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122 Elm Avenue 10, Long Beach, California 90802, Long Beach, 90802 - bed, 1 bath

122 Elm Avenue 10, Long Beach, California 90802 home-pic-0
ACTIVE$249,000
122 Elm Avenue 10, Long Beach, California 90802
0Bed
1Bath
360Sqft
5,056Lot
Year Built
1949
Close
-
List price
$249K
Original List price
$285K
Price/Sqft
$692
HOA
$162.74
Days on market
-
Sold On
-
MLS number
PW25125679
Home ConditionPoor
Features
Good View: City Lights
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $249.0K(3th), sqft - 360(2th), beds - undefined(8th), baths - 1(50th).

NEW PRICE IMPROVEMENT . . . Discover the perfect blend of urban energy, creative culture, and cozy charm in this affordable, bright, and inviting studio located in the desirable Grayson Arms condominium complex. Unit 10 sits on the second floor in the heart of the East Village Arts District—one of Long Beach’s most vibrant and rapidly evolving neighborhoods. This centrally located and transit-friendly community places you just moments from the Blue Line Metro, Shoreline Village, Pine Avenue nightlife, The Pike Outlets, and the iconic Terrace Theater. With a Walk Score of 97, the best of downtown Long Beach is truly right outside your door. The East Village is known for its eclectic mix of artists, professionals, and entrepreneurs, and is currently undergoing an exciting wave of revitalization. New residential towers, trendy retail spaces, and boutique hospitality projects are transforming the area into one of Southern California’s most dynamic urban destinations. Whether you're walking to a gallery opening, sipping coffee at a sidewalk café, or biking to the beach, the lifestyle here is creative, connected, and inspiring. Inside Unit 10, you'll find a smart, airy layout filled with natural light. Highlights include a generous walk-in closet and a hallway built-in with drawers and additional storage, plus a built-in vanity near the bathroom. The oversized kitchen offers room for a small dining table and features ample cabinetry. Modern updates include designer paint, updated plumbing fixtures, vertical blinds, and appliances—refrigerator, gas stove, microwave, and a recently installed window AC unit. A gas wall heater provides cozy comfort in the cooler months. The pet-friendly building offers on-site laundry, low monthly HOA dues, and convenient parking options. Metered street parking is available right in front, and monthly parking is offered at the adjacent Westin Hotel. Whether you're a first-time buyer, investor, or simply seeking a stylish and affordable city retreat, Unit 10 presents a rare opportunity to own in one of Long Beach’s most sought-after and fast-growing neighborhoods. Welcome home to the East Village lifestyle—artful, active, and authentically you.

Price History

Date
Event
Price
10/07/25
Price Change
$249,000-3.9%
09/11/25
Price Change
$259,000-3.9%
08/05/25
$269,500
06/17/25
$285,000
08/24/06
Sold
$115,000
Condition Rating
Poor
Built in 1949, this studio apartment features a kitchen and bathroom that are significantly outdated in style and functionality, likely retaining original or very old renovations. The kitchen has distinct green cabinets and yellow/green tiled countertops and backsplash, which are characteristic of mid-century design and would require a full remodel to meet modern standards. The bathroom also features a pedestal sink and older tile work. While the listing mentions 'modern updates' such as designer paint, updated plumbing fixtures (likely faucets), vertical blinds, and basic appliances (refrigerator, gas stove, microwave, window AC unit), these are largely cosmetic or minor functional improvements that do not address the fundamental obsolescence of the core kitchen and bathroom areas. The property requires substantial rehabilitation, particularly in these key areas, to be considered comfortable and appealing by today's standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Exceptional Location & Walkability: Situated in the vibrant East Village Arts District with a Walk Score of 97, offering immediate access to transit, entertainment, and cultural attractions like the Blue Line Metro, Shoreline Village, and Pine Avenue nightlife.
Affordable Entry Point & Investment Value: The recently improved price makes this an attractive and affordable option for first-time buyers or investors in a rapidly revitalizing and dynamic urban neighborhood with ongoing development.
Low Monthly HOA Dues: With a very competitive HOA fee of $162.74, the property offers lower overall ownership costs compared to many other condominium units.
Updated & Functional Interior: The unit features a bright, airy layout with natural light, ample storage including a walk-in closet and built-ins, an oversized kitchen, and recent updates such as designer paint, plumbing fixtures, and appliances including a window AC unit.
Pet-Friendly Building with On-Site Laundry: The building offers practical amenities like on-site laundry facilities and a pet-friendly policy, enhancing convenience and broadening its appeal to a wider range of potential residents.

Cons

No Dedicated Parking: The property lacks included dedicated parking, relying on metered street parking or a paid monthly option at an adjacent hotel, which can be an inconvenience and an additional expense for residents.
Compact Studio Layout: With only 360 square feet, the studio configuration offers limited living space, potentially restricting its appeal to individuals or a narrower buyer demographic seeking more expansive accommodations.
Older Building Infrastructure: Built in 1949, the building's age could imply potential for older infrastructure or common areas that may require future maintenance or updates, despite recent renovations within the unit.

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