550 Orange Avenue 229, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 1 bath

550 Orange Avenue 229, Long Beach, California 90802 home-pic-0

550 Orange Avenue 229

Long Beach, California 90802

ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
818Sq Ft
95,336Lot Size

Property Price

LIST PRICE$500,000

SUMMARY

Analysis of 550 Orange Avenue 229, Long Beach, California 90802 is currently available with a list price of $500,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although built in 1985, the property has undergone a comprehensive top-to-bottom renovation within the last 5 years. It features modern Luxury Vinyl Plank flooring, a completely remodeled kitchen with shaker cabinetry and new stainless steel appliances, updated recessed lighting, and a fully refreshed bathroom with a new tub and fixtures. The inclusion of a new heater/air conditioner combo and in-unit laundry further confirms its status as a fully updated, turnkey residence meeting current quality standards.

PROSSTRENGTHS & OPPORTUNITIES

  • Turnkey Modern Renovations

    The unit has been meticulously remodeled from top to bottom, featuring Luxury Vinyl Plank flooring, a chef-inspired kitchen with shaker cabinetry, and updated fixtures, offering a completely move-in-ready experience.

  • Rare In-Unit Amenities

    This condo includes a dedicated laundry closet with a stackable washer/dryer and an integrated heater/air conditioner combo, which are highly sought-after luxuries not commonly found in similar units within the building.

  • FHA/VA Approved & Prime Location

    The complex is FHA and VA approved, significantly increasing buyer accessibility, and is ideally situated in North Alamitos Beach near the beach and the popular 4th Street Retro Row.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.

  • Single Bathroom Layout

    With two bedrooms but only one bathroom, the floor plan may be less appealing to roommates or small families compared to more modern two-bathroom configurations.

  • Limited Parking for Two Bedrooms

    The property includes only one dedicated parking space for a two-bedroom unit, which can be a significant drawback in a high-density Long Beach neighborhood where street parking is notoriously difficult.

About 550 Orange Avenue 229

Welcome to this newly renovated 2-bedroom, 1-bath condo that defines "turnkey." Situated in a stellar end-unit location with an open floor plan bathed in tons of natural light, the condo features a pool view from the kitchen and lots of privacy in this secure, gated community. The home has been meticulously remodeled and updated from top to bottom, offering a modern aesthetic with and a convenient location close to the coast and neighborhood amenities. Step into a light-filled open floor plan featuring Luxury Vinyl Plank flooring and new stylish tile throughout. The heart of the home is the chef-inspired open plan kitchen boasting sleek granite-look countertops, shaker cabinetry, breakfast bar raised countertop and a full suite of fresh stainless steel appliances. The convenience continues with a dedicated laundry closet featuring a stackable washer and dryer and heater/air conditioner combo, a highly sought-after luxury in this building. Every detail has been addressed including: Modern Lighting: New recessed "can" lights in the main living area and stylish ceiling fans with lights in both bedrooms, Spacious closets with closet organizers, New bathtub and shower: Completely refreshed with a new shower-tub combo and updated fixtures, Parking: Includes one secure, dedicated parking space in the underground garage plus Guest parking. Located in the vibrant North Alamitos Beach area, you are just minutes from the 4th Street Retro Row, the beach, and the best dining and shopping that Long Beach has to offer. The Genesis community provides resort-style amenities, including a sparkling pool, spa, lush landscaping and clubhouse. The complex is also FHA and VA approved. Whether you're looking for a primary residence or a high-yield investment, this unit is truly a GEM you won’t want to miss!

Property Details

Public Facts

Property Type
Condominium
Year Built
1985
Lot Size
95,336 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$455.89 / 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.01.0
54%
Baths1.01.0
50%
Square foot818855.5
44%
Lot Size95,33621,979
96%
Price$500.0K$482.5K
56%
Price per sq ft$611$581
59%
Built year19851965
65%
HOA$455.89$430
54%
Days on market14184
1%

Pricing History

Listed for Sale

Mar 5, 2026

$500,000

$539,000

-7% Price Drop

Initial Listing

Price Change

Feb 20, 2026

$539,000

Initial Listing

Sold

Mar 24, 2014

$156,000

Public Record

Sold

Jun 14, 2011

$132,000

Public Record

Sold

Apr 21, 2006

$319,000

Public Record

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