heaters, an electric car charger, and premium porcelain flooring. Don’t miss the chance to own a property as unique and extraordinary as this. Reach out for a private showing and experience the beauty and serenity of this exclusive property firsthand!
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2017
MLS Number
--
Location
Address
50 Rivo Alto Canal
City
Long Beach
State
CA
Zip Code
90803
County
LOS ANGELES (LONG BEACH)
Listing
Name
Phone
(949) 539-0824
Office Name
Office Phone
(949) 539-0824
Agent Name
Kimberley Robinson
Agency Phone
(949) 539-0824

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.