Tour
$10,000 Closing Credit¹
#OC25040817, Mohammad Vahdati, Listing Office: Keller Williams Realty
#OC24239230·
Listing office: Keller Williams Realty·
Listing agent: Mohammad Vahdati·
Listing office phone: 714-240-8287
$1,299,000 List price
111 E 67th Way Long Beach, CA 90805
$10,000
Closing credit¹
0.1 acres
Multi-Family
Property details
About 111 E 67th Way
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
Highlights
Home typeTriplex
HeatingOther, Zoned
StatusActive
CoolingOther, Zoned
Lot size0.1486 Acres
Year built1929
ParkingGravel, Gated, No Driveway, Paved, Private, One Space
MLS #OC24239230
Garage4 spaces
Summary
- Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Water Heater, Dryer, Washer
- Flooring Type: See Remarks
- Interior: All Bedrooms Down
- Fireplace: None
- Garage Space: 4 spaces
- Private Pool: No
- Parking: Gravel, Gated, No Driveway, Paved, Private, One Space
- Architectural Style: Modern
- Heating: Other, Zoned
- Cooling: Other, Zoned
- List Price: $1,299,000
- Annual Tax Amount: $9,267
- Tax Year: 2024
- Lot: Back Yard, Front Yard, Garden, Sprinklers In Rear, Sprinklers In Front, Lawn, Sprinklers
- Directions: From 710 get off on Artesia Blvd
- Year Built: 1929
- Stories: 1
- Lot Size: 0.1486 Acres
- MLS Number: OC24239230
- MLS Name: CRMLS
- Office Name: Keller Williams Realty
- Office Phone: (714) 240-8287
- Listing Agent: Mohammad Vahdati
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,299,000
111 E 67th Way
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 11, 2024 | Home Sold | $720,000 |
| Nov 22, 2017 | Home Sold | $487,000 |
| Nov 17, 1995 | Home Sold | $101,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $692,580 | $9,267 |
| 2023 | $532,602 | $7,099 |
| 2022 | $522,160 | $6,676 |
| 2021 | $511,922 | $6,550 |
| 2020 | $506,674 | $6,456 |
| 2019 | $496,740 | $2,603 |
| 2018 | $188,563 | $2,489 |
| 2017 | $184,866 | $2,489 |
History based on county public records data.
Nearby schools
6
Starr King Elementary School
Public District KG-5
0.2 mi
•145 E Artesia Blvd
4
Ralph Waldo Emerson Elementary School
Public District PK-6
0.7 mi
•1011 E Caldwell St
5
Grant Elementary School
Public District KG-5
1.6 mi
•1225 E 64th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,182. Residents of Long Beach, CA typically earn between $35k-100k each year. Most families are married, with kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
34%
<35k
47%
35k-100k
18%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
17%
Single, No Kids
25%
Single, with Kids
12%
Married, No Kids
46%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
13%
12-17 yrs old
27%
18-34 yrs old
32%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
Burlington
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
White Castle
What do the neighbors drive?
Nissan
Dodge
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 111 E 67th Way in Long Beach, CA and zip code 90805 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $1,299,000.
While more than 70 listings in Long Beach, CA in April 2025 were sold above asking price, there were more than 38 listings sold at asking price, and more than 65 were sold below. The number of listings in Long Beach, CA increased by 7.6% between March and April 2025. While the average time on the market in April 2025 was 33 days, the median list price was $839,980.
From Rocket Homes Real Estate and based on county public records data.