323 W 4th 201, 203 Long Beach, CA $ 499,000
323 W 4th 201, 203
$ 499,000
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323 W 4th 201, 203

Long Beach, CA, 90802
$ 499,000
Baths1.0 Sq 749

Monthly Estimate*

$ 3,072

Listed by Sage Real Estate Group, Inc.
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Studio

Multi-Family Home for sale in Long Beach, CA

for $499,000 with 1 full bath. This 749 square foot home was built in 1923 on a lot size of 0.1722.

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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Multi-Family Active

Price

$ 499,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1722

Year Built

1923

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW26090859

Days on Market

3

Features
General
Sewer Public Sewer
Heating None
Cooling None
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Appliances Gas Range Microwave Vented Exhaust Fan
HOA Fee 504
Garage Spaces 0
Association Fee Includes Sewer
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Year Built 1923
Electric Electricity - On Property
Tenant Pays Electricity
View City Lights Neighborhood
Stories Count 1
Levels One
Unit Number 201 203
Property Subtype Own Your Own
Gross Income 40200
Community Features Curbs Storm Drain(s) Street Lights
Accessibility None
Assoc Fee Paid Per Monthly
County Los Angeles
Net Operating Income 27327
Operating Expense 12873
Insurance Expense 700
New Construction false
Property Type Residential Income
Association Amenities Controlled Access Game Room Hot Water Insurance Trash Utilities Water
HOA true
Contingency Both units #201 and #203 are to be sold together. HOA is $252 per unit with a total of $504/monthly.
Subdivision Name Downtown (DT)
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions On 4th St between E/ Chestnut Ave & W/Pacific Ave
City Long Beach
Entry Location Front
Senior Community Y/N false
Number Of Units Total 2
MLS Area 4 - Downtown Area Alamitos Beach
Lot Size Units Square Feet
Lot Size Square Feet 7503
Number of Units Leased 2
Listing Terms Cash 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Current Financing Other
Fuel Expense 2016
Trash Expense 2016
Walk Score 95
Water Sewer Expense 2016
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 23 24
Property Sub Type Additional Own Your Own
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Interior
Interior Amenities Laminate Counters Open Floorplan Entrance Foyer
Flooring Vinyl
Fireplace Features None
Total Stories 4
Common Walls 2+ Common Walls
Air Conditioning Y/N false
Heating Y/N false
Fireplace Y/N false
Laundry Features Stacked
Entry Level 2
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Exterior
Parking Features None
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 0
Lot Size Area 7503
Number of Buildings 1
Spa false
Building Area Total 749
Lot Size Acres 0.1722
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
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* Excluded Features
List By
Sage Real Estate Group, Inc.

Broker

juan@sageregroup.com

Email

Affordability Calculator

$3,072
Per Month
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Monthly Principal & Interest
$3,072
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/28/2026$499,000 Listed Price

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323 W 4th 201, 203, Long Beach, CA, 90802 is a Multi-Family Home for sale at $499,000 with 749 sqft and a lot size of 0.1722. 323 W 4th 201, 203 is a studio with 1.0 baths and was built in 1923. The property's zip code is 90802 which is in Long Beach, CA