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Template Five

phil+t5@lofty.com

$2,300,000

Est. payment - /mo

4 Beds

3 Baths

1,956 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Peninsula (Pi)

MLS Listing ID OC26037887

Bedrooms 4

Lot Size 1,956 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Turnkey Peninsula income property located close to the sandy Bay shoreline in Long Beach. Fully renovated duplex configuration consisting of a 3-bedroom, 2-bath front residence and a 1-bedroom, 1-bath unit above a detached 2-car garage. Property zoned as a duplex. Extensive permitted capital improvements completed in 2025 include new roofs on both units, full PEX re-pipe, upgraded electrical panels, mini-split HVAC systems in both units, new garage door, new washer/dryer units and a new tankless water heater servicing the rear unit. In 2024 both kitchens and all baths were remodeled, new appliances including refrigerators, flooring and electric fireplace added then too. The back unit is currently city-registered and operating as a 5-star Airbnb, averaging approximately 5k-6k per month (can show history). Ideal for short-term rental, long-term lease, or owner-occupant with income strategy. Prime Bay-side location near waterfront recreation, yacht club, and the high-demand Belmont Shore and Naples lifestyle corridor ensures strong rental appeal. Significant system upgrades reduce deferred maintenance and enhance long-term investment stability.

Location

State CA

County Los Angeles

Zoning Assessor

Direction From Ocean Blvd turn toward the bay on 63rd. 2nd from end on left.

Interior

Heating Zoned Areas, Fireplace

Cooling Zoned Area(s)

Fireplace No

Exterior

Utilities Available Sewer Connected

View Y/N No

Roof Type Composition

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 7245022006

Acceptable Financing Conventional

Listing Terms Conventional

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Listed by Brian Wilson, DRE#01321478 First Team Real Estate

83 63rd Place Long Beach, CA 90803