505 Panama Avenue

Long Beach CA 90814

1626 sq. ft.

6406 sq. ft.

Single-Family

Last sold for $1,695,000

Sarina Amersi, last sold this property on 29 December 2025 after 33 days on market.

Overview

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.

Features

3 bedrooms

3 bathrooms

2 carspaces

2 garage spaces

1626 sq. ft. floor area

6406 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Long Beach over the last 12 months, the estimated median property value of 505 Panama Avenue is $1.35m.

Median value

$1.35m

Estimated value range

$945k - $2.25m

Median days on market

Estimated value trend

-4%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Long Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.