East Village Arts District

Long Beach, CA

Neighborhood Market Analysis

Q3 2025 Report
$359,000 (Feb 2025, -31.6% YoY)
Median Home Price
91 (Walker's Paradise)
Walkability Score
Average to above average for central Long Beach; not the primary draw for most buyers in this area.
School Rating

Location Overview

Neighborhood Boundaries

Roughly bounded by Long Beach Blvd (west), Alamitos Ave (east), Ocean Blvd (south), and 7th St (north).

Zip Codes

90802

Market Data Summary

Price Range$235,000 to $5,000,000 (listings as of April 2025)
Price per Sq Ft$566 (Feb 2025, up 4.7% YoY); $542 (Dec 2024, listing)
Inventory Levels46 homes for sale as of April 2025; moderate inventory for the area.

Property Characteristics

Home Types & Architecture

Home Types

CondosLoftsHistoric apartmentsMixed-use buildingsSome single-family homes

Architectural Styles

Art DecoModernMid-centuryContemporaryAdaptive reuse/industrial lofts

Property Details

Typical Lot SizesMostly small lots or no lot (condos/lofts); some historic buildings with shared courtyards.
Home Age Range1920s–2020s; mix of historic and new construction.
Construction QualityVaries; many well-maintained historic buildings and newer luxury conversions.

Community Profile

Demographics & Lifestyle

Demographics

Diverse, with a mix of young professionals, artists, creatives, and long-term residents.

Community Vibe

Urban, eclectic, artsy, walkable, vibrant nightlife and cultural scene.

Typical Residents

  • Young professionals
  • Artists/creatives
  • Empty nesters
  • Investors

Family Friendly

Moderate; more popular with singles, couples, and empty nesters than with families with young children.

Amenities & Lifestyle

Parks & Recreation

  • Harvey Milk Park
  • Lincoln Park
  • Proximity to Shoreline Aquatic Park

Dining Options

  • Trendy cafes
  • International cuisine
  • Gastropubs
  • Vegan/vegetarian options

Shopping Centers

  • Local boutiques
  • Nearby City Place Shopping Center
  • The Pike Outlets (walkable)

Local Businesses

  • Art galleries
  • Coffee shops
  • Boutique retail
  • Yoga studios

Education & Schools

Average to above average for central Long Beach; not the primary draw for most buyers in this area.
Overall School Rating

Elementary Schools

  • Stevenson Elementary
  • International Elementary

Middle Schools

  • Franklin Classical Middle School

High Schools

  • Renaissance High School for the Arts
  • Polytechnic High School

Private Schools

  • St. Anthony High School
  • Maple Village Waldorf

Transportation & Accessibility

Transit & Roads

Public Transit

  • Metro Blue Line (A Line)
  • Long Beach Transit bus routes

Major Roads

  • Ocean Blvd
  • Broadway
  • Long Beach Blvd
  • 7th St

Commute & Walkability

Commute Times15–30 minutes to most Long Beach employment centers; 40–60 minutes to Downtown LA via Metro.
WalkabilityExcellent; most errands can be accomplished on foot.
ParkingLimited street parking; many buildings offer garage or assigned parking, but some older buildings have no parking.

Marketing Intelligence

Target Buyer Types

  • Young professionals
  • Investors
  • Artists/creatives
  • Empty nesters

Key Selling Points

  • Arts district vibe
  • Historic architecture
  • Walkability
  • Access to transit and downtown amenities

Pricing Considerations

Price competitively due to recent market correction; highlight value compared to other urban LA/OC neighborhoods.

Common Objections & Response Strategies

Objection: Higher crime rates than suburban areas

Response Strategy:

Emphasize active neighborhood watch, busy streets, and ongoing city investment in safety.

Objection: Limited parking

Response Strategy:

Highlight buildings with assigned parking, proximity to transit, and walkability reducing need for a car.

Objection: Noise and nightlife

Response Strategy:

Point out quieter units, soundproofing, and vibrant urban lifestyle as a trade-off.

Objection: Price volatility

Response Strategy:

Show long-term appreciation trends and value compared to other urban cores.

Investment Insights

Investment Potential

Appreciation Potential

Strong long-term due to location and ongoing revitalization, but short-term volatility as seen in 2024-2025 price correction.

Rental Demand

High; popular with renters seeking urban lifestyle and proximity to amenities.

Buyer Competition

Moderate; balanced market as of mid-2025, but competition for unique/historic units.

Best For

  • Investors
  • First-time buyers seeking urban lifestyle
  • Empty nesters
  • Young professionals

Potential Concerns

  • Short-term price volatility
  • Parking limitations
  • Noise and urban issues

Professional Recommendations

1

Educate buyers on recent price trends and long-term value.

2

Highlight unique arts/culture features and walkability.

3

Prepare buyers for urban trade-offs (parking, noise, etc.).

4

Network with local businesses and arts organizations for hyperlocal insights.

5

Stage and market properties to emphasize light, space, and historic character.

6

Price listings competitively and monitor market shifts closely.

Competitive Analysis

Comparable Markets

  • Downtown Long Beach
  • Alamitos Beach
  • Downtown Los Angeles Arts District

Market Positioning

Best value for urban, arts-focused living in coastal LA/OC region.

Competitive Advantages

  • Lower price point than LA Arts District
  • Unique historic inventory
  • Superior walkability and beach proximity

Price Comparison

Significantly lower median price than LA Arts District ($359K vs. $627K–$735K in 2025)

Investment Metrics

4.5%–5.5% (typical for urban Long Beach multifamily/condo)
Cap Rates
4%–5% gross yield on condos/lofts
Rental Yields
16–18 (favorable for investors compared to LA core)
Price-to-Rent
Positive cash flow possible with 20%+ down; strong rental demand supports stable income.
Cash Flow
Moderate to strong long-term, but expect short-term volatility.
Appreciation

Buyer Journey Insights

First-Time Buyers

Accessible entry prices; urban lifestyle appeal; must be comfortable with city living trade-offs.

Move-Up Buyers

May seek larger or historic lofts; limited single-family options.

Downsizers

Appealing for those seeking walkability and low-maintenance living; many elevator buildings.

Investors

Strong rental demand and value-add opportunities; watch for HOA/assessment costs.

Relocators

Attractive for those moving from higher-priced LA/OC urban cores; vibrant lifestyle and amenities.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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