See Home Value
$2,440,000
● House - Off Market

432 Panama

Long Beach, CA 90814
bedrooms
5 Beds
bathrooms
6 Baths
square feet
4,204 Ft²
$12,227
Est. Monthly

About This Property

Imagine coming home to your own private resort, where elegant interiors, tranquil views, and effortless indoor-outdoor flow make ordinary life feel like an escape. Welcome to 432 Panama Avenue, a truly special Long Beach residence designed for grand entertaining and elevated everyday living.

Soaring ceilings, rich hardwood floors, skylights, and beautiful architectural details create an immediate sense of light, space, and quiet luxury. The expansive living room centers around a dramatic double-sided fireplace shared with the sophisticated kitchen, which features granite countertops, gas cooktop, warming drawer, built-in oven and microwave, Sub-Zero refrigerator, walk-in pantry, generous bar seating, and dining area. The formal dining room captures peaceful fountain views, creating an elegant setting for memorable gatherings.

An impressive office with built-in, dark wood cabinetry, fireplace, and wet bar offers a sophisticated retreat for working or unwinding. A spacious downstairs bedroom suite with walk-in closet provides flexibility for guests or extended family, while the oversized laundry room adds everyday convenience.

Step outside to a private backyard oasis centered around a heated lap pool and jacuzzi, framed by beautiful slate-rock features and cascading waterfall. Swim in the morning, unwind in the spa at sunset, or gather poolside on warm Southern California evenings. Here, every day can feel like a vacation.

Upstairs, four additional bedrooms provide generous accommodations. The primary suite features a marble fireplace, built-in entertainment area, pool views, and large private balcony. Its luxe bath offers marble finishes, dual walk-in closets, vanity area, and two bathrooms. A second bedroom includes an en-suite bath and walk-in closet, while two additional bedrooms each offer walk-in closets and share a Jack-and-Jill bath.

With dual-pane windows, high ceilings, recessed lighting, lush carpet upstairs, abundant storage throughout, a three-car garage, and secure gated access to the rear, every detail has been thoughtfully considered.

More than a residence, 432 Panama Avenue is a place to gather, retreat, entertain, and make memories - a sophisticated yet welcoming sanctuary where resort-style living becomes part of everyday life.
Unit Size
4,204 Ft²
Days on Market
53 days
Land Size
0.15 acres
Price per sqft
$592
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1991

Payment Calculator

Cap Rate Calculator

Last updated: 16 days ago (CRMLS #PW26173505)

Price History

Date / Event Date Event Price
Sep 30, 2026 Sold
Sold
Sep 5, 2026 In contract -
In contract
Aug 7, 2026 Listed by Compass $2,490,000
Listed by Compass

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 7
  • Full Bathrooms: 7
  • Partial Bathrooms: 7
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 17
  • Building Style: 15
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 10
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 6,361
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,204
  • Building Area: 4,204
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 4,204
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE MERCANTILE TRACT
  • Land Acres: 0000000146
  • Standard Land Use Code: 1001
  • County Land Use Code: 0101
  • Legal Description 1: MERCANTILE TRACT LOTS 16 AND LOT/SEC 17

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 577606

Zoning

  • Zoning: LBR1N

Geography

  • Assessors Map Reference: 76-C5
  • Parcel: 7246-008-010
  • Lot: 16
  • Municipality: SOUTH /ALAMITOS HEIGHTS
  • Latitude: 33.7723
  • Longitude: -118.129

    Address

  • Full Address: 432 Panama Ave
  • Address - House Number: 432
  • Address - Street Name: Panama
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C011
  • 4-Digit Zip Code: 1909
  • Zip Code: 90814

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,418,769
  • Tax Rate Code Area: 05-500

    Appraisal Valuation

  • Standard Deviation: 0.2221
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 2,919,333
  • High Value: 3,567,767
  • Low Value: 2,270,898

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,170,801
  • Assessed Land Value: $350,482
  • Assessed Improvements Value: $820,319

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 03, 1999
  • Current Sale Recording Date: May 28, 1999
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 99-0976005
  • Previous Sale Recording Date: Jan 09, 1997
  • Previous Sale Contract Date: Nov 08, 1996
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: 36

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Alamitos Heights


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3500 Hathaway Ave., Long Beach, CA, 90815

$2,395 /mo

  • 1 Bed
  • 1 Bath
  • 586 ft²
3500 Hathaway Ave. #The Highland, Long Beach, CA, 90815 Listing by Equity Residential
Unit for rent at 736 Redonde Avenue, LONG BEACH, CA, 90804

$6,495 /mo

  • 4 Beds
  • 2 Baths
  • 1,530 ft²
736 Redonde Avenue #736, LONG BEACH, CA, 90804 Listing by Rajdeep Singh
Unit for rent at 6117 E Seaside, LONG BEACH, CA, 90803

$5,800 /mo

  • 2 Beds
  • 1 Bath
  • 1,240 ft²
6117 E Seaside, LONG BEACH, CA, 90803 Listing by Kathie Sitton


Frequently Asked Questions

When was property at 432 Panama Avenue built and last sold?
The property at 432 Panama Avenue was built in 1991 and last sold on May 3, 1999 for $777,000.
How much is this home worth?
The estimated value of the home located at 432 Panama Avenue is $2,514,900.
What are some comparable homes to 432 Panama Avenue?
There are currently no comparable homes to 432 Panama Avenue.