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

550 Orange Avenue 229
Long Beach, California 90802
Property Price
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
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
Burbank Elementary School
Grades K-5 • 0.7 mi
Franklin Classical Middle School
Grades 6-8 • 0.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 54% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 818 | 855.5 | 44% |
| Lot Size | 95,336 | 21,979 | 96% |
| Price | $500.0K | $482.5K | 56% |
| Price per sq ft | $611 | $581 | 59% |
| Built year | 1985 | 1965 | 65% |
| HOA | $455.89 | $430 | 54% |
| Days on market | 14 | 184 | 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

































