Welcome to the iconic Insurance Exchange Lofts in the heart of Downtown Long Beach’s vibrant Promenade—a stunning example of 1925 architecture reimagined through adaptive reuse. Originally the Middough Building, this historic gem offers true corner-unit living with exposed brick, soaring ceilings, and walls of north- and west-facing windows that flood the space with natural light. The open-concept kitchen features a massive island, granite countertops, stainless steel appliances, and custom walnut cabinetry, while the spa-like bath boasts a deep-soaking jacuzzi tub, rain shower, and dual vanities, plus a separate guest powder room. Central heat and A/C, secured fob entry, private parking, and a large personal storage room add comfort and convenience. Best of all, this Mills Act-registered building provides significant property tax savings—an extraordinary opportunity to own a piece of Long Beach history with modern flair.
Sold for $702,000
Listed by: Seven Gables Real Estate • Mark Hughes • Contact: 818-480-2864
Bought with: Re/Max R. E. Specialists
$702,000
207 E Broadway #302, Long Beach, CA 90802
1beds
1,360sqft
Condominium
Built in 1925
-- sqft lot
$700,000 Zestimate®
$516/sqft
$3,231 Estimated rent
Home value
$700,000
$630,000 - $777,000
$3,231/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Mark Hughes DRE #01930200 markhughesrealestate@gmail.com,
Seven Gables Real Estate
Bought with:
Estefanita Hands, DRE #01502653
Re/Max R. E. Specialists
Source: CRMLS,MLS#: OC25135286
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Rooms
- Room types: Bedroom, Foyer, Kitchen, Loft, Other, Pantry
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathtub, Dual Sinks, Jetted Tub, Stone Counters, Soaking Tub, Separate Shower
Kitchen
- Features: Granite Counters, Kitchen Island, Kitchen/Family Room Combo
Other
- Features: Walk-In Closet(s)
Pantry
- Features: Walk-In Pantry
Heating
- Central
Cooling
- Central Air
Appliances
- Included: 6 Burner Stove, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Dryer, Washer
Features
- Beamed Ceilings, Breakfast Bar, Built-in Features, Brick Walls, Cathedral Ceiling(s), Granite Counters, Pantry, Storage, Unfinished Walls, Bedroom on Main Level, Entrance Foyer, Loft, Walk-In Pantry, Walk-In Closet(s)
- Flooring: Concrete
- Windows: Atrium, Jalousie
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 1,360 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Garage, One Space, Community Structure
- Garage spaces: 2
Accessibility
- Accessibility features: No Stairs
Features
- Levels: One
- Stories: 1
- Entry location: hall
- Patio & porch: None
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: City Lights, Orchard
Lot
- Size: 5,055 Square Feet
Details
- Additional structures: Storage
- Parcel number: 7280019026
- Zoning: LBCC
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary,Traditional
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick, Drywall, Concrete
- Foundation: Brick/Mortar, Concrete Perimeter
- Roof: Flat
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1925
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Street Lights, Sidewalks, Urban
- Security: Key Card Entry
- Subdivision: Downtown (Dt)
HOA
- Has HOA: Yes
- Amenities included: Pets Allowed
- HOA fee: $460 monthly
- HOA name: InsuranceExchange
- HOA phone: 562-505-6204
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $516/sqft
- Date on market: 6/16/2025
- Cumulative days on market: 10 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2025 | Sold | $702,000-1.7%$516/sqft |
Source:  CRMLS #OC25135286 Report a problem | ||
| 7/1/2025 | Pending sale | $714,400$525/sqft |
Source: CRMLS #OC25135286 Report a problem | ||
| 6/17/2025 | Listed for sale | $714,400-8.3%$525/sqft |
Source: CRMLS #OC25135286 Report a problem | ||
| 5/9/2023 | Contingent | $779,000$573/sqft |
Source: CRMLS #PW23038063 Report a problem | ||
| 3/9/2023 | Listed for sale | $779,000+14.7%$573/sqft |
Source: CRMLS #PW23038063 Report a problem | ||
| 1/27/2022 | Contingent | $679,000$499/sqft |
Source: CRMLS #PW22010079 Report a problem | ||
| 1/20/2022 | Listed for sale | $679,000$499/sqft |
Source: CRMLS #PW22010079 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- 6/10Chavez Elementary SchoolGrades: K-5Distance: 0.6 mi
- 4/10Washington Middle SchoolGrades: 6-8Distance: 1.9 mi
- 7/10Polytechnic High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$700,000
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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
$700,000
- California
- Los Angeles County
- Long Beach
- 90802
- Downtown
- 207 E Broadway Unit 302
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