
Long Beach, California 90803
This Turnkey Coastal Duplex is listed at $2,300,000, representing a stable acquisition aligned with its $2,235,793 Fair Market Value. Boasting a Like-New Condition Rating following a comprehensive 2025 permitted renovation, the asset features a 3-bedroom front residence and a high-performing 1-bedroom Airbnb generating up to $6,000 monthly. Located steps from the bay within the 10/10 rated Naples Elementary School zone, the property offers Peek-A-Boo Water Views and upgraded systems including mini-split HVAC and PEX plumbing. This hybrid asset is a premier choice for Owner-Occupants seeking a luxury house-hack or Buy-and-Hold Investors targeting the high-demand Peninsula market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 83 63rd Place Subject | $2,300,000* List Price | 0 | 0 | 1,784 | $1,253 | - |
A 27 66th Place Active | $2,495,000 List Price | 0 | 0 | 2,190 | $1,139 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
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.
Elementary School: Naples Elementary School (10/10).
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.
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.
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.
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.
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.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,784 | 2,280.5 | 38% |
| Lot Size | 1,956 | 3,153 | 4% |
| Price | $2.30M | $1.53M | 83% |
| Price per sq ft | $1.3K | $760 | 96% |
| Built year | 1951 | 1943 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 149 | 25% |
Feb 20, 2026
$2,300,000
Initial Listing
Nov 13, 2024
$2,000,000
Public Record
Mar 21, 2024
$1,400,000
Public Record