Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
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10 66th Place

Long Beach, CA, 90803

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$4,775,000

MLS: OC26031827

Beds

5

Baths

6

Sq Ft

3,686

Lot

0.09 ac

Year Built

1962

MLS #

OC26031827

Days on Market

59

Listed

Feb 12, 2026

Description

Positioned directly on the sand at a premier corner location, this exceptional oceanfront property offers a rare combination of architectural sophistication, flexibility, and future upside. Currently configured as two expansive residences, a three bedroom lower home and a two bedroom plus den/office upper home, the property may also be reimagined as one grand single family beachfront estate. Between 2021 and 2024, the building underwent a comprehensive transformation, with nearly every major system upgraded or replaced. Improvements include a new roof, replastered exterior, upgraded electrical and plumbing, new windows and doors, a newly constructed oceanfront balcony, and a striking glass pneumatic elevator showcasing coastal views. Interiors reflect a refined international aesthetic, elevated by imported finishes and bespoke design elements. A SMEG gas range, custom fabricated hoods, marble fireplace surrounds, a built-in Thermador refrigerator, floor to ceiling wine display, Toto electronic water closet, and integrated microwave drawers define the living spaces. Kitchens are designed for entertaining, featuring a 22 foot counter in the lower residence and a 15 foot island with vegetable sink in the upper residence. Outdoor living is equally compelling, highlighted by an ocean view entertaining terrace with an 18 by 13 foot porcelain clad kitchen with quartz countertops, along with a custom outdoor shower accented by an original hand painted surfboard. A refined entry lobby connects both residences and the elevator, while a fully finished two car garage provides a rare and valuable amenity in this beachfront enclave. With Long Beach selected to host multiple events during the 2028 Summer Olympics, and the region welcoming the upcoming World Cup and Super Bowl, the property presents a compelling opportunity for luxury short term rental demand and long term value appreciation, whether enjoyed as a private coastal compound or a high end income producing asset.

Location

Long Beach, Los Angeles County, CA 90803

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Listed by: Cheyenne Alred · Pacific Sotheby's Int'l Realty

Payment estimate

$33,469

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $477,500 · Loan: $4,297,500

%
Principal & Interest
$26,405
Property tax (1.25%)
$4,974
Homeowners insurance
$300
Mortgage insurance
$1,791
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $167,125 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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