22 65th Place,Long Beach, CA 90803
Unit
Price
Price Per Unit
Price per SF
Current Cap Rate
Market Cap Rate
Current GRM
Market GRM
22 65th Place,Long Beach, CA 90803
Price
Price per SF
Price Per Unit
Price per SF
Current Cap Rate
Market Cap Rate
Unit
Current GRM
Market GRM
22 65th Place is a duplex in a coveted A+ location, directly on the Alamitos Peninsula, known as “The Peninsula” in Long Beach. The property is located just steps from the boardwalk, sand and Pacific Ocean, and a stone’s throw to Alamitos Bay, The Marina, Naples Island and Belmont Shore.
The 1,100-square-foot front unit offers three (3) bedrooms and two (2) bathrooms with 1920’s detail, including high open wood beam ceilings, original hardwood floors, and a Dutch-tile fireplace.
The 1,000-square-foot, two-story rear unit offers three (3) bedrooms and one (1) bathroom. The second floor is a large, light-filled bedroom with open wood ceilings and access to a sizable roof deck to soak up the sun.
Onsite laundry facilities, storage, garage and parking space in front of the garage offer the potential for additional income.
22 65th Place presents a new buyer with the opportunity to own a well-maintained asset in an A+ location with +/-18% rental upside.
