550 Orange Avenue 140, Long Beach, California 90802, Long Beach, 90802 - 1 bed, 1 bath
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550 Orange Avenue 140
Long Beach, California 90802
ACTIVE
CONDITION: GOOD
1Beds
1Baths
686Sq Ft
95,356Lot Size
Property Price
LIST PRICE$379,000
EST. MARKET VALUE
$355,368
6% AboveMARKET VALUE
SUMMARY
This Move-in Ready Condominium is a Strong Value Opportunity, listed at $379,000—positioned above the $355,368 Fair Market Value by 6%. While priced slightly above market, the property offers a Condition Rating of 3, featuring modern updates like recessed lighting and stone countertops. Residents enjoy a low-maintenance lifestyle with access to a resort-style pool, spa, and secure parking. Located in the vibrant Alamitos Beach neighborhood near top-rated schools like Stevenson Elementary, this residence is an ideal fit for first-time buyers or coastal lifestyle seekers.
Estimated Market Value
$355,368
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 Avenue 140 Subject | $379,000* List Price | 1 | 1 | 686 | $518 | - |
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 1227 E 1st Street 2c Sold | $356,000 | 1 | 1 | 668 | $533 | 0.5 mi |
D 102 Lime Avenue 6 Sold | $337,000 | 1 | 1 | 684 | $493 | 0.6 mi |
E 940 E 3rd Sold | $365,000 | 1 | 1 | 731 | $499 | 0.4 mi |
F 1187 East 3rd Street 305 Sold | $319,000 | 1 | 1 | 779 | $409 | 0.2 mi |
G 100 Atlantic Avenue 405 Sold | $374,900 | 2 | 1 | 730 | $514 | 0.6 mi |
H 375 Atlantic 407 Sold | $275,000 | 1 | 1 | 707 | $389 | 0.6 mi |
I 337 Lime Pending | $349,900 List Price | 1 | 1 | 744 | $470 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1985, the interior shows clear signs of a mid-range renovation within the last 5-15 years. The living area features updated wood-look flooring and recessed lighting, while the bathroom has been refreshed with a stone countertop and modern fixtures. The unit appears well-maintained and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated in the highly desirable Alamitos Beach neighborhood, this property offers exceptional proximity to the shoreline, Rosie's Dog Beach, and major attractions like the Aquarium of the Pacific.
- Comprehensive Community Amenities
The secure gated community features a resort-style pool, spa, clubhouse, and underground parking, providing a high-value, low-maintenance lifestyle for residents.
- Ground-Floor Accessibility
The unit's ground-level position ensures easy and convenient access for residents and guests, eliminating the need for stairs or elevators in daily transit.
CONSRISKS & DEFICIENCIES
- Lack of Scenic Views
The property is listed as having no views, which may be a drawback for buyers expecting a coastal or city aesthetic given its proximity to the beach.
- Compact Living Footprint
At 686 square feet, the interior space is relatively modest, which may limit appeal for those seeking a more spacious layout or dedicated home office area.
About 550 Orange Avenue 140
550 Orange Avenue is an exceptional opportunity to enjoy the best of Long Beach coastal living. Located in the sought-after Alamitos Beach neighborhood, this inviting ground-level condominium offers a comfortable blend of beachside lifestyle and everyday convenience. Featuring approximately 686 square feet of living space, this one-bedroom, one-bath residence is situated within a secure gated community designed for easy Southern California living. The functional floor plan provides comfortable living and dining spaces, while the ground-floor location offers convenient access for residents and guests alike. Community amenities include a resort-style pool, spa, clubhouse, secure underground parking with one assigned space, and a private storage cabinet. These features enhance the low-maintenance lifestyle many buyers seek when choosing a coastal condominium. The location places residents near the shoreline, neighborhood parks, and many of Long Beach's most recognizable attractions, including the Aquarium of the Pacific, Rosie's Dog Beach, and the Queen Mary. Throughout the year, residents enjoy the energy of Downtown Long Beach events, the world-famous Long Beach Grand Prix, and Long Beach's role as a host city for Beach Volleyball during the 2028 Olympic Games. Whether you are purchasing your first home, seeking a coastal retreat, or looking for a low-maintenance residence close to the beach, this Alamitos Beach condominium offers an outstanding opportunity to enjoy one of Southern California's most vibrant coastal communities.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 95,356 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $452.9 / 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 | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 686 | 924.282 |
| Lot Size | 95,356 | 30,288.04 |
| Price | $379.0K | $521.1K |
| Price per sq ft | $552 | $569 |
| Built year | 1985 | 1976 |
| HOA | $452.9 | $460 |
| Days on market | 23 | 74 |
Pricing History
Listed for Sale
Aug 17, 2026
$379,000
Initial Listing
Sold
Aug 22, 2019
$306,000
Public Record
Sold
Oct 5, 2012
$121,000
Public Record
Sold
Jun 14, 2002
$106,000
Public Record