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Sold for $2,440,000
  • Listed by: Compass • Leslie Stonick • Contact: 562-818-5763
    Bought with: Mirza Real Estate
    $2,440,000

    432 Panama Ave, Long Beach, CA 90814

    5beds
    4,204sqft
    Single Family Residence
    Built in 1991
    6,361 Square Feet Lot
    $2,440,600 Zestimate®
    $580/sqft
    $7,800 Estimated rent

    Home value

    $2,440,600

    $2.32M - $2.56M

    $7,800/mo

    Zestimate® history
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    What's special

    Cascading waterfallDramatic double-sided fireplaceThree-car garageHeated lap poolPrivate backyard oasisLarge private balconyPeaceful fountain views
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Leslie Stonick DRE #01363678 562-818-5763,

    Compass

    Bought with:

    Naveeda Jama Mirza, DRE #00877710

    Mirza Real Estate

    Source: CRMLS,MLS#: PW26173505MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 7
    • Full bathrooms: 6
    • 1/4 bathrooms: 1
    • Main level bathrooms: 3
    • Main level bedrooms: 1
    Rooms
    • Room types: Bathroom, Bedroom, Entry/Foyer, Family Room, Great Room, Kitchen, Laundry, Library, Living Room, Primary Bedroom, Retreat, Dining Room
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathtub, Soaking Tub
    Other
    • Features: Dressing Area
    Kitchen
    • Features: Granite Counters, Kitchen Island, Pots & Pan Drawers, Walk-In Pantry
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Self Cleaning Oven
    • Laundry: Laundry Room
    Features
    • Beamed Ceilings, Wet Bar, Breakfast Bar, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, High Ceilings, Open Floorplan, Pantry, Storage, Track Lighting, Bar, Bedroom on Main Level, Dressing Area, Jack and Jill Bath, Primary Suite
    • Flooring: Wood
    • Doors: French Doors
    • Windows: Screens, Skylight(s)
    • Has fireplace: Yes
    • Fireplace features: Dining Room, Family Room, Gas, Library, Primary Bedroom, Multi-Sided
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 4,204 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Door-Multi, Garage
    • Attached garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Patio & porch: Rear Porch, Deck, Front Porch, Patio
    • Has private pool: Yes
    • Pool features: In Ground, Private
    • Has spa: Yes
    • Spa features: In Ground, Private
    • Fencing: Block,Stone,Wrought Iron
    Lot
    • Size: 6,361 Square Feet
    • Features: Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped
    Details
    • Parcel number: 7246008010
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mediterranean
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Slab
    Condition
    • Turnkey
    • New construction: No
    • Year built: 1991

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Biking, Curbs, Dog Park, Fishing, Golf, Park, Storm Drain(s), Street Lights, Water Sports
    • Subdivision: Alamitos Heights (Ah)
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $580/sqft
    • Tax assessed value: $1,242,460
    • Date on market: 8/8/2026
    • Cumulative days on market: 26 days
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    9/30/2026Sold$2,440,000-2%$580/sqft
    Source: CRMLS #PW26173505 Report a problem
    9/4/2026Pending sale$2,490,000$592/sqft
    Source: CRMLS #PW26173505 Report a problem
    8/9/2026Listed for sale$2,490,000+220.5%$592/sqft
    Source: CRMLS #PW26173505 Report a problem
    5/28/1999Sold$777,000+19.5%$185/sqft
    Source: Public Record Report a problem
    1/9/1997Sold$650,000$155/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,242,460 +2%
    2025$16,057 +4.5%$1,218,099 +2%
    2024$15,368 +1.7%$1,194,216 +2%
    2023$15,116 +6.5%$1,170,801 +2%
    2022$14,188 +2.1%$1,147,845 +2%
    2021$13,901 +0.3%$1,125,339 +1%
    2020$13,863 $1,113,801 +2%
    2019$13,863 +4.3%$1,091,963 +2%
    2018$13,297 $1,070,553 +2%
    2017$13,297 +1.1%$1,049,563 +2%
    2016$13,157 +7.8%$1,028,984 +1.5%
    2015$12,205 +5.1%$1,013,529 +2%
    2014$11,614 $993,676 +2.5%
    2012-- $969,791 +2%
    2011-- $950,776 +0.8%
    2010-- $943,671 -0.2%
    2009-- $945,914 +2%
    2008-- $927,367 +2%
    2007-- $909,184 +2%
    2006-- $891,358
    2005-- $891,358 +4%
    2004-- $856,747 +1.9%
    2003-- $841,046 +2%
    2002-- $824,556 +4%
    2000-- $792,540
    Find assessor info on the county website

    Neighborhood: Alamitos Heights

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,440,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,440,600