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323 W 4th , 201, 203

Long Beach, CA 90802
  • $499,000
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: PW26090859
UPDATED: 19 min ago
$499,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Juan Huizar of Sage Real Estate Group, Inc. (562-400-7622) and Ann Te of Sage Real Estate Group, Inc.(562-400-7622)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-11T17:34:25.573. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
www.inlandempiresold.com/homes/175889348
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323 W 4th , 201, 203 Long Beach, CA 90802

  • Price: $499,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 19 min ago
  • ID#: PW26090859
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1923
Built
Neighborhood:
Downtown (Dt)
County:
Los Angeles
Area:
4 - Downtown Area, Alamitos Beach
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.
Exterior Features

Entry Level 2 Entry Location Front Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 1 Parking Features None Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View City LightsNeighborhood View YN Yes

Interior Features

Accessibility Features None Appliances Gas RangeMicrowaveVented Exhaust Fan Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring Vinyl Heating None Heating YN No Interior Features Laminate CountersOpen FloorplanEntrance Foyer

Property Features

Additional Parcels YN No Association Amenities Controlled AccessGame RoomHot WaterInsuranceTrashUtilitiesWater Association Fee 504 Association Fee Frequency Monthly Association Fee Includes Sewer Association YN Yes Common Interest Community Apartment Community Features CurbsStorm Drain(s)Street Lights Contingency Both units#201 and #203are to be sold together. HOA is $252 per unitwith a total of $504/monthly. Current Financing Other Electric Electricity - On Property Electric Expense 0 Fuel Expense 2016 Garage YN No Gross Income 40200 Gross Scheduled Income 40200 Insurance Expense 700 Land Lease YN No Laundry Features Stacked Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash1031 Exchange Net Operating Income 27327 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 12873 Possession Close Of Escrow Property Sub Type Own Your Own Rent Control YN Yes Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Electricity Trash Expense 2016 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 2016 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-11T17:34:25.573. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
 
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RE/MAX Empire Properties
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Hemet CA, 92545
Listing Agent(s): Juan Huizar of Sage Real Estate Group, Inc. (562-400-7622) and Ann Te of Sage Real Estate Group, Inc.(562-400-7622)