El Dorado Lakes Condo Loans
Surrounded by tranquil lakes, mature trees, and beautifully landscaped grounds, El Dorado Lakes offers a peaceful residential lifestyle in the heart of East Long Beach. The community’s scenic water features, walking paths, and park-like setting create a quiet retreat from the city’s pace while remaining conveniently close to shopping, dining, and everyday conveniences.
El Dorado Lakes is also considered a non-warrantable condo project, which can limit financing with many traditional lenders. At Pizarro Mortgage, we specialize in non-warrantable condo financing and help buyers navigate both the financing process and purchase strategy when buying in the building.
About El Dorado Lakes
7890 E. Spring St.
Long Beach, CA 90815
Located in East Long Beach, El Dorado Lakes places residents just minutes from El Dorado Regional Park, the El Dorado Nature Center, California State University, Long Beach, Long Beach Exchange, and a variety of shopping, restaurants, and outdoor recreation. Nearby access to the 605 and 405 freeways provides convenient travel throughout Long Beach, Orange County, and the greater Los Angeles area.
Originally completed in 1973, El Dorado Lakes consists of 260 condominium residences thoughtfully arranged around scenic lakes, streams, and beautifully landscaped walking paths. The community offers one- and two-bedroom floor plans, with many homes featuring private patios or balconies overlooking the water, lush greenery, or tranquil common areas. Residents enjoy a resort-inspired atmosphere created by mature landscaping, water features, swimming pools, spas, and beautifully maintained grounds that make El Dorado Lakes one of East Long Beach’s most distinctive residential communities.
Price: $300K – $650K
HOA Days: $400 – $1,100/mo
El Dorado Lakes Amenities
Pool & Spa
Resort-style pool
& spa
Tennis Courts
Private courts for residents
Fitness Center
On-site gym & wellness facilities
Club House
Club house with game room
Dining & Shops
Restaurant & shops nearby
Dog Park
Dog Park and Park nearby
El Dorado Lakes Condos for Sale & Financing
Browse the latest El Dorado Lakes condos for sale in Long Beach. Listings update automatically, making it easy to explore available condos, compare prices, and learn about financing options before scheduling a showing.
El Dorado Lakes Loan Options
For buyers purchasing in El Dorado Lakes, specialized non-warrantable condo financing may provide more flexible options than traditional condo loans.
Condo Purchase
Primary, second home & investment condo loans
Condo Refinance
Rate & term and cash-out refinance solutions
Condo HELOC
Access condo equity without refinancing
Alternative Loans
Bank statement, asset-based & DSCR financing
Non-Warrantable Condo Financing Features
Specialized financing for El Dorado Lakes, including options that many traditional lenders don't offer.
15% Down Available
Loan Amounts Up to $5M
Bank Statement Programs
Repair Issues Accepted
Litigation Accepted
Budget Issues Accepted
Primary Residence
Second Home
Investment Property
How We Help El Dorado Lakes Buyers
Pre-Approval Review
Review credit, income, and assets so you can shop confidently.
Condo Project Review
Review HOA, litigation, budget, reserves and condo project eligibility.
Offer Strategy
Help structure a competitive offer with financing in mind.
Financing + Guidance
One point of contact for financing and purchase guidance.
Frequently Asked Questions
Yes. El Dorado Lakes is generally considered a non-warrantable condo project, which may limit financing with some traditional lenders.
Yes. Financing options may still be available depending on the condo project review, borrower profile, and loan program.
El Dorado Lakes condos for sale include one-bedroom loft-style residences, two-bedroom residences, and select three-bedroom residences. Pricing varies based on the floor plan, square footage, lake or garden views, upgrades, and current market conditions. Browse the live El Dorado Lakes condo listings above to see the latest condos available and current asking prices.
Down payment requirements vary depending on the financing program and borrower profile.
Yes. Investment financing options may be available depending on the loan program and condo project review.
In some cases, yes. Condo HELOC options may be available depending on borrower profile and project eligibility.
Yes. Because Pizarro Mortgage is also a real estate brokerage, we can help guide buyers through both financing and the purchase process.
Working with a lender familiar with non-warrantable condos and condo project financing may help avoid surprises during escrow.
Ready to buy at El Dorado Lakes?
Whether you're purchasing your first condo, a second home, or an investment property, we'll help you understand your financing options before you make an offer.
