See Home Value
$1,675,000
● House - Off Market

535 Panama Avenue

Long Beach, CA 90814
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,648 Ft²
$7,980
Est. Monthly

About This Property

Nestled in the coveted neighborhood of Alamitos Heights, this stunning residence seamlessly blends timeless charm with modern upgrades. Situated on an extra-wide 7,150 sq. ft. lot along picturesque Panama Avenue, this rare offering provides both elegance and versatility with a main residence, a fully finished garage/ADU, and a detached studio/office retreat.

The main home spans 1,648 sq. ft. and showcases rich hardwood flooring throughout. The expansive living room, anchored by a cozy fireplace, flows effortlessly into a sharp casual dining room and a beautifully updated kitchen complete with an island and newer appliances. The spacious primary suite opens through glass doors to an oversized patio and large backyard, creating a serene indoor-outdoor sanctuary. Two well-appointed bathrooms include a spa-like main bath with a sunken tub and separate shower, and a second bathroom with direct access to the primary suite.

Outside, the long driveway accommodates 2 - 3 cars and leads to the fully finished garage, perfect for an ADU, as it is thoughtfully outfitted with a kitchenette, half bath, and laundry. An added bonus is the separate 120 sq. ft. studio/office tucked into the back of the property that completes this exceptional layout - ideal for today's flexible lifestyle needs.

Located in the award-winning Long Beach School District, you are moments away from shopping, restaurants, Recreation Park Golf Course, Wilson High School, and the Long Beach State Baseball Stadium!!  This home is a rare opportunity to enjoy the beauty of Alamitos Heights, where tree-lined streets meet a vibrant coastal lifestyle!
Unit Size
1,648 Ft²
Days on Market
46 days
Land Size
0.16 acres
Price per sqft
$986
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951

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Last updated: 12 months ago (CRMLS #PW25198612)

Price History

Date / Event Date Event Price
Oct 24, 2025 Sold
Sold
Sep 19, 2025 In contract -
In contract
Aug 21, 2025 Listed by Compass $1,625,000
Listed by Compass

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 15
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,030
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,561
  • Building Area: 1,561
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,561
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STEARNS & COUNTS BAY TRACT
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: STEARNS AND COUNTS BAY TRACT S 5 FT OF LOT 6 AND ALL OF LOTS 8 AND LOT/SEC 10 BLK/DIV/TWN B

Neighborhood

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

Zoning

  • Zoning: LBR1N

Geography

  • Assessors Map Reference: 76-C5
  • Subdivision Tract Number: S
  • Parcel: 7246-009-004
  • Block: B
  • Lot: 6,8
  • Municipality: SOUTH /ALAMITOS HEIGHTS
  • Latitude: 33.7731
  • Longitude: -118.13

    Address

  • Full Address: 535 Panama Ave
  • Address - House Number: 535
  • Address - Street Name: Panama
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C011
  • 4-Digit Zip Code: 1953
  • Zip Code: 90814

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $629,918
  • Tax Rate Code Area: 05-500

    Appraisal Valuation

  • Standard Deviation: 0.2228
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,256,154
  • High Value: 1,536,056
  • Low Value: 976,251

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $507,603
  • Assessed Land Value: $253,712
  • Assessed Improvements Value: $253,891

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 11, 1995
  • Current Sale Recording Date: Jan 26, 1996
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 96-0150651

    Financing

  • First Mortgage Financing Type: VAR
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


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Frequently Asked Questions

When was property at 535 Panama Avenue built and last sold?
The property at 535 Panama Avenue was built in 1951 and last sold on Dec 11, 1995 for $265,000.
How much is this home worth?
The estimated value of the home located at 535 Panama Avenue is $1,641,250.
What are some comparable homes to 535 Panama Avenue?
There are currently no comparable homes to 535 Panama Avenue.