550 Orange Ave #202, Long Beach, CA 90802
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550 Orange Ave #202 Long Beach, CA 90802

$465,000 Sold Price as of 04/18/2024
  • 2 Beds
  • 2 Baths
  • 952 Sq.Ft.
Sold
$465,000 Sold Price as of 04/18/2024 Refinance Your Mortgage

Map preview of 550 Orange Ave #202, Long Beach, CA 90802

Property Overview: 550 Orange Ave #202 Long Beach, CA has 2 bedrooms, 2 bathrooms, 952 living square feet and 95,356 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Discover the allure of 550 Orange Ave UNIT 202, nestled in the vibrant heart of one of Long Beach's favorite neighborhoods, Alamitos Beach. This thoughtfully designed property offers 2 bedrooms, 2 bathrooms, and 952 square feet of living space, providing a cozy yet functional layout for modern living. Situated within a gated community, this residence offers an added layer of security and peace of mind. Residents enjoy access to a host of amenities, including a pool, spa, inviting community room, and convenient parking facilities. Conveniently located near 4th Street and downtown Long Beach, residents can easily explore a diverse selection of dining, shopping, and entertainment options. From charming cafes to boutique shops, this neighborhood caters to various tastes and preferences, promising endless opportunities for exploration and enjoyment. Perfect for investors or buyers seeking a property below market value, this unit presents a unique opportunity to own a piece of Long Beach real estate. With a touch of creativity and vision, this space can be transformed into a personalized retreat tailored to your lifestyle and preferences. Take advantage of this opportunity. Schedule a viewing today and discover the potential that awaits at 550 Orange Ave UNIT 202. Whether you're looking for an investment property or a place to call home, this charming unit offers endless possibilities in one of Long Beach's most desirable locations.

Listed by Rick Lee | BRE #02130981 | Real Broker
Last checked: 7 minutes ago | Last updated: April 18th, 2024 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
95,356
HOA Dues
$430/mo
Year built
1985
Garage
2 Car
Property Type:
Condominium
Status
Sold
MLS#
PW24045620
City
Long Beach
County
Los Angeles
Time on Site
47 days

Property Details for 550 Orange Ave #202

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • See Remarks
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 2
  • All Bedrooms Down, Kitchen, Laundry, Living Room
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Community
Exterior Features
  • No Pool
  • Pool Features: Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • No Attached Garage
Lot Information
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 2+ Common Walls
  • Total # of Units: 1
  • Parcel Number: 7266013080
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Genesis
  • Association Fee: $430 (Monthly)
  • Association Amenities: Pool, Spa/Hot Tub
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Long Beach Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Genesis (GNS)
  • Directions: Orange and Sixth
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 550 Orange Ave #202

Last sold for $465,000 on April 18th, 2024
  • April, 2024

  • Apr 18, 2024

    Date

    Sold

    CRMLS: PW24045620

    $465,000

    Price

  • Mar 15, 2024

    Date

    Active

    CRMLS: PW24045620

    $425,000

    Price

Tax History for 550 Orange Ave #202

Assessed Value (2020): $213,292
Year Land Value Improved Value Assessed Value
2020 $40,758 $172,534 $213,292

Home Value Compared to the Market

This property vs the competition

550 Orange Ave #202 sold on April 18, 2024 for 46.88% lower than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $446.43 per/sqft which puts the price per square foot 29.36% lower than the current median sale per square foot for the city of Long Beach.

About 550 Orange Ave #202

Detailed summary of property

550 Orange Ave #202 is a condominium that recently sold in Long Beach, CA 90802. This condo offered 2 bedrooms, 2 bathrooms, roughly 952 living square feet, and sits on an approximately 95,356 square foot lot. 550 Orange Ave #202 was first listed on ArdentRealEstateGroup.com on March 15, 2024. The homeowner sold the property for $465,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 46.88% lower than the current median priced home. Local homes that are currently for sale include 375 Atlantic Ave #607, 100 Atlantic Ave #614 and 1750 E Ocean Blvd #702. This home does have a Homeowners Association and the monthly fee is $430 per month. While the average home in Long Beach, CA is selling in 54 days, 550 Orange Ave #202 has a days on market of 4 days. There are currently 610 homes for sale in the Long Beach real estate market and 349 of them are single family homes while 248 of them are condos and 13 are townhomes. For more information on this home for sale at 550 Orange Ave #202 Long Beach, CA 90802 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 550 Orange Ave #202

Public county record property details
Beds
2
Baths
2
Year built
1985
Sq. Ft.
952
Lot Size
95,352
Stories
--
Type
Condominium Unit (Residential)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
1
APN
7266-013-080

The source for these homes facts are from public records.

90802 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$530,000
Median List Price/Sq.Ft.
$627
Median Sold Price
$505,000
Median Sold Price/Sq.Ft.
$634
Total Inventory
124
Median Sale to List Price %
96.19%
Avg Days on Market
34
Loan Type
Conventional (50%), FHA (3.57%), VA (3.57%), Cash (28.57%), Other (10.71%)

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Related Resources to 550 Orange Ave #202

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.