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

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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 0.15.

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

Traditional

Lot Size

0.15

Year Built

1950

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

0025622159

Features
General
Living Area 1626.0
Heating Central See Remarks
Cooling Central Air
Roof Shingle Composition
Zoning LBR1N
HOA Fee 0.0
Patio/Porch Features Concrete Front Porch Covered
Architectural Style Traditional
Construction Materials Frame Stucco
3/4 Baths 0
Full Baths 3
Half Baths 0
Year Built 1950
View See Remarks
Levels One
Property Subtype Single Family Residence
Accessibility Other
County Los Angeles
New Construction No
Property Type A
Association Amenities Gas
HOA No
Attached Garage Yes
Contingency Active Under Contract
Status Active Under Contract
City Long Beach
Entry Location Ground Level w/steps
Senior Community Y/N No
MLS Area 2 - Belmont Heights Alamitos Heights
Lot Size Units Square Feet
Lot Size Square Feet 6406.0
Property Attached Y/N No
Additional Parcels Y/N No
Structure Type None
Standard Status Active Under Contract
Occupancy Type Owner
Year Built Source Assessor
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Interior
Interior Amenities Crown Molding Open Floorplan Kitchen Open to Family Room High Ceilings Recessed Lighting
Flooring Tile Wood Carpet
Kitchen Appliances Range Warming Drawer Dishwasher
Fireplace Features Wood Burning Living Room
Total Stories 0
Common Walls No Common Walls
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Blinds Double Pane Windows Drapes
Fireplace Y/N Yes
Total Bathrooms 3.0
Laundry Features In Garage
Total Baths 3
Total Bedrooms 3
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Exterior
Parking Features Driveway
Lot Features Lawn Back Yard Front Yard Landscaped Sprinklers Rectangular Lot
Lot Size Area 6406.0
Spa No
Pool Y/N? No
Building Area Total 1626.0
Lot Dimensions 50x130
Lot Size Acres 0.15
Land Lease Type Fee
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* Excluded Features
List By
Sarina Amersi

Listing Agent

Element Re, Inc

Broker

Affordability Calculator

$10,138
Per Month
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Monthly Principal & Interest
$10,138
Monthly Property Taxes
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Monthly Home Insurance
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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
793437 Elementary School
793428 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 0.15. 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