505 Panama Avenue Long Beach, CA $ 1,625,000
505 Panama Avenue
$ 1,625,000
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505 Panama Avenue

Long Beach, CA, 90814
$ 1,625,000
Bedrooms3 Baths3.0 Sq 1,626

Monthly Estimate*

$ 10,138

Listed by Element RE, Inc
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Single Family Home for sale in Long Beach, CA

for $1,625,000 with 3 bedrooms and 3 full baths. This 1,626 square foot home was built in 1950 on a lot size of 0.1471.

Experience the best of the Southern California lifestyle at 505 Panama Ave, a beautifully maintained single-level California bungalow set along one of Alamitos Heights' most picturesque and established residential streets. A welcoming front porch leads into a bright living space filled with natural light and warm hardwood floors, creating an immediate sense of ease and comfort. The layout is ideal with the living area at the front, bedrooms centered for privacy and the kitchen and dining area positioned at the back with direct access to the backyard. Both the primary suite and the dining room open to the outdoor space, creating a calm and connected indoor-outdoor flow that works beautifully for everyday living. The backyard is private and serene with fruit-bearing trees that add character and a relaxed garden feel. Updates include dual-pane windows installed in 2022, a tankless water heater, an EV charger that remains with the home and owned solar panels that provide long-term efficiency. Front door has August Smart Lock and can be opened by keypad or phone/app. Home is also wired with Google Home Cameras and ADT Security System. This coastal corridor location offers access to some of Long Beach's most loved outdoor spaces along with exciting improvements underway nearby. Marine Stadium, just moments from the home, is set to host events for the upcoming Olympics. The in-progress Colorado Lagoon Open Channel Project is enhancing tidal flow and expanding shoreline pathways, creating an even more dynamic outdoor environment just blocks away. Nearby highlights include Marina Vista Park, Colorado Lagoon, Recreation Park Golf Course, Wilson High School and the Pete Archer Rowing Center. Neighborhood favorites are just steps away, such as the Wednesday Farmer's Market and Concerts in the Park which add to the community feel. Highly regarded schools, proximity to Cal State Long Beach, Belmont Shore amenities and convenient freeway access round out the appeal. A rare single-level opportunity in a coveted coastal neighborhood with charm, thoughtful updates and exceptional access to Long Beach's best outdoor amenities.

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Single Family Contingent

Price

$ 1,625,000

Bedrooms

3

Full Bath

3

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.1471

Year Built

1950

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

25622159

Days on Market

30

Features
General
Living Area 1626
Sewer Other
Heating Central
Cooling Central Air
Possession Close Plus 3 Days
Roof Composition Shingle
Appliances Dishwasher Range Warming Drawer
Zoning LBR1N
HOA Fee 0
Garage Spaces 2
Patio/Porch Features Concrete Covered Front Porch See Remarks
Architectural Style Traditional
Pool Features None
Construction Materials Frame Stucco
Year Built 1950
Stories Count 1
Levels One
Property Subtype Single Family Residence
County Los Angeles
New Construction false
Property Type Residential
HOA false
Attached Garage true
Garage Y/N true
Other Structures Shed(s)
Full Baths 3
Special Listing Conditions Standard
Status Active Under Contract
Directions Between 4th St and 6th St
City Long Beach
Entry Location Ground Level w/steps
Senior Community Y/N false
High School District Long Beach Unified
MLS Area 2 - Belmont Heights Alamitos Heights
Lot Size Units Square Feet
Lot Size Square Feet 6406
Spa Features None
Property Attached Y/N false
Additional Parcels Y/N false
Lease Considered Y/N false
Standard Status Active Under Contract
Occupancy Type Owner
Year Built Source Assessor
Property Sub Type Additional Single Family Residence
Expected Active Date 2025-11-25
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Interior
Interior Amenities Breakfast Bar Crown Molding Eat-in Kitchen High Ceilings Open Floorplan Recessed Lighting Walk-In Closet(s)
Flooring Carpet Tile Wood
Furnished Y/N Unfurnished
Fireplace Features Gas Living Room Wood Burning
Total Stories 0
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Double Pane Windows Drapes
Fireplace Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features In Garage
Total Bedrooms 3
Total Baths 3
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Exterior
Parking Features Door-Multi Driveway Garage
Lot Features Back Yard Front Yard Lawn Landscaped Rectangular Lot
Total Parking 2
Lot Size Area 6406
Spa false
Building Area Total 1626
Lot Dimensions 50x130
Lot Size Acres 0.1471
Private Pool false
Lot Size Source Assessor
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* Excluded Features
List By
Element Re, Inc

Broker

sarina@sarinaamersirealestate.com

Email

Affordability Calculator

$10,138
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Monthly Principal & Interest
$10,138
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/25/2025$1,625,000 Listed Price

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505 Panama Avenue, Long Beach, CA, 90814 is a Single Family Home for sale at $1,625,000 with 1,626 sqft and a lot size of 0.1471. 505 Panama Avenue has 3 bedrooms, 3.0 baths, and was built in 1950. The property's zip code is 90814 which is in Long Beach, CA