$485,000
●
House -
Off Market
408 Orange
Long Beach, CA 90802
2 Beds
1 Bath
580 Ft²
$2,450
Est. Monthly
About This Property
Just minutes from the shoreline and the trendy East Village Arts
District, this beautifully updated two bed one bath home blends
timeless charm with modern comfort. Every inch has been
thoughtfully renovated, showcasing quality finishes and a warm,
inviting style.
Major upgrades include a new roof, new dual-pane windows, central air and heat, and a tankless water heater-all providing efficiency, convenience, and peace of mind. The home also offers laundry hookups, an invaluable feature in this sought-after area.
Step outside to a spacious backyard, ideal for entertaining, gardening, or creating your own outdoor oasis. With exceptional walkability, you're moments from cafes, restaurants, boutiques, nightlife, and all the energy of Downtown Long Beach.
Whether you're a first-time buyer, an investor, or simply looking to enjoy the best of coastal city living, this home is the perfect blend of location, style, and comfort.
Permit Parking available at the senior living center across the street.
Major upgrades include a new roof, new dual-pane windows, central air and heat, and a tankless water heater-all providing efficiency, convenience, and peace of mind. The home also offers laundry hookups, an invaluable feature in this sought-after area.
Step outside to a spacious backyard, ideal for entertaining, gardening, or creating your own outdoor oasis. With exceptional walkability, you're moments from cafes, restaurants, boutiques, nightlife, and all the energy of Downtown Long Beach.
Whether you're a first-time buyer, an investor, or simply looking to enjoy the best of coastal city living, this home is the perfect blend of location, style, and comfort.
Permit Parking available at the senior living center across the street.
Unit Size
580 Ft²
Days on Market
177 days
Land Size
0.04 acres
Price per sqft
$860
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1912
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 months ago (CRMLS #PW25266093)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 21, 2026 | Sold | ||
| Sold | |||
| Apr 29, 2026 | In contract | - | |
| In contract | |||
| Mar 25, 2026 | Price Decreased |
$498,900
↓ $25K
(4.7%) | |
| Price Decreased | |||
| Mar 11, 2026 | Price Decreased |
$523,500
↓ $5K
(1%) | |
| Price Decreased | |||
| Feb 3, 2026 | Price Decreased |
$528,900
↓ $35K
(6.1%) | |
| Price Decreased | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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HOA + Taxes
About Franklin School
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Listed by: Matthew Tilley, First Team Real Estate
Last Updated: 6 months ago
Data Source: CRMLS, MLS# PW25266093
Last Updated: 6 months ago
Data Source: CRMLS, MLS# PW25266093
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