ActiveCondominium

360 W Ocean 203

Long Beach, CA, 90802

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$317,900

MLS: PW26016576

Beds

0

Baths

1

Sq Ft

472

Lot

0.17 ac

Year Built

1922

MLS #

PW26016576

Days on Market

82

Listed

Jan 23, 2026

Description

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.

Location

Long Beach, Los Angeles County, CA 90802

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Listed by: Kathy Zajac · Kathy Zajac, Broker

Payment estimate

$2,508

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $31,790 · Loan: $286,110

%
Principal & Interest
$1,758
Property tax (1.25%)
$331
Homeowners insurance
$300
Mortgage insurance
$119
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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 $11,127 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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