Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

140 Linden 615

Long Beach, CA, 90802

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$500,000

MLS: DW26022919

Beds

2

Baths

2

Sq Ft

766

Lot

0.77 ac

Year Built

1928

MLS #

DW26022919

Days on Market

46

Listed

Jan 31, 2026

Description

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.

Location

Long Beach, Los Angeles County, CA 90802

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Listed by: Athena Sanchez · ReMax Sky

Payment estimate

$3,773

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $50,000 · Loan: $450,000

%
Principal & Interest
$2,765
Property tax (1.25%)
$521
Homeowners insurance
$300
Mortgage insurance
$188
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $17,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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