550 Orange Avenue 234, Long Beach, California 90802, Long Beach, 90802 - 1 bed, 1 bath
Loading property details...
Long Beach, California 90802
This Upgraded Turn-Key Condo is a Strong Value Opportunity, listed at $445,000—positioned well below the $465,939 Fair Market Value by 4%. This valuation gap offers $20,939 in Instant Equity. Boasting a Mint Condition Rating, the interior features a remodeled kitchen with stone countertops, central air, and a versatile bonus bedroom. Residents enjoy a pool and spa while being minutes from the beach and the 7-rated Stevenson Elementary. Qualifying for the Long Beach First-Time Homebuyer Assistance Program, this is a premier choice for first-time buyers or Owner-Occupants seeking a move-in-ready coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 550 Orange Avenue 234 Subject | $430,000* List Price | 1 | 1 | 818 | $526 | - |
A 1187 E 3rd Street 215 Sold | $375,000 | 1 | 1 | 778 | $482 | 0.2 mi |
B 1187 E 3rd Sold | $452,000 | 1 | 1 | 781 | $579 | 0.2 mi |
C 955 E 3rd Street Sold | $515,000 | 2 | 2 | 1,002 | $514 | 0.3 mi |
D 800 E Ocean Boulevard 1010 Sold | $520,000 | 1 | 1 | 864 | $602 | 0.7 mi |
E 1506 E 4th 206 Sold | $520,000 | 2 | 2 | 779 | $668 | 0.2 mi |
F 615 E Broadway 204 Sold | $347,000 | 1 | 1 | 644 | $539 | 0.6 mi |
G 550 Orange Avenue 337 Active | $425,000 List Price | 1 | 1 | 697 | $610 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1985, the property has undergone a comprehensive recent renovation (likely within the last 5 years) as evidenced by the modern kitchen with stainless steel appliances and stone countertops, updated flooring, and fully remodeled bathrooms. The unit is in mint, turn-key condition and includes updated systems like central air and in-unit laundry.
The unit features a remodeled kitchen, upgraded flooring, and central air, offering a move-in ready experience that is rare at this price point.
This property qualifies for the City of Long Beach First-Time Homebuyer Assistance Program, providing a significant advantage for entry-level buyers seeking financial support.
Despite being listed as a 1-bedroom, the inclusion of a bonus room, in-unit laundry, and assigned underground parking provides the utility and convenience of a larger residence.
The monthly association fee of $453 is relatively high for a one-bedroom unit, which may impact the overall affordability and debt-to-income ratio for some buyers.
Constructed in 1985, the complex may require ongoing maintenance or potential future assessments for aging common area infrastructure compared to newer developments.
PRICE IMPROVEMENT! Turn-Key 2 Bedroom, Long Beach Condo – Upgraded & Move-In Ready! Step into modern comfort with this beautifully upgraded 1-bedroom condo featuring an additional bonus bedroom. Located in a gated community, this home offers an open floor plan, remodeled kitchen with breakfast bar, stylish flooring, central AC, and a charming fireplace. Enjoy in-unit laundry, elevator convenience, and secure underground parking. Relax with resort-style amenities including a pool, spa, and clubhouse. Close to CSULB, Long Beach Airport, beaches, shopping, dining, parks, and major freeways. **Eligible for the Long Beach First-Time Homebuyer Assistance Program—don’t miss this opportunity!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades 6-8 • 0.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 818 | 853 | 43% |
| Lot Size | 95,356 | 29,185.199 | 93% |
| Price | $430.0K | $490.0K | 40% |
| Price per sq ft | $526 | $579 | 30% |
| Built year | 1985 | 1973 | 63% |
| HOA | $453.0 | $475 | 49% |
| Days on market | 111 | 159 | 24% |
May 21, 2026
$430,000
$445,000
-3% Price Drop
Initial Listing
Feb 25, 2026
$445,000
Initial Listing
Jul 14, 2022
$415,000
Public Record