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Key Details
Sold Price $702,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,360 sqft
Price per Sqft $516
Subdivision Downtown (Dt)
MLS Listing ID OC25135286
Bedrooms 1
Full Baths 1
Half Baths 1
Condo Fees $460
HOA Fees $460/mo
Year Built 1925
Lot Size 5,052 Sqft
Property Sub-Type Condominium
Property Description
Welcome to the iconic Insurance Exchange Lofts in the heart of Downtown Long Beach's vibrant Promenade—a 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 savings—an extraordinary opportunity to own a piece of Long Beach history with modern flair.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBCC
Rooms
Other Rooms Storage
Interior
Heating Central
Cooling Central Air
Flooring Concrete
Fireplaces Type None
Exterior
Parking Features Assigned, Garage, One Space, Community Structure
Garage Spaces 2.0
Garage Description 2.0
Fence None
Pool None
Community Features Street Lights, Sidewalks, Urban
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Amenities Available Pets Allowed
View Y/N Yes
View City Lights, Orchard
Roof Type Flat
Building
Story 1
Foundation Brick/Mortar, Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Long Beach Unified
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
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Bought with Estefanita Hands Re/Max R. E. Specialists
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Agent | License ID: 02126901