SELLER WILL CARRY WITH 20% DOWN. 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 interest hold often offers a more affordable entry point compared to traditional condos. Seller 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 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.
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Zillow last checked:
Listing updated:
Listed by:
Juan HuizarDRE #01417642562-307-0838,
Sage Real Estate Group, Inc.,
Ann TeDRE #02239577,
Sage Real Estate Group, Inc.
Source: CRMLS,MLS#: PW26147320Originating MLS: California Regional MLS
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Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 1
Main level bedrooms: 1
Rooms
Room types: Bedroom, Kitchen
Bedroom
Features: Bedroom on Main Level
Bathroom
Features: Separate Shower
Kitchen
Features: Laminate Counters
Heating
Electric
Cooling
None
Appliances
Included: Gas Range, Refrigerator
Laundry: Stacked
Features
Bedroom on Main Level
Flooring: Laminate
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls
Interior area
Total interior livable area: 749 sqft
Property
Parking
Parking features: None
Accessibility
Accessibility features: None
Features
Levels: One
Stories: 1
Entry location: Front from sidewalk
Pool features: None
Has view: Yes
View description: City Lights
Lot
Size: 7,503 Square Feet
Features: No Landscaping
Details
Parcel number: 7280011066
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Own Your Own
Attached to another structure: Yes
Condition
Updated/Remodeled
New construction: No
Year built: 1923
Utilities & green energy
Electric: Standard
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
Features: Street Lights, Sidewalks
Security: Security System, Fire Detection System, Smoke Detector(s)
Subdivision: Downtown (Dt)
HOA
Has HOA: Yes
Amenities included: Controlled Access, Gas, Game Room, Hot Water, Insurance, Trash, Water
Services included: Sewer
HOA fee: $504 monthly
HOA name: The American Apartments
HOA phone: 714-505-1444
Location
Region: Long Beach
Financial & listing details
Price per square foot: $601/sqft
Date on market: 7/7/2026
Listing terms: Cash,Cash to Existing Loan,Owner Will Carry
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.