323 W 4th #201, 203, Long Beach, CA 90802
323 W 4th #201, 203, Long Beach, CA 90802
323 W 4th #201, 203, Long Beach, CA 90802
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Diego Magdaleno

Diego Magdaleno

+1(714) 376-8652
$499,000
Est. payment /mo
7,501 Sqft Lot
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Own Your Own

Listing Status Active

Purchase Type For Sale

Subdivision Downtown (Dt)

MLS Listing ID PW26090859

HOA Fees $504/mo

HOA Y/N Yes

Year Built 1923

Lot Size 7,501 Sqft

Property Sub-Type Own Your Own

Property Description

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.
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.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Interior

Interior Features Laminate Counters, Open Floorplan, Entrance Foyer

Heating None

Cooling None

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Gas Range, Microwave, Vented Exhaust Fan

Laundry Stacked

Exterior

Parking Features None

Pool None

Community Features Curbs, Storm Drain(s), Street Lights

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Amenities Available Controlled Access, Game Room, Hot Water, Insurance, Trash, Utilities, Water

View Y/N Yes

View City Lights, Neighborhood

Accessibility None

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 4

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

HOA Fee Include Sewer

Senior Community No

Tax ID 7280011066

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Energy Description 2016.0

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

Special Listing Condition Standard

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Listed by Juan Huizar Sage Real Estate Group, Inc. 562-307-0838, DRE #01417642

NEARBY SCHOOLS & PROPERTIES

Diego Magdaleno

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