76 61st Place, Long Beach, California 90803, Long Beach, 90803 - 5 bed, 3 bath

76 61st Place, Long Beach, California 90803 home-pic-0
ACTIVE$3,500,000
76 61st Place, Long Beach, California 90803
5Beds
3Baths
2,262Sqft
4,839Lot
Year Built
1932
Close
-
List price
$3.5M
Original List price
$3.5M
Price/Sqft
$1,547
HOA
-
Days on market
-
Sold On
-
MLS number
PW25031783
Home ConditionFair
Features
Good View: Neighborhood
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $3.50M(95th), sqft - 2262(59th), beds - 5(88th), baths - 3(50th).

Charming vintage property on a rare, large, oversized lot 61X 80 on the desirable Long Beach Peninsula just a few feet from the sought after Bay Side of the Peninsula. Great opportunity for a builder! Relax and enjoy the soothing ocean breezes on the spacious plant filled courtyard with a classic brick fireplace, perfect for outdoor living and entertaining. The first floor of the house has three bedrooms. A spacious light and airy family style kitchen with a vaulted beamed ceiling, sky window, fireplace and wall-to-wall widows and French doors which overlook and open onto the pleasant courtyard making it perfect for entertaining. The living room has a wall-to-wall classic multi-pane window bringing in lots of sunlight. In addition, the first floor also has a separate one-bedroom unit with a kitchen, living room with fireplace, bathroom and light filled sunroom. There is a private entryway to the upper level of the house which has two bedrooms, kitchen and bathroom. Convenient attached garage with a driveway for additional parking. Also, there is space to park two additional cars in the back of the house. Enjoy the sandy beach and water sports on the bay with its amazing view just steps from your front door. This is your chance to become a homeowner in one of the most desirable beach communities in Southern California. The 3 br is currently rented for $3,750, the 2 br is rented for $2,310 and the studio is rented for $1,980.

Nearby schools

10/10
Naples Elementary School
Public,K-50.5mi
7/10
Rogers Middle School
Public,6-81.3mi
6/10
Wilson High School
Public,9-122.3mi
Condition Rating
Fair

The property was built in 1932 and has not been fully renovated recently. The kitchen has a vaulted beamed ceiling, sky window, and fireplace, but the appliances and cabinets appear dated in the images. The bathrooms are not clearly visible, but seem dated. The property appears to be maintained, but requires updates to bring it to modern standards.
Pros & Cons

Pros

Prime Location: Located on the desirable Long Beach Peninsula, steps from the bay, offering a highly sought-after beach community lifestyle.
Large Lot Size: Oversized 61X80 lot provides ample space for outdoor living and potential expansion or development.
Multiple Units: Features a main house with three bedrooms, a separate one-bedroom unit, and an upper-level two-bedroom unit, offering diverse living arrangements or rental income opportunities.
Outdoor Living Space: Spacious plant-filled courtyard with a classic brick fireplace, ideal for outdoor relaxation and entertaining.
Rental Income Potential: Currently generating substantial rental income from the three units, presenting an attractive investment opportunity.

Cons

Vintage Property: Built in 1932, the property may require updates and renovations to meet modern standards and preferences.
Potential Renovation Needs: While charming, the vintage nature suggests potential for necessary repairs or upgrades, impacting initial investment.
Neighborhood View: The property has a neighborhood view, which may not be as desirable as ocean or bay views, potentially affecting its premium value.

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