$1 million homes for sale in Long Beach CA

What Does One Million Dollars Buy You?

shannonjones Featured Articles , Real Estate Leave a Comment

Hint:  It’s not necessarily a mansion.

At one time homes for one million dollars and above were automatically considered “luxury real estate.” You might picture a waterfront mansion with a Jaguar out front in the circular drive. Yet home prices have been on the rise across the country and locally, and recently San Jose, Calif. was in the news when the average home price hit more than one million. Although nationally the median home price was just $240,700 in the second quarter of 2016, that doesn’t buy you much in many parts of California. What does one million dollars really buy you in some local areas?

Let’s take a look:

Long Beach

The average home price in Long Beach last month was $631,240, up 7.8% from August of 2015. Long Beach has everything from affordable condos to waterfront mansions. Here’s what $1 million will buy you in the state’s seventh largest city.

  1. 4 beds, 2 full baths
    Home size: 1,564 sq ft
    Lot size: 2,518 sqft
    Year built: 1923
    Parking spots: 2
    Days on market: 3
  2. 3 beds, 2 full baths
    Home size: 2,037 sq ft
    Lot size: 6,547 sqft
    Year built: 1936
    Parking spots: 2
    Days on market: 4
  3. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,937 sq ft
    Lot size: 8,717 sqft
    Year built: 1955
    Parking spots: 4
    Days on market: 8
  4. 2 beds, 2 full baths
    Home size: 1,259 sq ft
    Lot size: 19,814 sqft
    Year built: 2001
    Parking spots: 4
    Days on market: 12
  5. 3 beds, 1 full, 1 three-quarter, 1 half baths
    Home size: 2,203 sq ft
    Lot size: 6,433 sqft
    Year built: 1961
    Parking spots: 4
    Days on market: 18
  6. 3 beds, 2 full, 1 half baths
    Home size: 2,369 sq ft
    Lot size: 3,706 sqft
    Year built: 1987
    Parking spots: 6
    Days on market: 23
  7. 2 beds, 2 full baths
    Home size: 1,448 sq ft
    Lot size: 2,199 sqft
    Year built: 1928
    Parking spots: 4
    Days on market: 24
  8. 4 beds, 3 full baths
    Home size: 3,111 sq ft
    Lot size: 6,146 sqft
    Year built: 1984
    Parking spots: 4
    Days on market: 38
  9. 4 beds, 2 full, 1 three-quarter baths
    Home size: 3,037 sq ft
    Lot size: 10,900 sqft
    Year built: 1953
    Parking spots: 7
    Days on market: 46
  10. 4 beds, 4 full baths
    Home size: 2,761 sq ft
    Lot size: 4,241 sqft
    Year built: 1982
    Parking spots: 3
    Days on market: 59
  11. 3 beds, 2 full baths
    Home size: 1,498 sq ft
    Lot size: 2,888 sqft
    Year built: 1941
    Parking spots: 1
    Days on market: 66
  12. 3 beds, 3 full baths
    Home size: 2,461 sq ft
    Lot size: 1.38 ac
    Year built: 2006
    Parking spots: 4
    Days on market: 74
  13. 2 beds, 1 full, 1 three-quarter, 1 half baths
    Home size: 1,850 sq ft
    Lot size: 3,100 sqft
    Year built: 1924
    Parking spots: 2
    Days on market: 78
  14. 3 beds, 2 full, 1 half baths
    Home size: 2,501 sq ft
    Lot size: 3,571 sqft
    Year built: 1987
    Parking spots: 4
    Days on market: 107
  15. 3 beds, 2 full baths
    Home size: 1,670 sq ft
    Lot size: 33,268 sqft
    Year built: 2007
    Parking spots: 2
    Days on market: 111

See all Real estate in the city of Long Beach.
(all data current as of 4/30/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Seal Beach

Just south of Los Angeles County, Seal Beach has a quaint main street, beautiful sandy shores and an average home price of $1,145,562 as of August 2016. While slightly down from the previous month, the average home price last month was 20% above its August 2015 level.

Here’s the homes available right around that $1 million price in Seal Beach.

  1. 4 beds, 2 full, 1 half baths
    Home size: 2,612 sq ft
    Lot size: 6,600 sqft
    Year built: 1971
    Parking spots: 4
    Days on market: 1
  2. 3 beds, 2 full baths
    Home size: 1,085 sq ft
    Lot size: 2,565 sqft
    Year built: 1944
    Parking spots: 4
    Days on market: 5
  3. 4 beds, 2 full, 1 half baths
    Home size: 2,770 sq ft
    Lot size: 5,200 sqft
    Year built: 1968
    Parking spots: 4
    Days on market: 107

See all Real estate in the city of Seal Beach.
(all data current as of 4/30/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Signal Hill

Signal Hill has had much wider swings in home price trends in recent years than Long Beach, which surrounds it. As of August 2016, the average price for a house in Signal Hill was $694,543, up 7.8% from August 2015.  Here’s what one million garners you in Signal Hill

  1. 3 beds, 3 full baths
    Home size: 2,177 sq ft
    Lot size: 8,176 sqft
    Year built: 2004
    Parking spots: 4
    Days on market: 4
  2. 3 beds, 2 full, 1 half baths
    Home size: 2,223 sq ft
    Lot size: 4,999 sqft
    Year built: 2004
    Parking spots: 6
    Days on market: 16

See all Real estate in the city of Signal Hill.
(all data current as of 4/30/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Lakewood

While home prices have been on the rise in Lakewood, it remains more affordable than its neighbor to the south, Long Beach. The average home price in Lakewood in August 2016 was just $531,851. Homes in the $1 million range in Lakewood are typically locate in the Lakewood Country Club Area.

  1. 3 beds, 3 full baths
    Home size: 2,618 sq ft
    Lot size: 10,075 sqft
    Year built: 1959
    Parking spots: 4
    Days on market: 8

See all Real estate in the city of Lakewood.
(all data current as of 4/30/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

About the Author

shannonjones

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Shannon Jones has been helping home buyers and sellers in and around Long Beach since 1998.

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