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50 Elm Ave Unit 4, Long Beach, CA, 90802

$440,000

Home List Price

$5,225*

Closing Credit

1 Bedroom
1 Full Bath
713 SqFt
$617/SqFt
Condo

Location

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50 Elm Ave Unit 4, Long Beach$440,000

Buyer Closing Credits

$5,225*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNone
Year Built1951
HeatingWall Furnace
CoolingNone
FireplaceNone
ViewNone
MLS #SW24207014
Lot Size0.17 Acres
StatusActive

About 50 Elm Ave Unit 4

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 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. 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 $1.30 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 and the furniture included in the virtual tour is being removed. Also, the photos of the city as depicted in the virtual tour are generic photos provided by the the photographer. Don't miss this opportunity to enjoy the beach life in downtown Long Beach.

Property Details

Property Features

Property Information:

  • Year Built: 1951
  • Stories: 2
  • Living Area: 713 SqFt

Listing Office:

  • Office Name: RE/MAX Platinum Realty
  • Office Email: jacknendel@gmail.com
  • Listing Agent: Jack Nendel

Interior Features

Interior Information:

  • Appliances: Gas Oven, Gas Range, Microwave, Refrigerator
  • Interior: Breakfast Area, Ceiling Fan(s), Ceramic Counters, All Bedrooms Down, Main Level Primary
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: From East Ocean Blvd, go north on Elm Avenue for a half a block

Price Information

Listing Price Info

Price Summary:

  • List Price: $440,000
  • Price Per SqFt: $617/SqFt

HOA Fees:

  • Amount: $293
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,359
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Long Beach, CA.

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Long Beach, CA

City

Med. Sold Price

$824.6K

Med. Price/SqFt

$633

Avg. Days On Market

34

# of Sold Homes

212

50 Elm Ave Unit 4 vs Long Beach

46 DAYS ON ROCKET

+12 Days

$440,000

-$384.6K Less

$617/SqFt

-$16 Less

KEY TAKEAWAY

This property is $384.6K less than the Median Sold Price and $16/SqFt less than other homes in Long Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SW24207014

Listing Office:

  • Office Name: RE/MAX Platinum Realty
  • Office Email: jacknendel@gmail.com
  • Listing Agent: Jack Nendel

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 5:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,359$97,913
2020$1,334$96,910
2019$1,295$95,011
2018$1,278$93,149
2017$1,278$91,324

History based on county public records data.

Payment Calculator

$2,557

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,386

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-931459
5
/10

  • Robert Louis Stevenson Elementary School

  • 515 Lime Ave

  • 0.44 miles

  • Public District Grades KG-5

school-card-donut-931460
5
/10

  • Oropeza Elementary School

  • 700 Locust Ave

  • 0.61 miles

  • Public District Grades KG-5

school-card-donut-931461
3
/10

  • Chavez Elementary School

  • 730 W 3rd St

  • 0.81 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,908. The majority of Long Beach, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 50 Elm Ave Unit 4

What is the listing price of this property?

The listing price of 50 Elm Ave Unit 4 property is $440,000.

What type of property is this?

The property 50 Elm Ave Unit 4 is a condo located in Long Beach, California, 90802.

Is this property for sale now?

Active Listing: 50 Elm Ave Unit 4 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,359 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 50 Elm Ave Unit 4 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 50 Elm Ave Unit 4 is 713 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 50 Elm Ave Unit 4 is 1951.

Rocket Homes›California›Los Angeles County›Long Beach›90802›50 Elm Ave Unit 4

This home is located at 50 Elm Ave Unit 4 in Long Beach, CA and zip code 90802 in the The Harbor neighborhood. This 713 square foot home, which was built in 1951, sits on a 0.17 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 08, 2024 and is currently priced at $440,000.

Over 94 listings were sold over their listed price in October 2024 in Long Beach, CA. In the same period over 83 listings were sold below the listed price and 35 listings were sold for the listed price. In October 2024 in Long Beach, CA there were 0.1% less homes for sale than in September 2024. In October 2024 median list price was $824,667 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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