$2,600,000
MLS: PW26219275
Beds
2
Baths
3
Sq Ft
2,374
Lot
0.05 ac
Year Built
1927
MLS #
PW26219275
Days on Market
1
Listed
Oct 12, 2026
Description
Rarely does an opportunity arise on this versatile surface in the heart of the Long Beach Peninsula. Situated on the coveted Bay Side of Alamitos Bay, this mixed-use gem offers a sophisticated blend of coastal lifestyle and turnkey business potential. Whether you're an investor looking for a high-visibility trophy property or an entrepreneur dreaming of a true live-work setup by the water, this is the one. The ground floor is home to a fully operational, beautifully remodeled restaurant space. Every detail has been curated to provide a modern, welcoming atmosphere for guests, making it a standout destination in one of Southern California's most iconic beach communities. With a prime location that draws both locals and visitors enjoying the bay, the commercial potential here is unmatched. Upstairs, the property transitions into a private, stylish retreat. The upgraded apartment features contemporary finishes and an open layout that feels both airy and intimate. The true highlight is the expansive private patio—an incredible outdoor space to soak in the coastal breeze and enjoy the unique energy of the Peninsula. Step out your door and you are moments from the sand and the calm waters of the bay. It’s a lifestyle defined by sun, water, and community. Properties with this level of utility and prestige in Alamitos Bay are few and far between. Own a piece of the Peninsula and make your mark.
Location
Long Beach, Los Angeles County, CA 90803
Open on Google Maps ↗Listed by: Crystal Glenning · Compass
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$20,185
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $260,000 · Loan: $2,340,000
Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $16,202
- Property tax (1.25%)
- $2,708
- Homeowners insurance
- $300
- Mortgage insurance
- $975
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 Oct 8, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.73%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $91,000 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
See Long Beach, CA 90803 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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