111 E 67Th Way

Long Beach, CA 90805

$1,395,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1929

calendar_month Built

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Next available: Sunday, December 29th, 2024 12:00 pm - 4:00 pm • Info

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Property 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 $$$ Investor's Dream: Exceptional Rental income potential with very low operation expenses Estimated at or below 10% Annually due to new Construction with Hi-Cap Rate $$$. 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://111East67thWay1818171mls.f8re.com/ https://vimeo.com/1036491765?share=copy#t=0

Listing Information

List Price $1,395,000
Status Active
MLS OC24239230
HOA $0
Type Residential Income
Subtype Triplex
Year Built 1929
Lot Size 6,473
Structure Size N/A
DOM 35
Courtesy Of Keller Williams Realty
Listing Agent Mohammad Vahdati DRE#01442456

Interior Features

Laundry Information
Location(s) Laundry Closet, Stacked
Bedroom Information
Features All Bedrooms Down
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material See Remarks
Fireplace Information
Features None
Additional Information
Additional Features All Bedrooms Down
Cooling Type
Cooling Type See Remarks, Zoned

Exterior Information

Maps

Listing information courtesy of: Mohammad Vahdati, Keller Williams Realty 7142408287. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 28th, 2024 at 3:31 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.