550 Orange Avenue 234, Long Beach, California 90802, Long Beach, 90802 - 1 bed, 1 bath
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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 | $445,000* List Price | 1 | 1 | 818 | $570 | - |
A 1187 E 3rd Sold | $452,000 | 1 | 1 | 781 | $579 | 0.2 mi |
B 1506 E 4th 206 Sold | $520,000 | 2 | 2 | 779 | $668 | 0.2 mi |
C 637 Atlantic 3 Sold | $465,000 | 2 | 2 | 820 | $567 | 0.6 mi |
D 100 Atlantic 701 Sold | $427,000 | 2 | 1 | 820 | $521 | 0.6 mi |
E 1919 E Beverly Way Sold | $495,000 | 2 | 2 | 1,014 | $488 | 0.4 mi |
F 850 E Ocean Boulevard 413 Sold | $575,000 | 1 | 1 | 881 | $653 | 0.7 mi |
G 1045 E 3rd 4 Pending | $575,000 List Price | 2 | 2 | 898 | $640 | 0.3 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.
Beautifully Upgraded 1-Bedroom Condo with Additional Bonus Bedroom – Turn-Key Living in Long Beach! This move-in ready 2-bedroom home, in a gated community, features an open, light-filled layout, remodeled kitchen with a breakfast bar, modern finishes, upgraded flooring, central air and a cozy fireplace. Enjoy in-unit laundry, elevator access for added accessibility, and assigned underground parking. Community amenities include a pool, spa, clubhouse, and well-maintained landscaping. Prime Long Beach location near CSULB, Long Beach Airport, beaches, shopping, dining, parks, and major freeways. Don’t miss this turn-key Long Beach condo offering exceptional value and convenience—schedule a viewing, today! ** This property qualifies for the City of Long Beach First-Time Homebuyer Assistance Program
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 | 865 | 43% |
| Lot Size | 95,356 | 24,828 | 95% |
| Price | $445.0K | $485.0K | 40% |
| Price per sq ft | $544 | $578 | 36% |
| Built year | 1985 | 1973 | 60% |
| HOA | $453.0 | $475 | 49% |
| Days on market | 56 | 182 | 3% |
Feb 25, 2026
$445,000
Initial Listing
Jul 14, 2022
$415,000
Public Record