$499,000
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.
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Listed by Juan Huizar with Sage Real Estate Group, Inc. (562) 400-7622
Property Type
Own Your Own
Status
Active
MLS Number
PW26090859
Year Built
1923
Lot Size
7,501 sq ft