40 63rd Place, Long Beach, CA 90803

About this property

This 11-unit property is a once in a lifetime opportunity as it was last sold before the 1980s. As the 3rd largest apartment building on The Peninsula, with the 2nd largest lot on The Peninsula, the property features eleven 1 bedroom, 1 bathroom units at approximately 604 SF each. If you are familiar with this area, you know parking is a luxury - have no fear... this property contains 7 garage parking spaces to generate additional income. The property has been well-maintained and features a sunny courtyard for the tenants to enjoy. The location is prime, being a few steps from the water and sand of Alamitos Bay, while only 1 block away from the only restaurant, coffee shop, convenience store, and laundromat on The Peninsula.

Listing description from the June 2023 sale, as reported to CRMLS.

Sale history

$3,900,000

Sold June 2023 · listed $4,250,000, orig. $4,997,500, on market October 2022 · MLS #PW22235774 · Source: CRMLS

Listing Agent: Juan Huizar · Listing Office: Sage Real Estate · Contact: 562-400-7622 · Bought with: RYAN RAYBURN · NONMEMBER MRML

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