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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.
Property Type(s):
Residential Income
| Last Updated | 4/28/2026 | Tract | Downtown (DT) |
|---|---|---|---|
| Year Built | 1923 | Community | 4 - Downtown Area, Alamitos Beach |
| County | Los Angeles |
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 |
Location
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Listed with Sage Real Estate Group, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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