501 Panama Ave, Long Beach, CA 90814 is For Sale

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501 Panama Ave, Long Beach, CA 90814

5 beds5 baths3,737 sqft

Zestimate®: $2,044,228

A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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My Notes

Need a BIG Home? Look No Further because here it is! 5 Bedroom / 5 Bathroom Alamitos Heights Beauty. Gorgeously Unique and One of a Kind! This home is quite the house for entertaining! Grand Entry Double Front Door Welcomes You In. Vaulted and Beamed Ceiling in Front Room which could be used as a Formal Dining Room. Gourmet Kitchen with Huge Kitchen Island and Breakfast Bar. Step Down Living Room and Soaring Ceilings. French Patio Doors Lead out to the Patio and Pool. Two Bedrooms located downstairs, Master Suite features a Romantic Fireplace, French Doors lead out to the Patio & Pool. Remodeled Master Bathroom with Sunken Tub, Massive Tiled Shower and Double Sinks & Walk-In Closet. 2nd Bedroom Downstairs has it's own recently remodeled Bathroom. Bedroom 3 upstairs features it's own Loft and Private Balcony with it's own Full Bathroom. Bedroom 4 has a peek-a-boo view of the Golf Course and it's own Full Bathroom. There is a studio / loft with it's own entry that could be used as a Maids Quarters or other endless possibilities. Just steps to Colorado Lagoon, Recreation Park Golf Course & Marine Stadium...and, walking distance to all the TOP Schools, 2nd Street for Shopping, Fine Dining / Restaurants, and the Beach!  More Less 


  • Lot: 6,403 sqft
  • Single Family
  • Built in 1951
  • 307 days on Zillow
  • Cooling: None
  • Heating: Forced air
  • Last sold: Jul 2004 for $1,100,000
  • Price/sqft: $258


  • Flooring: Carpet, Hardwood, Laminate
  • Parking: Garage - Detached, 2 spaces
  • Pool
  • Vaulted Ceiling

    Room Types

    • Family room
    • Walk-in closet


    • Roof type: Other
    • Room count: 14
    • # Stories: 2.0
    • Structure type: Other
    • Unit count: 1


    • Floor size: 3,737 sqft
    • Last remodel year: 1979
    • Lot depth: 130
    • Lot width: 50
    • Parcel #: 7246009012
    • Zillow Home ID: 21217907

    Zestimate Details

    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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    +$88,158 Last 30 days
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    +$405 Last 30 days
    Zestimate range
    Zestimate forecast
    One year
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    Popularity on Zillow

    Trending! This home is one of the top 10% most visited in the neighborhood this week.
    10,931 views since listing
    11,069 all-time (chart)
    93 shoppers saved
    this home to their list of favorites

    Home Expenses

    Internet, phone and TV
    Home security


    Market guide

    Zillow predicts Alamitos Heights home values will rise 2% next year, compared to a 1.1% rise for Long Beach as a whole. Among Alamitos Heights homes, this home is 13.4% more expensive than the midpoint (median) home, but is priced 41.2% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In Alamitos Heights, the number of foreclosures waiting to be sold is 30.3% higher than in Long Beach, and 108.4% higher than the national average. This higher local number may prevent Alamitos Heights home values from rising as quickly as other regions in Long Beach.

    Learn more about forecast calculations or Alamitos Heights home values.
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      Nearby Schools in Long Beach

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org