- – beds
- – baths
- – sqft
- 7,503 sqft lot
- 1923 build
- – on site
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. One units is non-conforming Don’t let this investment property pass you by!
Last checked:
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Last updated Jun 23, 2025
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MLS# TR25124320 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1923
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:749.00
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Building Area Units:Square Feet
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Total Number Of Units:2
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# of Buildings:1
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Stories Total:2
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Entry Level:2
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:1
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# of Separate Water Meters:1
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# of Separate Electric Meters:1
Interior
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Features:Ceramic Counters, Granite Counters, Open Floorplan
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Levels:Three Or More
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Entry Location:front
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Flooring:Carpet, Vinyl
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Room Type:All Bedrooms Up
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Fireplace:Yes
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Fireplace:Living Room
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Laundry:None
Financial & Terms
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Disclosures:CC And R's, Home Warranty, Homeowners Association
Location
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Directions:E/ Chestnut Ave W/Pacific Ave
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Latitude:33.77196800
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Longitude:-118.19563100
The Property
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Property Type:Residential Income
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Subtype:Own Your Own
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Property Condition:Repairs Cosmetic, Turnkey
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Zoning:LBR4N
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Lot Features:Lot 6500-9999
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Lot Size Area:7503.0000
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Lot Size Acres:0.1722
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Lot Size SqFt:7503.00
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Lot Size Source:Assessor
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View:1
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View:Neighborhood, Peek-A-Boo
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Security Features:Carbon Monoxide Detector(s), Smoke Detector(s)
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Road Frontage:City Street
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:62
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Tax Census Tract:5759.02
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Tax Tract:575...
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Tax Lot:23,24
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7280011066
Heating & Cooling
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Heating:None
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Cooling:No
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Cooling:None
Utilities
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Utilities:Electricity Available, Sewer Connected
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Sewer:Public Sewer
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Water Source:Public
The Community
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Subdivision:Downtown (DT)
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Subdivision:Downtown (DT)
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Features:Sidewalks, Suburban
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Association:The American Apparment
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Association:Yes
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Association Fee:$252
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Association Fee Frequency:Monthly
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:No
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Parking:None
Extra Units
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Average 1 Bed Area:375
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Average 2 Bed Area:375
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/4/25
Jun 4, 2025
|
Listed / Active | CRMLS_CA | $420,000 |