Properties
Long Beach, CA 90805 45 E 69th Way
$1,150,000
6 more
Presented By: Eduardo Vasquez with Smart Sell Real Estate; 310-251-5825
SQFT • 3,194
Home Details
Calling all investors! Don’t miss this value-add six-unit income property located in the City of Long Beach. Conveniently situated near schools, Compton College, shopping centers, and major freeways, this property offers strong fundamentals and excellent upside. No rent control, with current rents below market, providing a clear path to increased cash flow and an estimated potential nine cap rate. A solid opportunity for investors looking to grow their portfolio in a desirable rental market.
Presented By: Eduardo Vasquez with Smart Sell Real Estate; 310-251-5825
Interior Features for 45 E 69th Way
Other Interior Features
Common WallsItem2CommonWalls
Heating Y/NYes
Laundry FeaturesSee Remarks
Total Stories1
Other Rooms
Entry Level1
General for 45 E 69th Way
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate6.55
CityLong Beach
Community FeaturesSidewalks
CountyLos Angeles
DirectionsMajor cross street Long Beach Blvd
Entry Locationfront
Garage Spaces
Garage Y/NNo
Gross Income85020
HeatingSee Remarks
Insurance Expense5000
Land Lease Y/NNo
Listing TermsCash, Conventional
Lot Size Square Feet7352
Lot Size UnitsSquare Feet
MLS Area7 - North Long Beach
Net Operating Income77140
New ConstructionNo
Number Of Units Total6
Operating Expense7880
Pool FeaturesNone
PostalCityLONG BEACH
Property Attached Y/NYes
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Subdivision NameNorth Long Beach (NLB)
Tax Lot14
Trash Expense1440
Water Sewer Expense1440
Year Built1953
Year Built SourcePublic Records
Exterior for 45 E 69th Way
Building Area Total3194
Lot FeaturesWalkstreet
Lot Size Acres0.1688
Lot Size Area7352
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters1
Private PoolNo
Total Parking0
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
