550 Orange Avenue, Long Beach, California 90802, Long Beach, 90802 - 1 bed, 1 bath
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Long Beach, California 90802
This Condominium represents a Strong Value Opportunity, listed at $425,000—positioned well below the $389,730 Fair Market Value by -9%. Featuring a Condition Rating of 4, this top-floor unit offers a gas-lighted fireplace, vaulted ceilings, and resort-style amenities including a pool and spa. Located in the walkable Alamitos Beach neighborhood near Long Beach Unified schools, it provides a coastal lifestyle. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a well-located, amenity-rich urban residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 550 Orange Avenue Subject | $399,000* List Price | 1 | 1 | 697 | $520 | - |
A 102 Lime Avenue 6 Sold | $337,000 | 1 | 1 | 684 | $493 | 0.6 mi |
B 1273 E Appleton St 3 Sold | $362,000 | 1 | 1 | 860 | $421 | 0.3 mi |
C 1187 East 3rd Street 305 Sold | $319,000 | 1 | 1 | 779 | $409 | 0.2 mi |
D 307 Cherry Avenue 6 Sold | $342,000 | 1 | 1 | 712 | $480 | 0.5 mi |
E 219 Esperanza Ave #7 Sold | $365,000 | 1 | 1 | 603 | $605 | 0.4 mi |
F 100 Atlantic Sold | $370,000 | 2 | 1 | 820 | $451 | 0.6 mi |
G 1020 E 2nd Street 10 Sold | $420,000 | 1 | 1 | 643 | $653 | 0.5 mi |
H 1633 East 1st Street 4 Sold | $385,000 | 1 | 1 | 823 | $468 | 0.5 mi |
I 646 Nebraska Avenue 6 Active | $400,000 List Price | 2 | 2 | 800 | $500 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985 (39 years old), the property is well-maintained but dated. The kitchen features original 1980s cabinetry that has been painted and a dated fluorescent light box. While the appliances and laundry are functional, the overall aesthetic and core systems are over 20 years old, requiring cosmetic updates to meet modern standards.
Situated in the highly desirable Alamitos Beach neighborhood, this property offers exceptional walkability to the beach, Shoreline Village, and local dining, making it an ideal urban coastal retreat.
As a top-floor unit, it benefits from vaulted ceilings and a gas fireplace, providing a more spacious, airy, and upscale atmosphere compared to lower-level units in the complex.
The unit comes furnished and includes essential appliances like a stackable washer/dryer, plus gated subterranean parking and resort-style amenities including a pool, spa, and clubhouse.
The association fee of $452 per month is relatively high for a one-bedroom unit under 700 square feet, which may impact the overall affordability and monthly carrying costs for buyers.
With only 697 square feet of living space, the unit's footprint is quite compact, which could be a limiting factor for those requiring more storage or a dedicated home office space.
Stop the car and come inside! This top floor beautifully kept 1-BR and 1-BA turn-key unit in a limited access condominium community is "a must to see." The balcony can be accessed from the living room or bedroom. This unit features tall living room ceiling with fans, a gas-lighting fireplace, and central air system. Enjoy being in the kitchen as you entertain your guests over the bar counter. Has stackable washer and dryer, refrigerator, and stove that will stay. Full bathroom has entry from bedroom and from the hallway. The bedroom has two walk-in closets. Take the stairs or elevator to the 1-car assigned parking space with storage cabinet located in the gated subterranean garage. Soak up in the hot spa or submerge yourself in the huge swimming pool. Walk with your pets around the Alamitos Beach neighborhood or down to the beach to Shoreline Village. If you need more room, rent the clubhouse that overlooks the pool area. You may store your bicycle in the bike room. Other amenities include bike room and limited guest parking. Enjoy the beauty of the luscious landscape of courtyards and planter beds. Do not make your offers until you view this gem. More updated photos coming soon!
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 |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 697 | 926 |
| Lot Size | 95,356 | 30,781 |
| Price | $399.0K | $514.8K |
| Price per sq ft | $572 | $568 |
| Built year | 1985 | 1979 |
| HOA | $452.0 | $475 |
| Days on market | 45 | 76 |
Jul 9, 2026
$399,000
$425,000
-6% Price Drop
Initial Listing
Jun 7, 2026
$425,000
Initial Listing
Jul 1, 2021
$341,000
Public Record
Apr 18, 2002
$98,500
Public Record