505 Cedar Avenue 2A
Long Beach, CA, 90802
$399,900
MLS: IV26011627
Beds
2
Baths
2
Sq Ft
989
Lot
0.16 ac
Year Built
1962
MLS #
IV26011627
Days on Market
87
Listed
Jan 17, 2026
Description
This updated Long Beach condo welcomes you with a private entry courtyard and a bright, airy interior. The living room is filled with natural light from a large wall of picture windows and features flush-mount lighting and light-toned luxury plank flooring that continues throughout the home. The dining area offers additional windows with neighborhood palm tree views, and a kitchen pass-through makes everyday living and entertaining convenient. The remodeled kitchen includes white cabinetry, quartz countertops, a stainless steel double sink with high-arc faucet, and black and stainless steel appliances. The spacious primary suite features two full-length mirrored wardrobe closets and direct access to an updated ensuite bathroom with a glass-enclosed walk-in shower, tiled surround, modern fixtures, and a quartz-topped vanity. The secondary bedroom also offers mirrored wardrobe doors for ample storage. A remodeled hall bathroom includes a tub/shower with glass doors, quartz counters, new flooring, and updated fixtures. Raised-panel doors and clean finishes add to the home’s refreshed feel. Ideally located with a walkability score of 94 and bike score of 86, you’ll enjoy easy access to local shops, restaurants, boutiques, the waterfront, and the new Modern Civic Center. Commuter-friendly with Metro Blue Line access and nearby freeways, this condo also offers strong rental potential. An affordable opportunity in a highly desirable area—don’t miss it.
Location
Long Beach, Los Angeles County, CA 90802
Open on Google Maps ↗Listed by: COLLEEN CHOISNET · Berkshire Hathaway HomeServices California Realty
Payment estimate
$3,078
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $39,990 · Loan: $359,910
- Principal & Interest
- $2,211
- Property tax (1.25%)
- $417
- Homeowners insurance
- $300
- Mortgage insurance
- $150
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $13,997 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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