64 62nd Place, Long Beach, CA 90803

$2,550,000
List Price
$2,550,000
Price Change
▼ $145,000 1660191549
Status
ACTIVE
MLS#
PW22140078
Year Built
1928
Lot Size
1,986
Acres
0.0456
Lot Location
Item25UnitsAcre
Days on Market
53
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

Rare mixed use offering on the peninsula in Southern California is just steps to the sand. Currently an owner-occupied triplex, this is a dream property for investors looking to buy in a prime coastal location. There is also the big plus of commercial and short term rental uses providing upside on income generated. Upgrades include copper plumbing, drain work, vinyl windows, new paint, trim & stucco, flooring, tile, fixtures, appliances, heating and air, custom wrought iron balconies, custom canopies, granite counters, French doors, custom window coverings, resort style outdoor deck areas, private patios, split level/open floor plans, recessed lighting, VIEWS and more. The Belmont Shore, Alamitos Bay, Pacific Ocean, Peninsula area of Long Beach is a highly desired coastal location where you are able to achieve the California dream to live, work and play every day at the beach! All information is deemed reliable but not guaranteed, buyer to conduct own investigations.

Additional Information

Taxes
$7,727
Other Buildings
LivingQuarters
Heat
Central, Fireplace(s), See Remarks
Cooling
Yes
Cooling Description
SeeRemarks
Exterior Construction
Frame, Stucco
Water
Public
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$348,000
Operating Expense
34027
Water Features
AcrosstheRoadfromLakeOcean, Beach Access, Ocean Access, OceanSideOfFreeway

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Renee Lawler from So Cal Dwell

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.