There are multiple listings for this address:
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
Projected Monthly Income: $9,800
Estimated Cap Rate: 7.3%
Low operating expenses due to all new systems
Note: FHA financing not eligible due to property classification and self-sufficiency rules. Ideal for conventional, DSCR, or cash buyers.
Video Tour: https://vimeo.com/1036491765?share=copy#t=0
Property Website: https://111East67thWay1818171mls.f8re.com/
https://111East67thWay1818171mls.f8re.com/
https://vimeo.com/1036491765?share=copy#t=0
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
Projected Monthly Income: $9,800
Estimated Cap Rate: 7.3%
Low operating expenses due to all new systems
Note: FHA financing not eligible due to property classification and self-sufficiency rules. Ideal for conventional, DSCR, or cash buyers.
Video Tour: https://vimeo.com/1036491765?share=copy#t=0
Property Website: https://111East67thWay1818171mls.f8re.com/
https://111East67thWay1818171mls.f8re.com/
https://vimeo.com/1036491765?share=copy#t=0
Property Details
Price:
$1,299,000
MLS #:
OC24239230
Status:
Active
Baths:
0
Address:
111 E 67th Way
Type:
Residential Income
Subtype:
Triplex
Subdivision:
North Long Beach NLB
Neighborhood:
7northlongbeach
City:
Long Beach
Listed Date:
Nov 22, 2024
State:
CA
ZIP:
90805
Lot Size:
6,473 sqft / 0.15 acres (approx)
Year Built:
1929
See this Listing
Mortgage Calculator
Schools
School District:
Long Beach Unified
Interior
Appliances
Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Water Heater
Cooling
See Remarks, Zoned
Fireplace Features
None
Flooring
See Remarks
Heating
See Remarks, Zoned
Exterior
Community Features
Curbs
Electric
Standard
Fencing
Security, Wrought Iron
Foundation Details
Slab
Garage Spaces
4.00
Lot Features
2-5 Units/ Acre, Back Yard, Front Yard, Garden, Lawn, Sprinkler System, Sprinklers In Front, Sprinklers In Rear
Parking Features
Gravel, Paved, Gated, No Driveway, Parking Space, Private
Parking Spots
4.00
Pool Features
None
Roof
Common Roof
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
None
Water Source
Public
Financial
Association Fee
0.00
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address111 E 67th Way Long Beach CA
- Area7 – North Long Beach
- SubdivisionNorth Long Beach (NLB)
- CityLong Beach
- CountyLos Angeles
- Zip Code90805
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Courtesy of Keller Williams Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.111 E 67th Way
Long Beach, CA
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
Projected Monthly Income: $9,800
Estimated Cap Rate: 7.3%
Low operating expenses due to all new systems
Note: FHA financing not eligible due to property classification and self-sufficiency rules. Ideal for conventional, DSCR, or cash buyers.
Video Tour: https://vimeo.com/1036491765?share=copy#t=0
Property Website: https://111East67thWay1818171mls.f8re.com/
https://111East67thWay1818171mls.f8re.com/
https://vimeo.com/1036491765?share=copy#t=0
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
Projected Monthly Income: $9,800
Estimated Cap Rate: 7.3%
Low operating expenses due to all new systems
Note: FHA financing not eligible due to property classification and self-sufficiency rules. Ideal for conventional, DSCR, or cash buyers.
Video Tour: https://vimeo.com/1036491765?share=copy#t=0
Property Website: https://111East67thWay1818171mls.f8re.com/
https://111East67thWay1818171mls.f8re.com/
https://vimeo.com/1036491765?share=copy#t=0
Property Details
Price:
$1,299,000
MLS #:
OC25040817
Status:
Active
Beds:
6
Baths:
5
Address:
111 E 67th Way
Type:
Single Family
Subtype:
Triplex
Subdivision:
North Long Beach NLB
Neighborhood:
7northlongbeach
City:
Long Beach
Listed Date:
Feb 24, 2025
State:
CA
Finished Sq Ft:
2,286
ZIP:
90805
Lot Size:
6,473 sqft / 0.15 acres (approx)
Year Built:
1929
See this Listing
Mortgage Calculator
Schools
School District:
Long Beach Unified
Interior
Appliances
Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Water Heater
Cooling
See Remarks, Zoned
Fireplace Features
None
Flooring
See Remarks
Heating
See Remarks, Zoned
Exterior
Community Features
Curbs
Electric
Standard
Fencing
Security, Wrought Iron
Foundation Details
Slab
Garage Spaces
4.00
Lot Features
2-5 Units/ Acre, Back Yard, Front Yard, Garden, Lawn, Sprinkler System, Sprinklers In Front, Sprinklers In Rear
Parking Features
Gravel, Paved, Gated, No Driveway, Parking Space, Private
Parking Spots
4.00
Pool Features
None
Roof
Common Roof
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
None
Water Source
Public
Financial
Association Fee
0.00
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address111 E 67th Way Long Beach CA
- Area7 – North Long Beach
- SubdivisionNorth Long Beach (NLB)
- CityLong Beach
- CountyLos Angeles
- Zip Code90805
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