NOT LISTED FOR SALE

550 Orange Ave, Unit 314 Long Beach, CA 90802

North Alamitos Beach Neighborhood

Estimated Value: $408,000 - $459,570

1 Bed
1 Bath
720 Sq Ft
2.19 Acre Lot

Sale Details

Date Sold: November 1, 2022

Last sale price $455,000 $632 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,174 / mo

8 Days on Market

Highlights

  • Pool House
  • Automatic Gate
  • Views of Trees
  • Long Beach Polytechnic High School Rated A
  • Gated Community
  • 2.19 Acre Lot

About This Home

As of November 2022

Reimagined top floor one-bedroom, one bathroom residence in prime North Alamitos Beach | Franklin, adjacent Long Beach's 4th Street Corridor and Retro Row. Light, bright, and super airy, southern exposure sunlight emanates into this fantastic third floor unit's soaring 11' cathedral ceilings. Designer finishes include new waterproof laminate flooring, Spanish tile, custom walk-in shower, custom kitchen with quartz counters, and new appliances. This abode has a dual access balcony (bedroom or living room), stacked laundry closet, dual walk-in closets (convert one into an office?), gas fireplace, one-car parking accessed via underground garage, association pool, spa, and clubhouse, plus bicycle parking. HOA covers water and trash. There are two elevators providing access as well. Walking distance to Ocean and Pine, beaches, MOLAA, and more. 550 Orange Avenue has Walk and Bike Scores of 93 out of 100. This location is a Walker and Biker's Paradise so daily errands do not require a car. Close to hot spots like Chez Bacchus, El Barrio Cantina, Gusto Bread, The Bird, The Attic, Holesmokes, and more.

Last Agent to Sell the Property

Carlos Castillo

Redfin License #01254307 Listed on: 10/02/2022

Last Buyer's Agent

Jacky Tu

Redfin License #02151488

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • South Facing Home
  • Gated Home

HOA Fees

  • $348 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Gate
  • Guest Parking
  • Assigned Parking

Property Views

  • Trees
  • Courtyard

Home Design

  • Modern Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Recessed Lighting
  • Living Room with Fireplace
  • Dining Area
  • Laminate Flooring

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Oven
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry closet
  • Stacked Washer and Dryer Hookup

Home Security

Pool

  • Pool House
  • In Ground Pool
  • Spa

Outdoor Features

  • Living Room Balcony

Utilities

  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 7266-013-143

Community Details

Overview

  • Association fees include trash, water, building and grounds, clubhouse
  • 163 Units
  • Associa Association, Phone Number (562) 308-3286

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Elevator

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1985 | Remodeled

Lot Details

2.19 Acres

HOA Fees

$348 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Genesis
  • Entry Floor: 3
  • Living Area: 720
  • Lot Acreage: 2.1886
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Year Built: 1985
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Common Walls, Laundry - Closet Stacked, Living Room Balcony, Cathedral-Vaulted Ceilings, Recessed Lighting, High Ceilings (9 Feet+)
  • Fireplace Rooms: Living Room
  • Flooring: Laminate
  • Appliances: Oven
  • Bedrooms: 1
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Tile, Remodeled, Shower Stall, Linen Closet
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Galley Kitchen, Remodeled, Stone Counters
  • Laundry: Laundry Closet Stacked
  • Total Bathrooms: 1.00
  • Equipment: Stackable W/D Hookup, Elevator, Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 611.11

Exterior Features

  • Balcony: Yes
  • Direction Faces: South
  • Other Features: Balcony
  • Other Structures: Pool House
  • Exposure: Southern
  • Patio: Living Room Balcony, Balcony
  • Pool Description: Association Pool
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: Tree Top, Courtyard
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Covered Parking, Assigned, Gated Underground
  • Total Parking: 1

Utilities

  • Heating: Wall Gas, Forced Air
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated, Smoke Detector, Resident Manager, Card/Code Access

Association/Amenities

  • Amenities: Assoc Barbecue, Gated Community, Controlled Access, Spa, Pool, Elevator, Gated Parking, Guest Parking, Clubhouse
  • Pet Rules: Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Water, Building and Grounds, Clubhouse
  • HOA Fees: 348.00
  • Management Company: Associa
  • Mgmt Co Phone: 5623083286|
  • Phone: 5623083286|
  • HOA: Yes
  • Unit Location: Courtyard

Lot Info

  • Horses: No
  • Assessor Parcel Number: 7266-013-143
  • Lot Size Area: 95336

Multi Family

  • Number Of Units: 163

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2022
Closed on
Oct 17, 2022
Sold by
Bought by
Seller's Agent
Carlos Castillo
Redfin
Buyer's Agent
Jacky Tu
Redfin
List Price
$440,000
Sold Price
$455,000
Premium/Discount to List
$15,000
3.41%
Views
33
Current Estimated Value
$434,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,607
Avg. Annual Appreciation
-1.24%
Original Mortgage
$409,500
Interest Rate
0.0602%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 4, 2022
Closed on
Aug 8, 2022
Sold by
Bought by
Seller's Agent
Carlos Castillo
Redfin
Buyer's Agent
Carlos Castillo
Redfin
List Price
$320,000
Sold Price
$300,000
Premium/Discount to List
-$20,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,600
Interest Rate
0.053%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$455,000 Chicago Title
$300,000 Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $409,500
Previous Owner $272,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2022 11/01/22 Sold $455,000 +3.4% $632 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/02/2022 10/02/22 For Sale $440,000 0.0% $611 / Sq Ft
10/02/2022 10/02/22 Price Changed $440,000 -0.7% $611 / Sq Ft
10/02/2022 10/02/22 Price Changed $443,000 -2.6% $615 / Sq Ft
09/29/2022 09/29/22 Off Market $455,000 -- --
08/22/2022 08/22/22 Sold $300,000 -6.3% $437 / Sq Ft View Prior Sale
08/05/2022 08/05/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $320,000 0.0% $466 / Sq Ft
08/04/2022 08/04/22 Price Changed $320,000 +6.7% $466 / Sq Ft
08/02/2022 08/02/22 Off Market $300,000 -- --
07/15/2022 07/15/22 Price Changed $340,000 -- $496 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,250 $473,381 $326,269 $147,112
2024 $5,982 $464,100 $319,872 $144,228
2023 $5,881 $455,000 $313,600 $141,400
2022 $4,195 $334,933 $128,820 $206,113
2021 $1,815 $142,544 $29,418 $113,126
2019 $1,786 $138,319 $28,547 $109,772
2018 $1,741 $135,608 $27,988 $107,620
2016 $1,600 $130,344 $26,902 $103,442
2015 $1,537 $128,387 $26,498 $101,889
2014 $1,531 $125,873 $25,979 $99,894
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Carlos Castillo

    Redfin

    Section Image

  • J

    Buyer's Agent in 2022

    Jacky Tu

    Redfin

    Jacky Tu
    Section Image
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About This Building

Map

Source: The MLS

MLS Number: 22-198131

The MLS

APN: 7266-013-143

California Los Angeles County Long Beach 90802 North Alamitos Beach

550 Orange Ave Unit 314, Long Beach, CA

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