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- What are the Financing Requirements for Long Beach Own Your Owns
- All Long Beach Own Your Owns for Sale
- Own Your Own Buildings in Long Beach
- 323 W 4th Street Long Beach
- Do You Want a List of Long Beach Own Your Owns Properties Sent to You?
- More Information or for a Lender that does financing on Own Your Own properties
- Bought 3 properties and sold one with Jay's help
The difference between an Own Your Own (OYO) and a Long Beach condo is a philosophical one. With a condo, one owns the airspace that the condo occupies, with an OYO you own an undivided interest in the complex with the right to occupy a certain apartment. OYO has much more limited financing but otherwise is like a condo in that respect.
The property taxes on either are segregated (billed to each unit on an individual assessor’s parcel number).
I call them one of the first types of condominiums. The number of own your owns has dropped over the years with a lot of them converting to condos status. When you convert over to condominiums, it is easier to finance a purchase. I only know one lender in Long Beach that can finance the purchase of an Own Your Own.
What are the Financing Requirements for Long Beach Own Your Owns
Some of the Own Your Own buildings may be cash only due to having too many rentals in the community or this is an issue and it doesn’t qualify for financing.
Traditional lenders don’t make loans on “own your owns”. There are only a few lenders that I know that offer financing on “own your owns”. They require that you put 15 to 20% down to get financing for this type of property.
All Long Beach Own Your Owns for Sale
Affordable studio located steps to the beach, less than five minutes walking distance to the beach, this is what you waited for! New windows, new appliances, very low monthly HOA fee. Pet friendly; a wonderful opportunity in the heart of Alamitos Bea
This charming 1Bed/1bath unit offers vibrant Downtown living. The unit boasts many charming historical features including original wood floors, exposed brick walls, a beautiful clawfoot tub and more. The open concept kitchen has newer cabinets, count
Welcome to your very own 1 bed 1.5 bath OYO located on “Retro Row” in Long Beach. This charming gated Del Rio community is a few blocks from the beach, yoga on the bluff, Bixby Park, and a wide selection of shops and restaurants. When entering the ho
Step back in time to the Roaring Twenties at The Historic American Apartments! One of the largest floorplans in the building, this large and charming Own-Your-Own studio is located in the rejuvenated Wilmore District, just steps from dining, shopping
This is a well kept unit in a great location! It could easily be Move-in-ready or a great investment property. Walking distance to the beach, downtown, shopping, and dining. Low HOA dues and a great community. Don't let this opportunity pass you by!
11 Own Your Own units, in Downtown Long Beach. 8 of the units average approx. 450' square feet and 3 larger units located in the back house. All units are tenant occupied.
Own Your Own Buildings in Long Beach
| Building Community | Address | Number of Units | Price Range | Active Listings | HOA Fee | Pet Friendly |
|---|---|---|---|---|---|---|
| Barbara Ann Manor | 932 E 2nd Street, Long Beach | 35 | $210,000 | $195 per month | Check the HOA rules | |
| Canon Apartments | 5608 Lime Ave, Long Beach | 4 | $192,000 | $105 per month | Check the HOA Rules | |
| La Vista | 128 Lime, Long Beach | 16 | $215,000 | $375 per quarter | Yes. Check with HOA. | |
| Albert Apartments | 235 W 5th Street, Long Beach | 5 | $196,100 | $154.15 per month | Check with HOA | |
| Welles | 325 Elm, Long Beach | 18 | $250,000 | $480 per quarter | Check the HOA rules | |
| Long Beach Apartments | 354 Chestnut, Long Beach | 30 | 100k to 189k | $78 per month | Check with HOA rules | |
| Elm Manor | 723 E 3rd Street, Long Beach | 12 | $270,000 | $631 per quarter | Check the HOA rules | |
| Casa De Manana | 1250 E 4th Street, Long Beach | 12 | $154,000 | $132 per month | Check the HOA rules | |
| Vista Homes | 1325 E 7th, Long Beach | 12 | $179k to $260k | $287 per quarter | Check with HOA. | |
| Vista Homes | 1331 E 7th, Long Beach | 20 | $224,000 | $105 per month | Check with HOA | |
| The Clarendon | 1739 E Appleton, Long Beach | 11 | $276k to $330k | $106 per month | Check with HOA | |
| Jeaneane Apartments | 333 Linden Avenue, Long Beach | 15 | No recent sales | $140 per month | Check with HOA. | |
| Crestwave | 543 Cedar, Long Beach | 12 | $200,000 | $230 per month | Check with HOA | |
| Cedar Gardens | 728 Cedar, Long Beach | 30 | $199,000 | $413.81 per quarter | Check with HOA | |
| Town Sierra | 640 Elm, Long Beach | 24 | $235,000 | $115 per month | Yes. Check rules HOA rules | |
| Americana | 323 W 4th St Long Beach | 47 | $155,000 | $175 per month | Check with the HOA rules | |
| Unknown Name | 2225 E 2nd Street Long Beach | 12 | $260k to $295k | $169,59 to $208.50 | Yes. See Pet Rules in HOA Documents |
323 W 4th Street Long Beach
Step back in time to the Roaring Twenties at The Historic American Apartments! One of the largest floorplans in the building, this large and charming Own-Your-Own studio is located in the rejuvenated Wilmore District, just steps from dining, shopping
The American, located at 323 W. 4th Street, in highly desirable downtown Long Beach, was built in 1923. We are pleased to present seven (7) condo studio units for sale, the building has 46 total condo units. Each of the 7 studios is approximately +/-
- 932 E 2nd Street, Long Beach
- 5608 Lime Ave, Long Beach
- 128 Lime, Long Beach
- 235 W 5th Street, Long Beach
- 325 Elm, Long Beach
- 354 Chestnut, Long Beach
- 723 E 3rd Street, Long Beach
- 1250 E 4th Street, Long Beach
- 1325 E 7th, Long Beach
- 1331 E 7th, Long Beach
- 1739 E Appleton, Long Beach
- 2225 E 2nd Street, Long Beach
- 333 Linden Avenue, Long Beach
- 323 W 4th Street, Long Beach
- 543 Cedar, Long Beach
- 728 Cedar, Long Beach
- 640 Elm, Long Beach
Do You Want a List of Long Beach Own Your Owns Properties Sent to You?
If so, fill out the form below. Long Beach has a number of properties classified under the property type of OYO. If you are interested in this type of property, please call us at 562-413-7655 or fill out this form below and we will email you a list of them. Fill out my 5-minute questionnaire today so I know how best to help you.
More Information or for a Lender that does financing on Own Your Own properties
Fill out this form and I will have one lender contact you.
Contact Jay Valento
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Jay is a wonderful Realtor, honest, and upfront. He communicates clearly and knows the market as well as anyone. He makes the process enjoyable. A lot of brokers are pushy, but not Jay. He is intent on finding the property that best fits his clients’ needs. I will work with Jay again in the future and would gladly recommend him to anyone.
Bought 3 properties and sold one with Jay’s help
Josh Frank, Long Beach, California