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550 Orange Ave 118, Long Beach, CA 90802

Sale Price: $498,000
Jun 6, 2024859 sqft2 beds1 baths
Listed by: David Salzman
License #: 00952732
Phone #: 310 545-2260
Engel & Volkers LA South Bay
Source:
CRMLS Logo
MLS #: SB24114742

Property Description

You struck Gold! Super cute 2 bedroom condo with parking, inside laundry and large private patio in Alamitos Beach area. This beautiful end unit condo is the epitome of comfort and convenience. As you step inside, you'll be greeted by a kitchen featuring a breakfast bar, perfect for quick meals or casual gatherings. The inviting living room, warmed by a cozy fireplace, is an ideal space for entertaining or unwinding. The two bedrooms, each have generous walk-in closets. The large bathroom enhances convenience for busy mornings or relaxing evenings. An additional storage closet at the entryway ensures there's a place for everything. The unit has newer paint and newer wood laminate flooring throughout, making it completely turnkey and move-in ready. The unit is conveniently located to the two designated parking spaces in the underground garage. The community, rich with tropical elements, offers a range of amenities including a lovely pool and spa area, guest parking, and bike storage. Ideally located, this condo is just a short distance from the beach and vibrant Downtown Long Beach. Enjoy the best the city has to offer—parks, restaurants, shopping, MOLAA museum, the marina, the Aquarium of the Pacific, and so much more. The complex is FHA approved (please verify with your lender).
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$7,605

TurboHome Estimated Value

$500,500

$583 sqft

High Valuation
$525,525
$612/sqft
Normal Valuation
$500,500
$583/sqft
Low Valuation
$475,475
$554/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$583/sqft$500,500

Neighborhood: Downtown

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Comparative Value

$469K

$494K

$510K

$524K

$595K

453 Almond Ave 3, Long Beach, CA 90802

Sale Price: $469,000

Selected Comparable

550 Orange Ave 118, Long Beach, CA 90802

List Price: $494,000

Subject Property

550 Orange Ave 118, Long Beach, CA 90802

Sale Price: $498,000

Selected Comparable

550 Orange Ave 236, Long Beach, CA 90802

Sale Price: $510,000

Selected Comparable

550 Orange Ave 429, Long Beach, CA 90802

Sale Price: $524,000

Selected Comparable

550 Orange Ave 328, Long Beach, CA 90802

Sale Price: $595,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
550 Orange Ave 118, Long Beach, CA 90802

550 Orange Ave 118, Long Beach, CA 90802

List: $494,000

Listed: 6/6/2024

Area:859 sqft
Price/sqft:$575
Beds:2
Baths:1
Year Built:
Lot Size:95,352.836

Comparable Properties

COMPARABLE
Choose comps
550 Orange Ave 328, Long Beach, CA 90802

550 Orange Ave 328, Long Beach, CA 90802

Sale: $595,000

6/16/20250.00 mi

Area:846 sqft
Price/sqft:$703
Beds:2
Baths:1
Year Built:
Weight:21.7%
550 Orange Ave 429, Long Beach, CA 90802

550 Orange Ave 429, Long Beach, CA 90802

Sale: $524,000

3/6/20250.00 mi

Area:818 sqft
Price/sqft:$641
Beds:2
Baths:1
Year Built:
Weight:20.2%
550 Orange Ave 118, Long Beach, CA 90802

550 Orange Ave 118, Long Beach, CA 90802

Sale: $498,000

8/30/20240.00 mi

Area:859 sqft
Price/sqft:$580
Beds:2
Baths:1
Year Built:
Weight:19.9%
550 Orange Ave 236, Long Beach, CA 90802

550 Orange Ave 236, Long Beach, CA 90802

Sale: $510,000

9/11/20240.00 mi

Area:846 sqft
Price/sqft:$603
Beds:2
Baths:1
Year Built:
Weight:19.7%
453 Almond Ave 3, Long Beach, CA 90802

453 Almond Ave 3, Long Beach, CA 90802

Sale: $469,000

4/24/20250.08 mi

Area:840 sqft
Price/sqft:$558
Beds:2
Baths:2
Year Built:
Weight:18.5%

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