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. Don’t let this investment property pass you by!
Sold for $380,000 on 11/20/23
Listing Provided by:
$380,000
323 W 4th St APT 201, Long Beach, CA 90802
2beds
742sqft
Own Your Own
Built in 1923
-- sqft lot
$405,600 Zestimate®
$512/sqft
$2,313 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 14, 2025 at 04:48pm
Source: CRMLS,MLS#: TR25098790
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Cooling
- None
Appliances
- Laundry: None
Features
- Ceramic Counters, Eat-in Kitchen, Granite Counters, Open Floorplan
- Flooring: Vinyl, Wood
- Windows: Double Pane Windows
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 742 sqft
Property
Parking
- Parking features: None
Features
- Levels: Multi/Split
- Entry location: 2
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: City Lights
- Waterfront features: Ocean Side Of Freeway
Lot
- Size: 7,503 sqft
- Features: Near Public Transit, Walkstreet
Details
- Parcel number: 7280011066
- Zoning: LBR4N
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Own Your Own
- Attached to another structure: Yes
Materials
- Roof: Common Roof
Condition
- Additions/Alterations,Repairs Cosmetic
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Fire Detection System, Key Card Entry, Smoke Detector(s)
Community
- Community features: Street Lights, Suburban, Sidewalks
Location
- Region: Long Beach
- Subdivision: Downtown (Dt)
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $252 monthly
- Amenities included: Gas, Insurance, Meeting Room, Recreation Room, Storage, Trash, Water
- Services included: Sewer
- Association name: The American Apartment
- Association phone: 626-967-7921
Other
Other facts
- Listing terms: Cash
Services availability
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Estimated market value
$405,600