550 Orange Avenue 234, Long Beach, California 90802, Long Beach, 90802 - 1 bed, 1 bath
550 Orange Avenue 234
Long Beach, California 90802
Property Price
SUMMARY
Analysis of 550 Orange Avenue 234, Long Beach, California 90802 is currently available with a list price of $445,000. 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.
The property is in turn-key condition featuring extensive recent renovations. The interior boasts a remodeled kitchen with modern finishes and a breakfast bar, upgraded flooring throughout, and a cozy fireplace. With modern conveniences like central air and in-unit laundry, the home meets the criteria for a fully renovated property with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Turn-Key Condition
The property is move-in ready with significant upgrades, including a remodeled kitchen with a breakfast bar, modern finishes, and upgraded flooring throughout.
- Enhanced Functional Layout
While officially a one-bedroom, the inclusion of a bonus bedroom provides the utility of a two-bedroom home, offering superior value and versatility for the price point.
- Premium Unit Amenities
The condo features highly desirable internal amenities including central air conditioning, a cozy fireplace, and in-unit laundry, which are often missing in older Long Beach developments.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The monthly association fee of $453 is relatively high for a one-bedroom unit, which may impact overall affordability and debt-to-income ratios for some buyers.
- Official Bedroom Classification
Being legally classified as a one-bedroom despite the bonus room may limit the pool of buyers specifically searching for a traditional two-bedroom residence and could affect future appraisal valuations.
About 550 Orange Avenue 234
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.
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
- $453.0 / 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 | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 818 | 855.5 | 44% |
| Lot Size | 95,356 | 21,979 | 96% |
| Price | $445.0K | $480.0K | 44% |
| Price per sq ft | $544 | $575 | 39% |
| Built year | 1985 | 1965 | 65% |
| HOA | $453.0 | $430 | 54% |
| Days on market | 9 | 184 | 1% |
Pricing History
Listed for Sale
Feb 25, 2026
$445,000
Initial Listing
Sold
Jul 14, 2022
$415,000
Public Record