550 Orange Avenue 337
Long Beach, CA, 90802
$399,000
Original list price: $425,000
MLS: 26834005
Beds
1
Baths
1
Sq Ft
697
Lot
2.19 ac
Year Built
1985
MLS #
26834005
Days on Market
91
Listed
May 12, 2026
Description
Lender assistance program for the down payment (FHA financing). You may buy this unit with no downpayment out of your pocket! Fully remodeled 1 bed, 1 bath condo with one parking spot assigned. Upgraded from head to toe a couple of years ago: new laminated floors throughout, newer bathroom, newer kitchen cabinets, newer kitchen appliances. Washer and dryer hook ups inside of the unit. Bedroom with two spacious walking closets. Gas fireplace at living room area. Small patio outside of bedroom/living room area. No other unit above the subject. Subterranean gated parking with one parking spot assigned. Walking distance to Ocean Blvd and Los Alamitos Beach. Pets allowed per HOA rules.
Location
Long Beach, Los Angeles County, CA 90802
Open on Google Maps ↗Listed by: Jaime Ruiz Romero · Beverly & Company Luxury Properties
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$3,640
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $39,900 · Loan: $359,100
Average 30-yr fixed rate 6.69% as of Aug 6, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,315
- Property tax (1.25%)
- $416
- Homeowners insurance
- $300
- Mortgage insurance
- $150
- HOA dues
- $460
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 Aug 6, 2026
- 30-year fixed
- 6.69%
- 15-year fixed
- 6.01%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $13,965 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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Local Market Stats
See Long Beach, CA 90802 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
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