$269,000
$26K PRICE DROP

Estimated payment $1,757/month

Total Views 10,887
-- Bed
1 Bath
360 Sq Ft
$747 Price per Sq Ft

Highlights

  • Gated Community
  • 3-minute walk to 1St Street Station
  • 0.12 Acre Lot
  • Long Beach Polytechnic High School Rated A
  • City Lights View
  • 4-minute walk to Promenade Square Park

About This Home

NEW PRICE IMPROVEMENT . . . Welcome to Unit 11 at 122 Elm Avenue—an exceptional opportunity to own a bright and stylish studio in the great pet friendly Grayson Arms condominium complex, perfectly located in Long Beach’s vibrant East Village Arts District. This second-floor unit is flooded with natural light, thanks to oversized windows offering views of both the lush courtyard and tree-lined street below.
Step inside to discover a thoughtfully designed layout featuring both a spacious walk-in closet and a mirrored sliding-door closet. The eat-in kitchen offers ample cabinetry and is complemented by tasteful updates throughout the home, including designer paint, modern plumbing fixtures, vertical blinds, recessed lighting, and a newer AC unit. Appliances include a new gas stove and refrigerator, along with a window AC and gas wall heater to keep you comfortable year-round. Community laundry is conveniently located on the first floor, and the courtyard features a BBQ area with outdoor dining. Rental parking is available at the adjacent lot and through Westin on a monthly basis.With a Walk Score of 97, you’re steps from the Metro Blue Line, Pine Ave, Shoreline Village, The Pike, Terrace Theater, and an array of trendy coffee shops, galleries, and restaurants. On-site laundry, low HOA dues, and a pet-friendly community make living here easy and enjoyable. Street parking is plentiful, and monthly spaces are available for rent at the adjacent Westin Hotel. Unit went under total remodeling with new appliances in 2024.

Listing Agent

Justin Potier

Vylla Home, Inc. Brokerage Phone: 562-480-9884 License #01393025 Listed on: 06/17/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,150

Year Built

  • Built in 1949

Lot Details

  • Two or More Common Walls

HOA Fees

  • $158 Monthly HOA Fees

Home Design

  • Midcentury Modern Architecture
  • Entry on the 2nd floor
  • Stucco

Interior Spaces

  • 360 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Blinds
  • Laminate Flooring
  • City Lights Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 17 / 101
  • Tax Tract Number 11933
  • Assessor Parcel Number 7281019044
  • $267 per year additional tax assessments

Community Details

Overview

  • 13 Units
  • Grayson Arms Association, Phone Number (562) 659-1534
  • Phoenix Management HOA

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,150

Year Built

Built in 1949

Lot Details

0

HOA Fees

$158 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Gated Community
  • Subdivision Name Other: GRAYSON ARMS
  • View: Yes
  • Zoning: LBPD30
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281019044
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 360.00 Square Feet
  • Interior Amenities: 2 Staircases
  • Stories: 2
  • Entry Location: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Eating Area: In Kitchen
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 747.22
  • Room Type: Kitchen
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Gas, Trash, Sewer, Water, Pets Permitted
  • Association Fee: 158.36
  • Association Fee Frequency: Monthly
  • Association Name: Grayson Arms
  • Phone: 562-659-1534
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking
  • Association Management: Phoenix Management

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 5056.00
  • Lot Size Acres: 0.1161

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5056.0000 Square Feet
  • Number Of Units In Community: 13
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 101
  • Tax Census Tract: 5760.01
  • Tax Lot: 17
  • Tax Tract Number: 11933
  • TaxOtherAnnualAssessmentAmount: 267.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,150 $154,057 $69,258 $84,799
2024 $2,150 $151,037 $67,900 $83,137
2023 $2,109 $148,076 $66,569 $81,507
2022 $1,983 $145,173 $65,264 $79,909
2021 $1,926 $142,328 $63,985 $78,343
2019 $1,896 $138,108 $62,088 $76,020
2018 $1,788 $130,000 $60,000 $70,000
2016 $743 $46,807 $21,063 $25,744
2015 $717 $46,105 $20,747 $25,358
2014 $719 $45,203 $20,341 $24,862
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2025 09/10/25 Price Changed $269,000 -3.8% $747 / Sq Ft
07/29/2025 07/29/25 Price Changed $279,500 -5.3% $776 / Sq Ft
06/17/2025 06/17/25 For Sale $295,000 -- $819 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Gift Deed -- Old Republic Title
Interfamily Deed Transfer -- None Available
Grant Deed $115,000 North American Title Co
Interfamily Deed Transfer -- North American Title Co
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25125668

California Regional Multiple Listing Service (CRMLS)

APN: 7281-019-044