Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

708 E Alta Way

Long Beach, CA, 90802

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$649,000

MLS: OC26045567

Beds

2

Baths

1

Sq Ft

688

Lot

0.03 ac

Year Built

1914

MLS #

OC26045567

Days on Market

47

Listed

Mar 2, 2026

Description

One of a kind single family residence is located just one block from Ocean Blvd in the highly sought-after East Village of Downtown Long Beach. An incredibly rare opportunity for this area, this is one of the very few properties that does not have an HOA, offering unmatched flexibility and long-term value. With the upcoming Olympics bringing global attention and major infrastructure investment to the region, this is the perfect time to secure property in one of Long Beach’s most dynamic coastal neighborhoods. Locations like this are exceptionally rare and highly sought after. Designed for both comfort and versatility, the home features a lovely interior and a charming outdoor patio ideal for relaxing or entertaining. Inside, you will find a beautifully remodeled kitchen, updated bathroom, new flooring, air conditioning, and thoughtfully selected upgrades. Whether you envision it as your primary residence, a beachside retreat, or a high-performing short-term rental, this property’s unmatched proximity to the ocean and downtown lifestyle make it an extraordinary investment. Opportunities like this are nearly impossible to find in East Village. Schedule your private showing today.

Location

Long Beach, Los Angeles County, CA 90802

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Listed by: Chayan Alavi · Tourvia

Payment estimate

$4,808

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $64,900 · Loan: $584,100

%
Principal & Interest
$3,589
Property tax (1.25%)
$676
Homeowners insurance
$300
Mortgage insurance
$243
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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 $22,715 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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