111 E 67th WAY Long Beach, CA 90805
UPDATED:
12/30/2024 12:34 AM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision North Long Beach (Nlb)
MLS Listing ID OC24239230
Construction Status Additions/Alterations,Building Permit,Updated/Remodeled
HOA Y/N No
Year Built 1929
Lot Size 6,473 Sqft
Property Description
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.
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Location
State CA
County Los Angeles
Area 7 - North Long Beach
Zoning LBR1N
Interior
Interior Features All Bedrooms Down
Heating See Remarks, Zoned
Cooling See Remarks, Zoned
Flooring See Remarks
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Water Heater, Dryer, Washer
Laundry Laundry Closet, Stacked
Exterior
Parking Features Gravel, Gated, No Driveway, Paved, Private, One Space
Garage Spaces 4.0
Garage Description 4.0
Fence Security, Wrought Iron
Pool None
Community Features Curbs
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Common Roof
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre, Back Yard, Front Yard, Garden, Sprinklers In Rear, Sprinklers In Front, Lawn, Sprinkler System
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Modern
Level or Stories One
New Construction No
Construction Status Additions/Alterations,Building Permit,Updated/Remodeled
Others
Senior Community No
Tax ID 7304009021
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
