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Welcome to the Royal Palms — a retro coastal gem just one block from Ocean in the heart of Downtown Long Beach! This south-facing studio on the 7th floor offers 490 square feet of mid-century character and incredible potential. Built in 1958, this all-electric unit features a space-saving Murphy bed and is ready for your personal vision and finishing touches. Convenient private storage room in community garage. The building has recently undergone a thoughtful upgrade, refreshed with updated interior paint, new flooring, and modernized elevators — with exterior repainting currently underway. A new security fence and call box provide added peace of mind, and on-site Amazon Lockers make everyday life more convenient. Community offers a refreshing pool and is pet friendly. With a Walk Score of 97, you're steps from grocery stores, top-rated restaurants, coffee shops, bakeries, and breweries. Minutes from Alamitos Beach, The Promenade, The Pike, Shoreline Village, the Aquarium of the Pacific, the Queen Mary, the Convention Center, and conveniently located near Long Beach City College and Cal State Long Beach. The building offers parking on a waitlist basis. In the meantime, nearby monthly parking options are available from approx $100-160/mo. Whether as a primary residence, pied-à-terre, or investment opportunity, this is coastal Long Beach living at its most convenient, right in the heart of Downtown....And as an added bonus, this property is located in a census tract that may qualify for $20K down payment assistance and special financing through City National Bank.
Listing agent: Anne Marie Reggie DRE #01416507 AnneMarie@ReggieREGroup.com, Listing office: Y Realty
MLS data updated 10/23/2026, 1:37:16 PM PT
Source: CRMLS, MLS #: PW26101651
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 14, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$230,000Closed sale · Aug 14, 2026ZIP 90802 · Aug 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.