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Long Beach Four-Unit Coastal Property
For Sale
$2,495,000

27 66th Place, Long Beach, CA 90803

Four-unit property near the beach with investment potential.

Property Size2,190 SF
Days on Market166

Property Features for 27 66th Place

General Information

Standard status Active
Size 2,190 SF
Total Parking Spaces 3
Property subtype Residential Income
Net Operating Income $86,639

Amenities

Curbs, Street Lights, Sidewalks
Central, See Remarks
Dishwasher, Electric Range, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Water Heater, Dryer, Washer
Ceiling Fan(s)
Family Room
Neighborhood, Ocean
Wood
Garage Faces Front, Garage, Garage Door Opener, Garage Faces Rear
Balcony, Lighting, Rain Gutters

Building Details

Building Size 2,190 SF
Year Built 1949
Buildings 1
Stories 2
Listed By: Ana Hlavnicka
Source: Evrealestate
Added: Mar 23 Changed: Aug 23 Last Checked: Sep 2 at 4:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ana Hlavnicka

Investment Insights

Based on property information with market context.

This well-maintained four-unit property presents a coastal living and investment opportunity on the Long Beach Peninsula. Located steps from the beach, between the Pacific Ocean and Alamitos Bay, the property is near Belmont Shore shops, dining, nightlife, kayaking, paddle boarding, sailing, and biking and running paths, with a yacht club nearby. The building includes two upstairs one-bedroom, one-bath units and two downstairs studios, each with a private entrance. Unit 29 B, renovated in 2025, features a fireplace, ocean view, an extended bedroom area suitable for an office or nursery, a balcony overlooking the common area, and a one-car garage (originally two-car, no dividing wall). Unit 27 A, updated in 2024, includes a private garage suitable for small vehicles or motorcycles. Unit 27 B, updated around 2018, features a fireplace and extensive improvements. Unit 29 B has central heating, while the other units are equipped with mini-split systems. Unit 29 A is ready for some TLC. The property has undergone major system upgrades and interior modernizations, reducing deferred maintenance and offering long-term rental growth potential. It is being sold subject to a 1031 exchange. The seller also owns a sister four-unit building at 6514 E Ocean Blvd, Long Beach, and is open to negotiating attractive deals for the purchase of both properties together.

Key Highlights

  • Prime location: Steps from the beach, between the Pacific Ocean and Alamitos Bay, near Belmont Shore amenities.
  • Strong investment potential: Four‑unit property with major system upgrades and modernized interiors.
  • Unit 29 B features: Ocean view, fireplace, extended bedroom area, balcony, and a one‑car garage.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Daycare Center Grocery & Convenience Store HVAC Service Garden Center (Bike/Boat/Book/etc) Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

427
Businesses Nearby

Demographics for 90803, CA

32,192
Population
18,516
Households
1.7
Avg Household Size
46
Median Age
61%
College-Educated
95%
High-School Grad
4.1 sq mi
ZIP Area
7,852
Density / Sq Mi
$111,500
Median Household Income
$73,944
Median Earnings
$2,073
Median Rent
$1,138,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property near the beach with investment potential.
Where is this quadplex located?
The property is located at 27 66th Place Long Beach, CA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Prime location: Steps from the beach, between the Pacific Ocean and Alamitos Bay, near Belmont Shore amenities.; Strong investment potential: Four‑unit property with major system upgrades and modernized interiors.; Unit 29 B features: Ocean view, fireplace, extended bedroom area, balcony, and a one‑car garage.
More about this property
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