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45 E 69th, Long Beach, CA 90805

$1,050,000
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  • —

    bed

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    bath

Multi-family for sale 13 days

About 45 E 69th

Property type Multi-family
Neighborhood
Year built 1953
HOA fee $0/month
Lot size 7,352 Sqft
Movoto estimate
Rental estimate
Property description
INCOME-PRODUCING OPPORTUNITY!! Prime Long Beach Location.. Excellent opportunity to own a well-maintained 6-unit income-producing property in a centrally located and desirable area of Long Beach. The property features:5 units: 1 bedroom / 1 bathroom,1 unit: 2 bedrooms / 1 bathroom, Centrally located in the City of Long Beach, Convenient access to shopping, transportation, major freeways, and local amenities, Ideal opportunity for investors looking to expand their real estate portfolio This property offers a rare opportunity to acquire a multi-unit investment in a convenient Long Beach location with strong potential for rental income.
Listed by
Listing Agent - Juan Beltran
Listing Agent Contact: 818-512-1126
Listing Office - Big Block Powerhouse Realty
Source: CRMLS mls logo
MLS#DW26206602 • last updated 1 week ago
Movoto checked CRMLS for data 4 minutes ago
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Overview
Levels/Style One
Type Residential Income
SubType Commercial/Residential
Status Active
Lot Size (Acres) 0.1688
Lot Size (SqFt) 7352
Year Built 1953
Interior
Laundry See Remarks
Exterior
Building Area Square Feet, 3194
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Sidewalks
Subdivision North Long Beach (NLB), North Long Beach (NLB)
Directions Long Beach And 45 E 69th Way
APN 7304002013
Multifamily Details
Expense: Trash 1300
Operating Expense 20725
Cap Rate 6.3
Expense: Insurance 5000
Total Expenses 20725
Expense: Water/ Sewer 1300
Gross Income 88332
Gross Multiplier 12.3
Gross Scheduled Income 88332
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Around Freeway Circle

Explore everything this neighborhood has to offer. Learn more about Freeway Circle.
59/100
Walk
98/100
Family
93/100
Dining
97/100
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  • Real Estate
  • CA
  • Los Angeles County
  • Long Beach
  • 90805
  • Freeway Circle
  • 45 E 69th

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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