21 67th Place

Long Beach, CA 90803

$1,700,000
Last Sold Price
3
Beds
4
Baths
1,894 Sq. Ft.
$898 / Sq. Ft.
1,894
Sq. Ft.
$898
per Sq. Ft.

Description

21 67th Place is the essence of coastal charm. Lovingly maintained by the same family for approximately 50 years, the apartments are located just steps from the sand, near the tip of the Peninsula neighborhood. Built as a legal duplex, a non-permitted third unit - a studio - has been in place for decades. The current owners have plans approved with the city to formally convert that unit into an Accessory Dwelling Unit (ADU). The 2-Bedroom Unit has a rooftop room that could easily be used as a third...21 67th Place is the essence of coastal charm. Lovingly maintained by the same family for approximately 50 years, the apartments are located just steps from the sand, near the tip of the Peninsula neighborhood. Built as a legal duplex, a non-permitted third unit - a studio - has been in place for decades. The current owners have plans approved with the city to formally convert that unit into an Accessory Dwelling Unit (ADU). The 2-Bedroom Unit has a rooftop room that could easily be used as a third bedroom, or an office.
  1. Listed by Damien Breaux • DRE #01460301 • Brokerage DRE #01220368 • Morgan Skenderian

Property Details for 21 67th Place

View
Ocean
Parking Spaces Total
3
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1894
Assessor Parcel Number
7245-029-021

Location

Listing Courtesy of Morgan Skenderian, Damien Breaux, DRE #01460301

Sold By Morgan Skenderian, Damien Breaux, DRE #01460301

Add your commute
LISTING UPDATED: 08/29/2022 03:55 AM

Property Details for 21 67th Place

StatusClosed
MLS #PW22103094
Days on Market42
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1961
Lot Size0.06 AC / 2,400 SF
CountyLos Angeles County

Location

Listing Courtesy of Morgan Skenderian, Damien Breaux, DRE #01460301

Sold By Morgan Skenderian, Damien Breaux, DRE #01460301

Add your commute

Building Information for 21 67th Place

Stories-Residences-Year Built1961Building Size-Lot Size0.06 AC / 2,400 SF

Payment Calculator

$11,077 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,278

Property Taxes

$1,799

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 21 67th Place

Income / Expense / Tax Details
Income Details
  • Gross Income: $73,008
  • Gross Scheduled Income: $73,008
  • Vacancy Allowance: 1460
  • Vacancy Allowance Rate: 2
  • Gross Operating Income: $71,548
  • Net Operating Income: $34,448
  • Gross Multiplier: 25.68
  • Cap Rate: 1.8
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $37,100
  • Operating Expense Percent: 50.80%
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $6,634
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $37,100
Tax / Assessment Info
  • Tax Block: 24
  • Tax Tract Number: 0
  • Tax Census Tract: 5775.04
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 7
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
Exterior Features
  • View Description: Ocean
  • Waterfront Features: Across the Road from Lake/Ocean, Beach Access, Ocean Access
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Peninsula
  • Builders Tract Code: Peninsula (PI)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,982
  • Unit Type Total Rent: $2,982
  • Unit Type Pro Forma: 3495
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,202
  • Unit Type Total Rent: $1,202
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2495
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 21 67th Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 21 67th Place

Taxable ValueLand$1,100,000Additions$600,260Total$1,700,260
Tax Record2023$21,586 ($1,799 / month)
Home Facts
Total Finished SqFt1,894 SqFtAbove Grade Finished SqFt1,894 SqFtLot Size2,414 SqFtStyleDuplexYear Built1961ZoningLBR2ICountyLOS ANGELESAPN7245-029-021

Schools near 21 67th Place

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Naples Elementary School
PublicK to 5

Rogers Middle School
Public6 to 8

Wilson High School
Public9 to 12

Eunice Sato Academy Of Math & Science
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Morgan Skenderian, Damien Breaux, DRE #01460301

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.