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416 Orange Avenue 5, Long Beach, California 90802, Long Beach, 90802 - 1 bed, 1 bath

416 Orange Avenue 5, Long Beach, California 90802 home-pic-0
ACTIVE$320,000
416 Orange Avenue 5, Long Beach, California 90802
1Bed
1Bath
621Sqft
11,919Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Coastal Location: Situated just 4 blocks from the beach in the vibrant heart of Long Beach, offering excellent walkability to shops, cafes, and the shoreline.
Top Cons:
Compact Living Space: With 621 sqft, the 1-bedroom unit offers limited living area, which may not suit buyers seeking more spacious accommodations.

Compared to the nearby listings

Price:$320.0K vs avg $485.0K ($-165,000)11%
Size:621 sqft vs avg 881 sqft19%
Price/sqft:$515 vs avg $58528%

More Insights

Built in 1955 (70 years old).
Condition: Built in 1955, this property shows signs of regular maintenance and some updates like hardwood floors and ceiling fans. However, the kitchen and bathroom are significantly outdated with older cabinets, countertops, appliances, and fixtures, suggesting they haven't been extensively renovated in many decades. While functional and clean, these key areas would require substantial cosmetic updates to meet current buyer expectations, aligning with the 'Fair' condition criteria.
Year Built
1955
Close
-
List price
$320K
Original List price
$335K
Price/Sqft
$515
HOA
$165
Days on market
-
Sold On
-
MLS number
DW25182391
Home ConditionFair
Features
View-

About this home

Experience the charm of coastal living in this delightful 1-bedroom, 1-bathroom home, perfectly located just 4 blocks from the beach in the heart of Long Beach. Situated in a well-maintained 14-unit community with low HOA fees, this residence offers a rare blend of comfort, convenience, and value. Inside, you’ll find beautiful hardwood floors, a bright and inviting living space with ceiling fans, and a separate dining room that adds versatility to the floor plan. The bathroom features a vanity area for added style and functionality. Community amenities include an on-site laundry facility with 2 washers and 2 dryers, making daily living a breeze. Step outside and enjoy the vibrant neighborhood—whether it’s a morning stroll to the shoreline, exploring nearby shops and cafes, or soaking in the ocean breeze. Perfect as a stylish beach retreat, a first-time home, or an investment property in a prime location.

Nearby schools

7/10
Stevenson Elementary School
Public,•K-5•0.5mi
6/10
Burbank Elementary School
Public,•K-5•0.7mi
6/10
Franklin Classical Middle School
Public,•6-8•0.1mi
7/10
Jefferson Leadership Academies School
Public,•6-8•1.6mi
6/10
Polytechnic High School
Public,•9-12•1.2mi
6/10
Wilson High School
Public,•9-12•2.0mi
Condition Rating
Fair
Built in 1955, this property shows signs of regular maintenance and some updates like hardwood floors and ceiling fans. However, the kitchen and bathroom are significantly outdated with older cabinets, countertops, appliances, and fixtures, suggesting they haven't been extensively renovated in many decades. While functional and clean, these key areas would require substantial cosmetic updates to meet current buyer expectations, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Prime Coastal Location: Situated just 4 blocks from the beach in the vibrant heart of Long Beach, offering excellent walkability to shops, cafes, and the shoreline.
Low Association Fees: The property benefits from remarkably low HOA fees ($165.0), enhancing affordability and investment appeal.
Versatile Property Use: Ideal for various buyers, serving as a stylish beach retreat, a first-time home, or a strong investment property in a desirable area.
Charming Interior Features: Features beautiful hardwood floors, ceiling fans, and a separate dining room, providing a bright and inviting living space.
Convenient Community Amenities: The well-maintained 14-unit community includes an on-site laundry facility, adding practical convenience for residents.

Cons

Compact Living Space: With 621 sqft, the 1-bedroom unit offers limited living area, which may not suit buyers seeking more spacious accommodations.
Older Building Infrastructure: Built in 1955, the property may have older systems and infrastructure, potentially requiring future maintenance or updates compared to newer constructions.
Absence of Dedicated Parking: The property description does not mention dedicated parking, which can be a significant inconvenience and a drawback in a dense urban coastal environment.

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