111 E 67th Way, Long Beach CA 90805

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$1,395,000

111 E 67th Way, Long Beach, CA 90805

bedrooms

bathrooms

square feet

2,268

Acreage

0.14859963269054177

Open Houses

year built

1929

Full Baths

Half Baths

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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 and all units are delivered vacant. 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 $$$ Investor's Dream: Exceptional Rental income potential with very low operation expenses Estimated at or below 10% Annually due to new Construction with Hi-Cap Rate $$$. Additional Features • Modern kitchens with brand-new appliances in all units. • New washers and dryers in each unit for added convenience. • Each unit has a dedicated front yard with ample room for gardening and outdoor dining. • Beautifully landscaped front yard with fresh grass and new automatic sprinklers. • Serene backyard featuring fruit trees, creating a tranquil oasis. • Parking space for 4 cars. https://111East67thWay1818171.f8re.com/ https://vimeo.com/1036491765?share=copy#t=0

Location
Subdivision	North Long Beach (NLB)
County	Los Angeles
Elementary School	-
Middle School	-
High School	-

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None scheduled.

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MLS number: OC24239230

Listing agent: Mohammad Vahdati #01442456

Listing broker: Keller Williams Realty Laguna Niguel-Laguna Beach (949) 482-3999

Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Sunday, January 5 2025 at 7:54 p.m. EST

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