Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    83 63Rd Pl Long Beach, CA 90803

    Sponsored
    For Sale
    $2,300,000

    Cape Cod, Duplex - Long Beach, CA

    Type:Duplex
    Property size:
    1,784 SF
    Lot size:
    1,956.00 Acres
    Days on Market:
    3
    Last Refresh:
    Feb 21 at 5:06 pm

    Property Features for 83 63Rd Pl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Zoning
    Duplex
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Living Room
    Bedrooms
    4
    Bathrooms
    3
    APN
    7245022006
    Parking
    2
    Parking features
    Driveway, Garage, Side by Side
    Interior features
    Ceiling Fan(s), Pantry, Quartz Counters, Recessed Lighting, Track Lighting, None, Doors - Swing In, Panel Doors, Carbon Monoxide Detector(s), Window Features: Screens, Wood Frames
    Exterior features
    Fence, Community Features Included: Curbs, Gutters, Sidewalks, Suburban, Corners Marked, Rectangular Lot, Level, No Landscaping, Utilities - Overhead
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Dishwasher, Garbage Disposer, Oven - Gas, Range, Range - Gas, Refrigerator, Washer
    Size
    1,784 SF
    Lot size
    1,956.00 Acres

    Utilities

    Heating system
    Ductless (Heating), Electric (Heating), Fireplace(s), Zoned (Heating)
    Cooling system
    Ductless, Electric, Zoned
    Water front features
    Beach Access, Ocean Access, Ocean Side Of Highway 1

    Building Details

    Year built
    1951
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Laminate
    Building materials
    Shake Siding, Stucco
    Roof type
    Composition, Shingle
    Architectural style
    Cape Cod

    We can help!

    Listing Contact
    Brian Wilson

    First Team Real Estate (949) 988-3000

    Listing agent Brian Wilson (949) 240-7979 License #01321478

    Listing date Feb 19, 2026

    MLS# OC26037887 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Turnkey Peninsula Income Property

    This turnkey peninsula income property is located near the sandy bay shoreline in Long Beach. The property, zoned as a duplex, features a fully renovated configuration consisting of a 3-bedroom, 2-bath front residence and a 1-bedroom, 1-bath unit above a detached 2-car garage. Extensive permitted capital improvements completed in 2025 include new roofs on both units, a full PEX re-pipe, upgraded electrical panels, mini-split HVAC systems in both units, a new garage door, new washer/dryer units, and a new tankless water heater servicing the rear unit. In 2024, both kitchens and all baths were remodeled, and new appliances including refrigerators, flooring, and an electric fireplace were added. The back unit is currently city-registered and operating as a 5-star Airbnb, averaging approximately 5k-6k per month. The property is ideal for short-term rental, long-term lease, or owner-occupant with income strategy. The prime bay-side location near waterfront recreation, yacht club, and the high-demand Belmont Shore and Naples lifestyle corridor ensures strong rental appeal. Significant system upgrades reduce deferred maintenance and enhance long-term investment stability. The property has a size of 1784 square feet and sits on a lot of 0.0449 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.121631
    Latitude
    33.749066

    Nearby Similar for Sale

    • $3,995,000
      19,195 SF

      Versatile Church Property in Long Beach

      1.7-acre property with sanctuary, gym, school/commercial kitchen, and ample parking.
      6698 Orange Ave, Long Beach, CA 90805
      View Details
    • $1,299,000
      2,420 SF

      Long Beach Triplex with ADUs

      Triplex with updated main house and two new ADUs.
      496 E 52Nd St, Long Beach, CA 90805
      View Details
    • $1,540,000
      2,378 SF

      California Heights Duplex Collection

      Two remodeled bungalows blending period architecture with modern design.
      3580 Gundry Ave, Long Beach, CA 90807
      View Details
    • $2,700,000
      9,200 SF

      Long Beach Commercial Investment Property

      Commercial property with retail spaces and potential for additional development.
      208 W Anaheim St, Long Beach, CA 90813
      View Details
    • $2,045,000
      4,600 SF

      Remodeled Long Beach Townhouse-Style Quadplex

      Fully remodeled 4-unit townhouse-style property in Long Beach, CA.
      1144 Stanley Ave, Long Beach, CA 90804
      View Details
    • $1,165,000
      1,556 SF

      Long Beach Duplex with Upgrades

      Updated duplex in Long Beach, live in one, rent the other.
      4027 E 11Th St, Long Beach, CA 90804
      View Details
    • $1,250,000
      3,164 SF

      East Long Beach Commercial Property

      Commercial property in East Long Beach with high accessibility.
      3535 E 7Th St, Long Beach, CA 90804
      View Details
    • New
      $1,199,988
      2,554 SF

      Turnkey Long Beach Quadruplex

      Renovated 4-unit property in desirable Poly High area.
      1941 Olive Ave, Long Beach, CA 90806
      View Details
    • $1,475,000
      4,670 SF

      Long Beach Apartment Building

      Two-building complex with a bungalow and four large units.
      744 Walnut Ave, Long Beach, CA 90813
      View Details
    • $850,000
      1,360 SF

      Charming Duplex in North Long Beach

      Renovated duplex with bonus room and growth opportunity.
      1430 E Michelson St, Long Beach, CA 90805
      View Details
    • $2,099,000
      3,592 SF

      Belmont Heights Multifamily Opportunity

      Five-unit multifamily property near the ocean and 2nd Street.
      207 Mira Mar Ave, Long Beach, CA 90803
      View Details
    • $350,000
      1,020 SF

      Thriving Coffee and Sandwich Business

      Established coffee shop with loyal customers in high-traffic Long Beach.
      5203 Pacific Coast Hwy, Long Beach, CA 90804
      View Details

    FAQs

    What type of property is this?
    Duplex - Renovated duplex near the bay shoreline in Long Beach.
    Where is this duplex located?
    The property is located at 83 63Rd Pl Long Beach, CA.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - Turnkey income property: **3-bed, 2-bath front residence paired with a 5-star Airbnb 1-bed, 1-bath back unit.**; - Extensive permitted capital improvements completed in 2024 & 2025: new roofs, full PEX re-pipe, upgraded electrical panels, mini-split HVAC systems, remodeled kitchens & baths, and new appliances.; - Back unit is a city-registered 5-star Airbnb averaging $5k-$6k per month.
    (949) 933-0852
    Request Owner's contact information
    83 63Rd Pl Long Beach, CA 90803
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    83 63Rd Pl
    Long Beach, CA 90803
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    83 63Rd Pl Long Beach, CA 90803
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Brian Wilson
    Real Estate License ID: 01321478
    (949) 933-0852 (949) 497-5454 (949) 240-7979
    Learn more
    Google sign-in failed. Please try again or use another login method.