858-483-4687


 

San Diego Real Estate

Alexander Pfleger (GRI, SRES)

Realtor® / Loan Consultant

Buying or Selling

Residential, Townhouse or Condo, and Estates
P: 858.483.4687 [email protected]

 

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63 65th Place
Long Beach, California CA 90803
Price: $2,399,000
ACTIVE Status, Bedrooms, Full Baths
2,396 SqFt , 0.055 Acres
Listing ID # PW19061333

Property Description:

Combining Waterfront Lifestyle and Investment! Huge Owners Penthouse with FANTASTIC BAY VIEW AND PEEK-A-BOO OCEAN VIEW!!! Let your tenants make your payment and then retire on the income from the 4 apartments! Only steps from the Bay, Yacht Club or the Beach! Paddle your Kayak or Paddle Board through Naples Canals & Alamitos Bay and Stop for Brunch at 'Schooner or Later', or Refreshments at Ballast Point, The Boat House or The Crab Shack. Surf, Paddle, Kite Surf or Enjoy Amazing Sunsets on the Uncrowded BCombining Waterfront Lifestyle and Investment! Huge Owners Penthouse with FANTASTIC BAY VIEW AND PEEK-A-BOO OCEAN VIEW!!! Let your tenants make your payment and then retire on the income from the 4 apartments! Only steps from the Bay, Yacht Club or the Beach! Paddle your Kayak or Paddle Board through Naples Canals & Alamitos Bay and Stop for Brunch at 'Schooner or Later', or Refreshments at Ballast Point, The Boat House or The Crab Shack. Surf, Paddle, Kite Surf or Enjoy Amazing Sunsets on the Uncrowded Beach! Enjoy the Eclectic 2nd Street Shopping and Night Life too! Easy to Rent!!! Great Cash Flow Investment with a possible $6300/mo coming in from the 4 Units, and a possible $3,800 from the Penthouse! Occupants share/pay 100% of ALL Utilities! 63 65th Place-1705 sqft Penthouse $3,800/mo., 65-795 sqft-1 bedroom $1800/mo. 65A-425 spft-Studio $1,200/mo., 65B-510 sqft-1 Bedroom $1,650/mo., and 65C-555 sqft-1 Bedroom $1,650/mo for a Total of 4,010 sqft and over $10,000/Mo . If Owner lives in Penthouse, income is still great at $6100/mo. Close to freeways, shopping, restaurants, and entertainment!

Primary Features

Neighborhood: Peninsula (PI)
Number of Buildings: 1
Number of Units: 5
Water: Meter on Property
Sewer/Septic: Sewer Connected
Pool: N/K

Interior Features

Levels: 2 Story
Total Stories: 2
Unit 1 Number of Bedrooms: 2
Unit 1 Number Total Baths: 2
Unit 2 Number of Bedrooms: 1
Unit 2 Number Total Baths: 1
Unit 3 Number Bedrooms: 1
Unit 3 Number Total Baths: 1
Unit 4 Number of Bedrooms: 1
Unit 4 Number Total Baths: 1

External Features

Entry Only: no
Lot Size: 1-3,999 SF
Site: Cul-De-Sac, Curbs, Sidewalks
View: Bay

Location Information

Zip/Area: LONG BEACH (90803)
Zoning: LBR2I

Financial Details

Annual Expense Actual: 34010
Assessments: Yes/Remarks
Assessors Parcel Number: 7245026008
Cap Rate Actual: 3.24
Gross Rent Multiplier Act: 20.5
Gross Scheduled Income Actual: 10100
Sale/Rent: For Sale
Terms: Cash, Conventional, Seller May Carry
Unit 2 Rent Actual: 1650
Unit 3 Rent Actual: 1500
Unit 4 Rent Actual: 1500

Additional

Number of Units w/Range/Oven: 5
Property Type: 2-4 UNITS
Unit Number for Unit 1: 1
Unit Number for Unit 2: 2
Unit Number for Unit 3: 3
Unit Number for Unit 4: 4

Zoning Info


Listing courtesy of Team Chamberlain Realty Exe.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) services provided by SDMLS and CRMLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. © 2020 San Diego Multiple Listing Service, Inc. © 2020 California Regional Multiple Listing Service. Data updated on Thursday, January 23rd, 2020 01:07:42 PM.

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Alexander Pfleger

Erie St.
San Diego, CA 92117
Phone: 619-339-7334
Phone Alt: 858-483-4687

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San Diego Real Estate

Alexander Pfleger (GRI, SRES)

Realtor® / Loan Consultant

Buying or Selling
P: 858.483.4687
[email protected]


California Department Real Estate Broker #01043581
© Alexander Pfleger Real Estate. All Rights Reserved.