360 W Ocean 203, Long Beach, California 90802, Long Beach, 90802 - 0 bed, 1 bath
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Long Beach, California 90802
This Historic Airbnb-Permitted Condominium is listed at $317,900, representing a stable valuation for this unique asset class compared to its $303,254 Fair Market Value. Boasting a Condition Rating of 3, the residence features a remodeled kitchen, original hardwood floors, and a dedicated office space ideal for remote work. Located in the iconic Sovereign Building within the Long Beach Unified district, it offers rare legal short-term rental potential and ocean-view common spaces. This turnkey property is an ideal acquisition for Short-Term Rental Investors or Owner-Occupants seeking a high-character urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 360 W Ocean 203 Subject | $317,900* List Price | 0 | 1 | 472 | $642 | - |
A 325 W 3rd Street 201 Sold | $299,999 | 1 | 1 | 493 | $609 | 0.3 mi |
B 360 W Ocean Boulevard 402 Sold | $369,000 | 1 | 1 | 599 | $616 | 0.0 mi |
C 315 W 3rd Street 506 Sold | $279,000 | 0 | 1 | 492 | $567 | 0.3 mi |
D 315 W 3rd Street 311 Sold | $280,000 | 0 | 1 | 456 | $614 | 0.3 mi |
E 128 Lime Avenue 14 Sold | $289,000 | 1 | 1 | 410 | $705 | 0.8 mi |
F 140 Linden 354 Sold | $380,000 | 1 | 1 | 628 | $605 | 0.6 mi |
G 315 W 3rd Street 410 Active | $304,500 List Price | 1 | 1 | 453 | $672 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This historic 1922 unit is move-in ready and features significant updates including a remodeled kitchen with modern shaker cabinetry, stone countertops, and a subway tile backsplash. The bathroom has been upgraded with a newer vanity and stylish tile flooring. While the appliances are standard-grade white models rather than high-end stainless steel, the overall interior condition is well-maintained with refinished original hardwood floors and fresh paint throughout.
Located in the iconic Sovereign Building, this is one of the rare downtown Long Beach properties that permits Airbnb, offering exceptional flexibility for investors or second-home owners.
The unit preserves its 1922 character with original hardwood floors while featuring a fully remodeled kitchen, upgraded bathroom, and a dedicated office space for modern functionality.
This residence includes a private basement storage unit and access to covered parking for a monthly fee, addressing two of the most common challenges in high-demand downtown living.
At just 472 square feet, the compact studio-style layout may feel restrictive for full-time residents or those with significant furniture requirements.
While the building's common areas offer stunning ocean vistas, the unit itself is noted as having no view, which may be a disadvantage compared to higher-floor units in the same landmark.
Downtown Long Beach setting • Beach nearby • Historic building with ocean-view shared spaces. Located in the iconic Sovereign Building, one of the few downtown Long Beach buildings that permits Airbnb, this residence blends classic character with modern upgrades. Original hardwood floors run thru the unit, complemented by a remodeled kitchen and a dedicated office area ideal for remote work or creative space. The upgraded bathroom features a newer vanity and stylish tile flooring. Unit 203 includes its own private storage space in the basement (not all units have this), adding valuable extra storage. Covered parking is available for $100 per month, a major advantage in downtown Long Beach where parking is in high demand. The historic building welcomes residents with a grand lobby and multiple shared amenities, including community laundry, a quiet library for reading or focused work, and a large open solarium/ party room. From this expansive common area, residents enjoy sweeping Pacific Ocean views and clear sightlines to the Queen Mary. Ideally situated near Pine Avenue and Shoreline Village, this home offers close proximity to popular dining, the Aquarium of the Pacific, theaters, the Long Beach Convention Center, and the waterfront. Convenient access to the Metro provides direct connections to Downtown Los Angeles and LAX, making this a prime location for full-time living, second-home ownership, or short-term rental investment. This is coastal urban living in one of Long Beach’s most recognizable architectural landmarks.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 1.0 | 7% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 472 | 865 | 5% |
| Lot Size | 7,371 | 22,651.199 | 12% |
| Price | $317.9K | $485.0K | 9% |
| Price per sq ft | $674 | $579 | 76% |
| Built year | 1922 | 1972 | 5% |
| HOA | $323.02 | $475 | 25% |
| Days on market | 89 | 182 | 12% |
Apr 18, 2026
$317,900
$327,500
-3% Price Drop
Initial Listing
Feb 24, 2026
$327,500
$337,500
-3% Price Drop
Initial Listing
Jan 23, 2026
$337,500
Initial Listing