22 65th Place Long Beach, CA 90803
Peninsula NeighborhoodEstimated Value: $1,697,961 - $1,817,000
6
Beds
3
Baths
2,109
Sq Ft
$841/Sq Ft
Est. Value
About This Home
As of April 202422 65th Place is a duplex in a coveted A+ location, directly on the Alamitos Peninsula, known as "The Peninsula" in Long Beach. The property is located just steps from the boardwalk, sand and Pacific Ocean, and a stone's throw to Alamitos Bay, The Marina, Naples Island and Belmont Shore. The 1,100-square-foot front unit offers three (3) bedrooms and two (2) bathrooms with 1920's detail, including high open wood beam ceilings, original hardwood floors, and a Dutch-tile fireplace. The 1,000-square-foot, two-story rear unit offers three (3) bedrooms and one (1) bathroom. The second floor is a large, light-filled bedroom with open wood ceilings and access to a sizable roof deck to soak up the sun. Onsite laundry facilities, storage, garage and parking space in front of the garage offer the potential for additional income. 22 65th Place presents a new buyer with the opportunity to own a well-maintained asset in an A+ location with +/-18% rental upside.
Last Agent to Sell the Property
Keller Williams Realty Downey Brokerage Phone: 310-463-2916 License #01456379 Listed on: 06/07/2023
Co-Listed By
Keller Williams Realty Downey Brokerage Phone: 310-463-2916 License #00762602
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,130
Year Built
- Built in 1928
Lot Details
- 2,398 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 1 Car Garage
Home Design
- Duplex
Interior Spaces
- 2,109 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Listing and Financial Details
- Legal Lot and Block 14 / 25
- Tax Tract Number 25
- Assessor Parcel Number 7245025014
- $408 per year additional tax assessments
Community Details
Overview
- 2 Units
- Belmont Shore Subdivision
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $375
- Fuel Expense $375
- Insurance Expense $1,793
- Maintenance Expense $1,300
- Other Expense $450
- Trash Expense $375
- Water Sewer Expense $375
- New Taxes Expense $22,037
- Operating Expense $27,779
- Gross Income $86,136
- Net Operating Income $58,357
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 7, 2023
Closed on
Apr 22, 2024
Sold by
Fultheim Gary and Fultheim Jeremy Paul
Bought by
Hamlin William Lloyd and Hamlin Madoka Sasaki
Seller's Agent
Robert Stepp
Keller Williams Realty Downey
Buyer's Agent
Costanza Genoese Zerbi
eXp Realty of Greater Los Angeles
List Price
$2,025,000
Sold Price
$1,735,000
Premium/Discount to List
-$290,000
-14.32%
Total Days on Market
299
Views
414
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,240
Avg. Annual Appreciation
2.02%
Purchase Details
Closed on
Dec 6, 2022
Sold by
Leon Fultheim Family Trust
Bought by
Fultheim Jeremy Paul Sydney
Purchase Details
Closed on
Feb 12, 2020
Sold by
Fultheim Leon and Fultheim Gary
Bought by
Fultheim Leon and Leon Fultheim Family Trust
Purchase Details
Closed on
Mar 10, 1993
Sold by
Fultheim Helga
Bought by
Fultheim Helga and The Helga Fultheim Trust
Similar Homes in Long Beach, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hamlin William Lloyd | $1,735,000 | First American Title Company | |
| Fultheim Jeremy Paul Sydney | -- | -- | |
| Fultheim Leon | -- | None Available | |
| Fultheim Helga | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/29/2024 04/29/24 | Sold | $1,735,000 | -2.0% | $823 / Sq Ft |
| 04/01/2024 04/01/24 | Pending | -- | -- | -- |
| 03/21/2024 03/21/24 | Price Changed | $1,770,000 | -5.6% | $839 / Sq Ft |
| 11/10/2023 11/10/23 | Price Changed | $1,875,000 | -7.4% | $889 / Sq Ft |
| 06/07/2023 06/07/23 | For Sale | $2,025,000 | -- | $960 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $23,130 | $1,825,513 | $1,316,520 | $508,993 |
| 2023 | $22,000 | $1,734,443 | $1,261,413 | $473,030 |
| 2022 | $20,628 | $1,700,435 | $1,236,680 | $463,755 |
| 2021 | $20,239 | $1,667,094 | $1,212,432 | $454,662 |
| 2020 | $8,619 | $686,341 | $531,752 | $154,589 |
| 2019 | $8,519 | $672,884 | $521,326 | $151,558 |
| 2018 | $8,282 | $659,691 | $511,104 | $148,587 |
| 2016 | $7,612 | $634,076 | $491,258 | $142,818 |
| 2015 | $7,304 | $624,552 | $483,879 | $140,673 |
| 2014 | $7,248 | $612,319 | $474,401 | $137,918 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Stepp
Seller's Agent in 2024
Robert Stepp
Keller Williams Realty Downey
(310) 804-5079
1 in this area
71 Total Sales
-
Larry Bustamante
Seller Co-Listing Agent in 2024
Larry Bustamante
Keller Williams Realty Downey
(323) 481-9788
1 in this area
12 Total Sales
-
Costanza Genoese Zerbi
C
Buyer's Agent in 2024
Costanza Genoese Zerbi
eXp Realty of Greater Los Angeles
(562) 221-4527
2 in this area
381 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23099669
APN: 7245-025-014
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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