550 Orange 421, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 2 bath
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550 Orange 421
Long Beach, California 90802
ACTIVE
CONDITION: GOOD
2Beds
2Baths
930Sq Ft
95,356Lot Size
Property Price
LIST PRICE$525,000
EST. MARKET VALUE
$502,495
4% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $550,000—positioned above the $511,069 Fair Market Value. While priced slightly above market, the property offers an Excellent Condition Rating with an upgraded kitchen, in-unit laundry, and secure underground parking. Residents enjoy a lifestyle-focused community with a pool, spa, and proximity to top-rated schools like Stevenson Elementary. With its vaulted ceilings and private balcony views, this unit provides a premium living experience. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home.
Estimated Market Value
$502,495
Based on Realkey algorithm analyzing recent comparable sales in Long Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 550 Orange 421 Subject | $525,000* List Price | 2 | 2 | 930 | $540 | - |
A 550 Orange Avenue 234 Sold | $425,000 | 2 | 1 | 818 | $520 | 0.0 mi |
B 550 Orange Avenue 229 Sold | $489,000 | 2 | 1 | 818 | $598 | 0.0 mi |
C 955 E 3rd 202 Sold | $425,000 | 2 | 2 | 944 | $450 | 0.3 mi |
D 1919 E Beverly 205 Sold | $525,000 | 2 | 2 | 1,014 | $518 | 0.4 mi |
E 1919 E Beverly Way Sold | $495,000 | 2 | 2 | 1,014 | $488 | 0.4 mi |
F 955 E 3rd Street Sold | $515,000 | 2 | 2 | 1,002 | $514 | 0.3 mi |
G 637 Atlantic 3 Sold | $465,000 | 2 | 2 | 820 | $567 | 0.6 mi |
H 1604 2nd Street 1f Sold | $460,000 | 1 | 1 | 792 | $581 | 0.5 mi |
I 1637 E 5th Street 302 Active | $555,000 List Price | 2 | 2 | 840 | $661 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1985 but features a well-maintained, move-in ready interior with an upgraded kitchen including painted white cabinetry and newer appliances. The unit shows significant cosmetic updates such as solid surface flooring and modern lighting fixtures, placing it in the 5-15 year renovation category.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Unit Positioning
As a top-floor end-unit with vaulted ceilings, this property offers superior privacy, maximum natural light, and a sense of volume that distinguishes it from standard interior units.
- High-Value Parking & Laundry
The inclusion of two secure underground parking spaces and in-unit laundry provides a significant competitive advantage and convenience in the high-density Downtown Long Beach area.
- Modernized Interior Layout
The upgraded kitchen with white cabinetry and bartop seating flows seamlessly into an open-concept living area, featuring contemporary flooring and a designer fireplace.
CONSRISKS & DEFICIENCIES
- Significant HOA Expenses
The monthly association fee of $455 is a substantial recurring cost that may impact the overall affordability and monthly budget for prospective buyers.
- Building Age
Constructed in 1985, the building may require more frequent maintenance or future capital improvements compared to newer developments in the surrounding neighborhood.
About 550 Orange 421
SELLER OFFERING BUYER INCENTIVE 20K INTEREST RATE BUY DOWN/LOWER MONTHLY PAYMENT! Fantastic top level end-unit with 2 bedrooms and 2 bathrooms, vaulted ceilings, great natural daylight, a View balcony, in-unit laundry, an open concept kitchen and 2 parking spots in the secure underground parking deck. This community is very well maintained, offers gated security, excellent walkability and a nice inground pool and spa! Elevator access accommodates all levels of the building. The upgraded kitchen features painted white cabinetry, upgraded appliances, bartop seating and opens seamlessly to the family room. The family room delivers towering vaulted ceilings, a designer chandelier over the dining area, solid surface flooring, a fireplace and sliding glass doors to your private balcony. The spacious primary bedroom showcases an ensuite primary bathroom and access to the outdoor balcony. A generously sized secondary bedroom is located next to a second full bathroom, which also has hallway access for guests. This is arguably the best unit and location within the community!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 95,356 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $455.0 / Month
Neighborhood Insights
Long Beach Unified Schools
Stevenson Elementary School
Grades K-5 • 0.5 mi
7/10
Burbank Elementary School
Grades K-5 • 0.7 mi
6/10
Franklin Classical Middle School
Grades 6-8 • 0.1 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 930 | 924.282 |
| Lot Size | 95,356 | 30,288.04 |
| Price | $525.0K | $521.1K |
| Price per sq ft | $565 | $569 |
| Built year | 1985 | 1976 |
| HOA | $455.0 | $460 |
| Days on market | 33 | 74 |
Pricing History
Listed for Sale
Sep 5, 2026
$525,000
$550,000
-5% Price Drop
Initial Listing
Price Change
Aug 7, 2026
$550,000
Initial Listing
Sold
Aug 31, 2000
$112,500
Public Record