$702,000
$714,400
1.7%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
2.5 Baths
1,360 SqFt
SOLD DATE : 07/16/2025
Key Details
Sold Price $702,000
Property Type Multi-Family
Sub Type All Other Attached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,360 sqft
Price per Sqft $516
Subdivision Downtown (Dt)
MLS Listing ID OC25135286
Sold Date 07/16/25
Style Contemporary,Traditional
Bedrooms 1
Full Baths 1
Half Baths 1
HOA Fees $460/mo
Year Built 1925
Property Sub-Type All Other Attached
Property Description
Welcome to the iconic Insurance Exchange Lofts in the heart of Downtown Long Beachs vibrant Promenadea stunning example of 1925 architecture reimagined through adaptive reuse. Originally the Middough Building, this historic gem offers true corner-unit living with exposed brick, soaring ceilings, and walls of north- and west-facing windows that flood the space with natural light. The open-concept kitchen features a massive island, granite countertops, stainless steel appliances, and custom walnut cabinetry, while the spa-like bath boasts a deep-soaking jacuzzi tub, rain shower, and dual vanities, plus a separate guest powder room. Central heat and A/C, secured fob entry, private parking, and a large personal storage room add comfort and convenience. Best of all, this Mills Act-registered building provides significant property tax savingsan extraordinary opportunity to own a piece of Long Beach history with modern flair.
Location
State CA
County Los Angeles
Zoning LBCC
Direction On Broadway between Pine and Long Beach Blvd
Interior
Interior Features Beamed Ceilings, Granite Counters, Pantry
Heating Forced Air Unit
Cooling Central Forced Air
Fireplace No
Appliance Dishwasher, Disposal, Dryer, Microwave, Washer, 6 Burner Stove, Gas Oven, Gas Range
Exterior
Parking Features Assigned, Garage
Garage Spaces 2.0
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Amenities Available Pets Permitted
View Y/N Yes
Water Access Desc Public
View City Lights
Roof Type Flat
Accessibility No Interior Steps
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
HOA Name InsuranceExchange
Tax ID 7280019026
Special Listing Condition Standard
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Bought with Estefanita Hands Re/Max R. E. Specialists