83 63rd Place, Long Beach, California 90803, Long Beach, 90803 - bed, bath
83 63rd Place
Long Beach, California 90803
Property Price
SUMMARY
Analysis of 83 63rd Place, Long Beach, California 90803 is currently available with a list price of $2,300,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property underwent a comprehensive, permitted renovation in 2024 and 2025, effectively bringing it to like-new condition. Major system upgrades include new roofs, PEX plumbing, electrical panels, and mini-split HVAC systems. The interiors feature fully remodeled kitchens with high-end stainless steel appliances, modern bathrooms with contemporary tile work, new flooring, and updated fixtures throughout, leaving no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Naples Elementary School (10/10).
- Extensive Modern Upgrades
The property features significant permitted capital improvements completed in 2025, including new roofs, PEX plumbing, upgraded electrical, and mini-split HVAC systems, ensuring minimal deferred maintenance for the new owner.
- Proven Income Generation
The rear unit is a city-registered, 5-star Airbnb generating $5,000–$6,000 per month, offering a turnkey revenue stream and a high-performing investment strategy from day one.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
With a lot size of only 1,956 square feet, the property offers very limited outdoor space and tight quarters between the front and rear units, which may impact privacy.
- Premium Price Point
At a $2.3M valuation, the property is priced at a significant premium, which may result in a lower capitalization rate for investors relying solely on traditional long-term leasing.
About 83 63rd Place
Turnkey Peninsula income property located close to the sandy Bay shoreline in Long Beach. Fully renovated duplex configuration consisting of a 3-bedroom, 2-bath front residence and a 1-bedroom, 1-bath unit above a detached 2-car garage. Property zoned as a duplex. Extensive permitted capital improvements completed in 2025 include new roofs on both units, full PEX re-pipe, upgraded electrical panels, mini-split HVAC systems in both units, 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, new appliances including refrigerators, flooring and electric fireplace added then too. The back unit is currently city-registered and operating as a 5-star Airbnb, averaging approximately 5k-6k per month (can show history). Ideal for short-term rental, long-term lease, or owner-occupant with income strategy. 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.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1951
- Lot Size
- 1,956 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Long Beach Unified Schools
Naples Elementary School
Grades K-5 • 0.5 mi
Rogers Middle School
Grades 6-8 • 1.3 mi
Wilson High School
Grades 9-12 • 2.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,784 | 2,553.5 | 27% |
| Lot Size | 1,956 | 3,171 | 5% |
| Price | $2.30M | $1.61M | 77% |
| Price per sq ft | $1.3K | $685 | 95% |
| Built year | 1951 | 1938 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 249 | 5% |
Pricing History
Listed for Sale
Feb 20, 2026
$2,300,000
Initial Listing
Sold
Nov 13, 2024
$2,000,000
Public Record
Sold
Mar 21, 2024
$1,400,000
Public Record