555 Maine Avenue 116
Long Beach, CA, 90802
$525,000
MLS: PW26079579
Beds
2
Baths
2
Sq Ft
916
Lot
1.25 ac
Year Built
1991
MLS #
PW26079579
Days on Market
7
Listed
Apr 13, 2026
Description
Step into coastal city living with this charming first-floor condo at 555 Maine Ave, Unit 116, in the heart of Downtown Long Beach. This thoughtfully designed home checks all the boxes, starting with a smart split-bedroom layout that offers both privacy and functionality. The open-concept kitchen and living area create a seamless flow, anchored by a cozy gas fireplace - perfect for unwinding after a day at the beach. Recent upgrades, including a brand-new HVAC system (2024), stackable washer/dryer (2021), updated plumbing, and two dedicated parking spaces, ensure comfort and convenience. Nestled in the sought-after Emerald Villas community, you’ll enjoy resort-style amenities like a sparkling pool and spa, fitness center, rooftop deck with stunning views, gated underground parking, and lushly landscaped grounds. Best of all, this vibrant location places you just five blocks from the beach and within minutes of Pine Avenue’s dining scene, Shoreline Village, East Village Arts District, and The Pike. Need to commute? Easy access to the 710 & 405 Freeways and the Blue Metro Line makes getting around a breeze. Don’t miss your chance to invest in a piece of growing Long Beach. Schedule a showing today!
Location
Long Beach, Los Angeles County, CA 90802
Open on Google Maps ↗Listed by: Amy Tsang · Compass
Payment estimate
$3,947
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $52,500 · Loan: $472,500
- Principal & Interest
- $2,903
- Property tax (1.25%)
- $547
- Homeowners insurance
- $300
- Mortgage insurance
- $197
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 $18,375 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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