tomo logo

$524,000

Beds
2
Baths
1.0
sq ft
818

550 Orange Ave Unit 429, Long Beach, CA 90802

550 Orange Ave Unit 429

Long Beach, CA 90802

  • 7 days on market
Discover the perfect blend of comfort, style, and convenience in this stunning top-floor condo. Nestled in a private alcove within the community, this unit offers a sanctuary above the vibrant cityscape of downtown Long Beach. This secure community provides two assigned subterranean parking spaces with separate entrances for added convenience, 24/7 security camera coverage, and daytime patrols for peace of mind. Residents enjoy resort-style amenities, including elevator access, a sparkling pool and spa, and a recreation room perfect for gatherings. Inside, the home boasts a modern kitchen equipped with brand-new stainless steel appliances, ideal for creating culinary masterpieces. The bright and spacious living room features vaulted ceilings that create an open and airy atmosphere, enhanced by an abundance of natural light. A cozy gas fireplace invites relaxation, while the private balcony offers sweeping views of downtown and is perfect for outdoor lounging and BBQs. The convenience of in-unit laundry is elevated with brand-new stackable stainless steel washer and dryer units. Two sunlit bedrooms provide a serene retreat, while the upgraded bathroom features dual sinks, a new mirror, and stylish hardware, adding a touch of luxury to your daily routine. This exceptional condo combines the best of urban living with the tranquility of a gated community. With its unbeatable location, thoughtful upgrades, and premium amenities, this home is ready to impress.

Details

Property type

Condominium

Est. home value

$518,779

Lot size

2.1891 acres

Price per sq ft

$641

Year built

1985

Monthly HOA fee

$430

Price History

01/15/2025
CRMLS

CRMLS #OC25009424

Listed
$524,000
+0.77%
10/23/2023
CRMLS

CRMLS #PW23181076

Sold
$520,000

Schools & Community

Neighborhood: 

Hellman

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Curbs

High school district: 

Long Beach Unified

Number of units in community: 

163

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

-$5,865
Asking price
$524,000
Closing costs (~8% of asking)
-$41,920
Est. remaining loan balance
-$487,945
Cash to seller
-$5,865

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

October 2023

Original loan amount

$494,000

Est. remaining balance

$487,945

Interest rate

7.23%

Loan type

New Conventional, 30 year

Seller

Rebecca Meastas

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/21/2025 at 11:45 PM

Listing updated: 01/20/2025 at 1:40 PM

Listed by: Kate Olivas, First Team Real Estate Phone #: (562) 596-9911

MLS: CRMLS #OC25009424

CRMLS logo

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