111 E. 67th Way, Long Beach, CA 90805 - OC24239230 - iPro Real Estate

111 E. 67th Way
Long Beach, CA 90805

Active, Multi-Family/Income Sale

For Sale

$1,395,000 $215.51 per sqft

Free Professional CMA

Listing ID : OC24239230

  • Beds

    6
  • Lot Size

    6,473 Sqft

Description

Luxurious, Fully Rebuilt Three-Unit Property, A Rare Income and Lifestyle Opportunity Experience the perfect harmony of modern design and practicality with this fully rebuilt three-unit property. Ideal for families or investors, this move-in-ready gem boasts high-end upgrades and a focus on luxury throughout. All work it done with proper permits. Live in one unit, and the rent from the other two units will cover the mortgage. Property Highlights Completely Rebuilt: Brand-new: Electrical Systems, Plumbing, Roofing, Air Conditioning system, Automatic Sprinkler System, Double Pane Milgard Windows, and Flooring across all units. Meticulously Designed Interiors: Modern open floor plans, high-quality finishes, and full-tile bathrooms with exquisite stone designs. Independent Utilities: Each unit is separately metered for electricity and gas. Unit Details: Front House (Unit 1): Spacious 3-bedroom, 2-bathroom layout. Primary bathroom features a full bath with stunning floor-to-ceiling stone finishes. Secondary bathroom boasts an elegant standing shower with premium stone accents. Projected Rental Value: $4,100. ADU (Unit 2): Modern 2-bedroom, 2-bathroom unit. Bathrooms feature stone-accented standing showers and chic, lighted mirrors. Projected Rental Value: $3,200 JADU (Unit 3): Cozy 1-bedroom, 1-bathroom space. Thoughtfully designed with a stylish standing shower and ceiling-high stone finishes. Projected Rental Value: $2,600 $$$ Investor's Dream: Exceptional Rental income potential with very low operation expenses Estimated at or below 10% Annually due to new Constr

Details

Type: Multi-Family/Income Sale 
County: Los Angeles 
Tax ID: 7304009021
Net Operating Income: $95,800 
Days on Market: 76 
Appliances: Gas Water Heater 
Heating: Zoned, Other/Remarks 
Number of Units: 3 
Property Type: Residential Income 
Sub Type: Multi Family 
Zoning: Estimated 

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33.877052 -118.202393 $1,395,000 OC24239230
111 E. 67th Way, Long Beach, CA 90805
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Listed by Mohammad Vahdati with Keller Williams Realty