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Rare opportunity to own two studio units (#201 and #203) in one transaction in the heart of Downtown Long Beach. This is an Own Your Own (OYO) property"”meaning buyers purchase shares in a corporation that owns the building, granting exclusive occupancy rights to the units. This structure often offers a more affordable entry point compared to traditional condos. Financing is available, inquire from listing agent. Both studios have been remodeled and are move-in ready, featuring updated finishes and a clean, modern feel. Ideal for an owner-user strategy"”live in one unit while generating income by renting out the other. Positioned in a highly desirable location, just steps from the vibrant energy of Pine Avenue and 3rd Street Promenade, with easy access to restaurants, bars, cafes, and boutique shops. With major global events on the horizon"”including matches for the FIFA World Cup 2026 and the 2028 Summer Olympics"”this property offers strong potential for future rental demand and long-term growth. A versatile investment in a prime location"”don't miss this unique opportunity. HOA covers gas, water, sewer, trash, building insurance and common areas.
| DAYS ON MARKET | 33 | LAST UPDATED | 4/28/2026 |
|---|---|---|---|
| TRACT | Downtown (DT) | YEAR BUILT | 1923 |
| COMMUNITY | 4 - Downtown Area, Alamitos Beach | COUNTY | Los Angeles |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AMENITIES | Sewer |
| APPLIANCES | Gas Range, Microwave, Vented Exhaust Fan, Washer/Dryer Stacked |
| AREA | 4 - Downtown Area, Alamitos Beach |
| HEAT | None |
| HOA DUES | 504|Monthly |
| INTERIOR | Entrance Foyer, Laminate Counters, Open Floorplan |
| LOT | 7501 sq ft |
| LOT DIMENSIONS | 7503 |
| PARKING | None |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | Downtown (DT) |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights, Neighborhood |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 5/29/26 8:40 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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