Welcome to this unique and highly desirable opportunity to own two separate studio units being sold together as one parcel in the heart of vibrant downtown Long Beach. Whether you're looking to expand your portfolio or secure a property with income-generating potential from day one, this versatile offering delivers both value and charm. Each unit is housed in a beautifully preserved 1920s historic building, thoughtfully updated to meet modern needs while retaining its vintage appeal. Both units feature full kitchens with gas stoves and refrigerators, laminate flooring, quartz countertops, and charming layouts that maximize function and Investor's Dream. This is the perfect buy for seasoned investors, 1031 exchange buyers, or owner-occupants seeking passive income and long-term appreciation in one of Southern California's fastest-growing coastal cities. Located just blocks from the beach, restaurants, shopping, public transportation, nightlife, and local attractions like theaters and the waterfront, this is one of the most walkable and dynamic areas in Long Beach. With the added bonus of being one block from the Blue Line, it's a commuter's dream. Don't let this investment property pass you by!
Property Features
Bedrooms
- Bedrooms: 1
- Bedrooms On Main Level: 1
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathrooms On Main Level: 1
- Bathroom 1 Features: Low Flow Shower, Low Flow Toilet(s), Shower, Tile Counters
Interior Features
- Ceramic Counters
- Granite Counters
- Open Floorplan
- Flooring: Vinyl, Wood
- Window Features: Double Pane Windows
Other Rooms
- Kitchen, Primary Bathroom, Primary Bedroom
Heating and Cooling
- Fireplace Features: Fireplace: Yes
Kitchen and Dining
- Breakfast Room Description: In Kitchen
- Kitchen Features: Granite Counters
Waterfront and Water Access
Land Info
- Lot Description: Near Public Transit, Walkstreet
- Lot Size Acres: 0.1722452
- Lot Size Source: Assessor
- Lot Size Square Feet: 7503
Exterior and Lot Features
- Road Frontage Type: City Street
Home Features
Homeowners Association
- Association: Yes
- Association Amenities: Recreation Room, Meeting Room, Storage, Gas, Insurance, Trash, Sewer, Water
- Association Fee: 252
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 252
Multi-Unit Info
School Information
- School District: Long Beach Unified
Amenities and Community Features
- Community Features: Sidewalks, Street Lights, Suburban
Other Property Info
- Source Listing Status: Active
- County: Los Angeles
- Directions: East of Chestnut Ave West of Pacific Ave
- Source Property Type: Residential
- Area: 4 - Downtown Area, Alamitos Beach
- Property Subtype: condo
- Source Neighborhood: Downtown (DT)
- Parcel Number: 7280011066
- Postal Code Plus 4: 2862
- Subdivision: Downtown (DT)
- Zoning: LBR4N
- Property Subtype: Own Your Own
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 749
- Year Built: 1923
- Common Walls: 2+ Common Walls
- Entry Location: 2
- Living Area Source: Assessor
- Property Age: 102
- Property Attached: Yes
- Property Condition: Additions/Alterations, Repairs Cosmetic
- Roof: Common Roof
- Levels or Stories: Multi/Split
- Building Total Stories: 3
- Structure Type: Multi Family
- Year Built Source: Assessor
Utilities
- Sewer: Public Sewer
- Water Source: Public