Downtown (dt)

50 Elm Avenue, Long Beach, CA, 90802

Description

The building called Downtown sits at 50 Elm Avenue in Long Beach, CA. This low-rise structure stands at 1 story tall and contains 16 condominium units. The site lies near the intersection of East Ocean Boulevard and Linden Avenue. The Pacific Ocean is close by, adding a pleasant coastal vibe to the area. Construction finished in 1951, giving the building a classic charm. The units range in size from 700 to 920 square feet. The layout includes 1 and 2 bedrooms, providing options for different living arrangements. Each unit has comfortable living space tailored for everyday needs. Unit prices range from $360,000 to $480,000 over the last year. The average closed price is around $360,000. Individuals spent about 226 days on the market to find suitable buyers. With an average price per square foot at $505, these units reflect local market trends. The property offers a range of amenities like sidewalks, water sports options, and street lights. Residents benefit from connections to community services and enjoyable outdoor spaces. There are nearby dining places such as Wa Wa Restaurant and Creme De La Crepe. The Archstone Foundation public school also adds value to the neighborhood. Overall, this building combines a solid structure with practical elements for daily living. Its location provides both city access and a touch of coastal life. The set of amenities supports an active and engaged community. This property presents a straightforward opportunity for those looking to invest in Long Beach.