325 Elm Ave #204

325 Elm Ave #204, Long Beach, CA

$200,000

1 full bath

473 SqFt

Welcome to the historic Welles building at 325 Elm Avenue #204. This 2nd floor studio is spacious and home to a dining area separated by french style doors and a separate dressing area with period built-ins that allow ample storage. Beautiful gleaming hardwood floors appear original and add to the character of your new home. There is plenty of space here to make a separate bedroom space if desired. The property is perfectly located in the East Village Arts District of downtown Long Beach. Walk out your door and whether you turn right or left you will have your choice of cafes and coffee shops at the corner. With a WalkScore of 97, you can rest assured this location is fantastic. This is a perfect opportunity for a 1st time homeowner, investor or a student that would otherwise be renting. HOA dues are $192 monthly (paid quarterly) and include everything except your gas which is used for cooking. Everything else is paid! There is convenient onsite laundry and a controlled access lobby. Market rent appears to be $1300. Parking (7 spaces), subject to availability, is in back of the building in HOA owned parking lot and cost is $25 per month. Building is a good candidate for condo conversion.

Property Details

Property Type Residential
Mls # PW21075626
LotSize 7470.54 sqft
Property Subtype multi-family home
Year Built 1930

Photos