No one wanted this Long Beach home until waves crashed into its living room
A Long Beach oceanfront home listed at $4.95 million sat unsold until powerful waves crashed through its living room and caused significant damage. The property’s price has since been reduced, sparking renewed buyer interest. For LA entrepreneurs, the episode highlights rising coastal risks and the need to factor climate impacts into waterfront real estate investments.
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Summary written by Entrepreneurs Of Los Angeles. The original reporting belongs to LA Times Business; we do not republish the article.