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Sold$1,299,000on Jul 2, 2025
111 E 67th Way, Long Beach, Ca 90805
Keller Williams Realty
6Beds
5Baths
214Days Listed
About This Property
Back on Market Major Price Reduction | Turnkey 3-Unit Income Property | High Cap Rate Now offered at $1,299,000, this fully permitted 3-unit property is back on the market after falling out of escrow due to FHA restrictions not due to property condition. The new price reflects exceptional value for investors or hybrid buyers seeking strong cash flow and minimal maintenance. All units are upgraded or newly constructed with permits and high-quality systems. A rare opportunity to own a luxurious and fully rebuilt three-unit income property in North Long Beach perfect for families seeking multi-generational living or investors seeking strong returns. All upgrades were completed with permits and attention to detail, delivering both lifestyle and long-term value. Live in one unit and collect rent from the other two to offset your mortgage or lease all three for high-yield passive income. Property Highlights: Rebuilt Front Home (3BD/2BA): Modern finishes, open floor plan, double Milgard windows, new roof, HVAC, electric, and plumbing Brand New ADU (2BD/2BA): Detached, private entry, lighted mirrors, stone-accented bathrooms Brand New JADU (1BD/1BA): Stylishly designed with stone shower walls and efficient layout All units feature: Independent electric and gas meters Modern kitchens with new appliances In-unit washers and dryers Beautiful landscaping with fresh lawn, fruit trees, and 4-car parking Private front yard areas for each unit perfect for gardening or outdoor dining Pro Forma Rent Roll: Front House (3/2): $4,300 ADU (2/2): $3,300 JADU (1/1): $2,200 Projecte
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Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 6
- Bathrooms
- 5
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Sold
- Days on Market
- 214
- Cumulative Days on Market
- 215
- Original Price
- $1,395,000
Location & Neighborhood
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Long Beach Market Snapshot
582
Active Listings
$773K
Median Price
49
Avg Days on Market
Last updated: Jul 3, 2025
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Mohammad Vahdati, Keller Williams Realty · 714-240-8287
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$1,299,000