550 Orange Avenue 234
Long Beach, CA, 90802
$445,000
MLS: CV26041407
Beds
2
Baths
1
Sq Ft
818
Lot
2.19 ac
Year Built
1985
MLS #
CV26041407
Days on Market
53
Listed
Feb 25, 2026
Description
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! ** This property qualifies for the City of Long Beach First-Time Homebuyer Assistance Program
Location
Long Beach, Los Angeles County, CA 90802
Open on Google Maps ↗Listed by: Gina Jackson · NEXT Brokerage
Payment estimate
$3,391
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $44,500 · Loan: $400,500
- Principal & Interest
- $2,461
- Property tax (1.25%)
- $464
- Homeowners insurance
- $300
- Mortgage insurance
- $167
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 $15,575 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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