Why settle for a generic high-rise when you can own a landmark? This one-bedroom in the historic Lafayette is a rare "value-add" opportunity. The standout feature: a Mills Act contract that grants owners massive property tax savingsa significant hedge against inflation and a boost to your bottom line. While the interior is a blank slate awaiting restoration, the bones are irreplaceable. You get the security of controlled access, a fitness center,a game room, front desk concierge and a panoramic rooftop deck perfect for hosting events. Whether you're looking for a low-tax, a smart first purchase, or a creative renovation project, this is a strategic acquisition in a walkable coastal core. Ditch the inflated taxes and invest in Art Deco character. High ceilings, great light, and zero "cookie-cutter" energy.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Other Rooms
- Living Room
- Primary Bedroom
- Breakfast Bar
Appliances
- Laundry Features: Community
Interior Features
- Furnished Description: Unfurnished
- Flooring: Stained Concrete
Heating and Cooling
Land Info
- Lot Size Acres: 0.769
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 33496
Home Features
- View: City, City Lights
- Other Equipment: Garbage Disposal, Range/Oven, Refrigerator
- Security Features: 24 Hour, Fire and Smoke Detection System, Card/Code Access
Homeowners Association
- Association: Yes
- Association Amenities: Assoc Maintains Landscape, Assoc Barbecue, Assoc Pet Rules, Banquet, Billiard Room, Concierge, Controlled Access, Elevator, Exercise Room, Fitness Center, Outdoor Cooking Area
- Association Fee: 404
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 404
- Pet Features: Assoc Pet Rules, Call For Rules
Multi-Unit Info
Condo Info
- Unit Floor In Building: 6
School Information
- School District: Long Beach Unified
Other Property Info
- Source Listing Status: Active
- County: Los Angeles
- Directions: Between 1st St & Broadway on the East side.
- Source Property Type: Residential
- Area: Downtown Area, Alamitos Beach
- Property Subtype: condo
- Source Neighborhood: Downtown Area, Alamitos Beach
- Parcel Number: 7281-020-220
- Postal Code Plus 4: 4973
- Zoning: LBPD30
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 673
- Year Built: 1928
- Building Name: Lafayette
- Common Walls: Attached
- Direction Faces: North,East
- Entry Level: 1
- Levels: One Level
- Living Area Source: Vendor Enhanced
- Property Age: 98
- Property Condition: Fixer
- Levels or Stories: 0
- Structure Type: Condominium, Attached
- House Style: Art Deco
- Year Built Source: Vendor Enhanced
Accessibility Features