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Status: ACTIVE

50 Elm Ave #4 
Long Beach, CA 90802

5% Drop

$385,000

$364,000

------/mo*
Calculate
MAJOR PRICE IMPROVEMENT. Welcome to the Beach Life when you reside in this one bedroom condo (eligible for FHA spot approval) in the East Arts Village District in thriving downtown Long Beach. The walkscore from your new home is 96 which gives you easy access to Pine Avenue, The Pike, museums, dining, Aquarium and other venues at the waterfront and the METRO to downtown LA and points beyond. The condo is located in the smaller Orleans complex, an undiscovered gem, which consists of twelve units. This lower unit has a large living room with a newer bay window providing great natural light and enjoyable courtyard views. The spacious fully equipped kitchen includes beautiful hickory cabinets, a writing desk, some other original features and a large, annexed dining area. The bedroom has two closets and there is a separate closet, adjacent to the beautiful bathroom, which contains a stackable laundry. This condo has one of the only 3 permitted in unit laundries. Low monthly HOA dues are only $293 (or $.41 per square foot) which makes this a very affordable alternative home to most the condos on Ocean Blvd (one half block away) which have HOA dues as high as $1.00 per square foot. The complex has earthquake insurance. The HOA has STRONG financial reserves. Monthly parking is available @ the adjacent Chase bank for $100. Some of the photos are virtually staged. Don't miss this opportunity to enjoy the beach life in downtown Long Beach.
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Bedrooms
1
Baths
1
House Size
713 sqft
Year Built
1951
Lot Size
0.17 ac

Location

Market Insights

In the last 30 days, homes for sale in 90802, Long Beach, CA were on the market for a median of 86 days and 11.11% of homes sold above list price.

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Interior Information

appliances
Microwave
Refrigerator
Gas Oven
Gas Range

Property Information

community
Sidewalks
hoa fees
$293.00
Monthly
sewer
Public Sewer
water source
Public
  • Listed By Jack Nendel
  • jacknendel@gmail.com
  • (562) 754-9941
  • RE/MAX Platinum Realty
  • (951) 677-1106
  • dan@platinumsocal.com
  • MLS SW24207014

Monthly Payments Calculator

Estimated Monthly Cost

$2,714

30 year fixed·6.9% interest rate
Principal & Interest
$1,918
Property Taxes
$303
Home Insurance
$200
HOA Fees
$293
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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