James Melton
James Melton, California Value Group, Inc.Phone: (714) 318-4664
Email: [email protected]

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listing
1 of 17
Residential IncomeSold
List Price $4,250,000
Sold Price $3,900,000
40 63rd Place
Long Beach, CA 90803
Listed by Juan Huizar DRE#01417642 [email protected] Sage Real Estate
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$22,038/mo

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.

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Information courtesy of Sage Real Estate is subject to verification and is not guaranteed.
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