
Long Beach, California 90802
This Historic Art Deco Residence is listed at $500,000, representing a premium lifestyle asset in the iconic Lafayette Building. While the price exceeds the $437,071 Fair Market Value, the property offers exceptional long-term value through Mills Act Tax Incentives and a move-in ready Condition Rating of 3. The unique layout includes Dual Primary Suites and a Private Entrance, providing a rare opportunity to offset mortgage costs via rental income. Featuring In-Unit Laundry and access to Stevenson Elementary, this home is ideal for Owner-Occupants or House-Hacking Professionals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 140 Linden 615 Subject | $500,000* List Price | 2 | 2 | 766 | $571 | - |
A 637 Atlantic 3 Sold | $465,000 | 2 | 2 | 820 | $567 | 0.4 mi |
B 800 E Ocean Sold | $391,500 | 0 | 1 | 701 | $558 | 0.3 mi |
C 730 215 W 4th Street Sold | $510,000 | 2 | 2 | 957 | $533 | 0.5 mi |
D 100 Atlantic 701 Sold | $427,000 | 2 | 1 | 820 | $521 | 0.1 mi |
E 50 Elm Avenue 4 Sold | $350,000 | 1 | 1 | 713 | $491 | 0.1 mi |
F 100 Atlantic Avenue 1100 Sold | $480,000 | 2 | 1 | 820 | $585 | 0.1 mi |
G 234 Lime Avenue A Active | $384,900 List Price | 2 | 1 | 770 | $500 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant modern updates within a historic 1928 building. The interior features an updated open-concept kitchen with stainless steel appliances and contemporary cabinetry, modern polished concrete flooring, and updated en-suite bathrooms. The unit also includes rare modern conveniences like in-home laundry hookups and recessed lighting, though the overall square footage is compact.
The property qualifies for the Mills Act, providing owners with substantial property tax savings in exchange for maintaining the historic character of the building.
The unique layout features two primary suites, one with a private entrance, offering an excellent opportunity for house-hacking or separate rental income to offset mortgage costs.
Unlike many units in historic buildings, this residence includes in-home laundry hookups, providing a significant modern convenience and increasing marketability.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
At 766 square feet for a two-bedroom, two-bathroom configuration, the living areas and bedrooms may feel restrictive for some buyers.
Despite its position on the sixth floor of a historic high-rise, the listing indicates no significant views, which may impact its competitive edge against other units.
Welcome to the iconic Lafayette Building, a treasured Art Deco landmark rich in history and character. Originally constructed in 1928 as a grand hotel comprising three separate structures, the Lafayette made history again in 1969 as the first building on the West Coast to be converted into condominiums.This desirable sixth-floor corner residence features two spacious primary bedrooms, each with its own en-suite bathroom. One bedroom offers a private entrance, presenting an ideal opportunity to rent it separately and offset mortgage expenses. The home boasts a bright, open-concept kitchen and living area, where timeless architectural details blend seamlessly with modern stainless steel appliances—perfect for both everyday living and entertaining.Adding to its appeal, the unit includes in-home laundry hookups, a rare and valuable feature within the building. The HOA offers exceptional amenities, including two BBQ patios, a fitness center, meeting and game rooms, a playhouse, a laundry facility, and exclusive access to the 11th-floor solarium. The building is also VA approved.Located in the heart of a vibrant neighborhood, residents enjoy walking-distance access to local art galleries, boutiques, restaurants, and cocktail lounges. As an added benefit, the Lafayette qualifies for Mills Act tax incentives, offering significant potential property tax savings. Don’t miss the opportunity to own a piece of history—schedule your private showing today.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 53% |
| Baths | 2.0 | 1.0 | 53% |
| Square foot | 766 | 865 | 40% |
| Lot Size | 33,496 | 24,828 | 68% |
| Price | $500.0K | $489.0K | 56% |
| Price per sq ft | $653 | $579 | 70% |
| Built year | 1928 | 1972 | 19% |
| HOA | $454.07 | $475 | 49% |
| Days on market | 81 | 182 | 8% |
Mar 19, 2026
$500,000
$509,000
-2% Price Drop
Initial Listing
Mar 13, 2026
$509,000
$509,900
+0% Price Increase
Initial Listing
Jan 31, 2026
$509,900
Initial Listing
Oct 1, 2024
$495,000
Public Record
Feb 22, 2023
$486,000
Public Record
Jul 18, 2013
$265,000
Public Record
Apr 29, 2010
$175,000
Public Record
Jul 26, 2000
$63,500
Public Record