Seller's Agent in 2025
Mohammad Vahdati
Keller Williams Realty
(714) 240-8287
2 in this area
16 Total Sales
111 E 67th Way Long Beach, CA 90805
Starr King Neighborhood
6
Beds
5
Baths
2,268
Sq Ft
6,473
Sq Ft Lot
Highlights
- No Units Above
- Modern Architecture
- No HOA
- Gated Parking
- Lawn
- Laundry Room
About This Home
As of July 2025Back 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:
Property Website:
Last Agent to Sell the Property
Keller Williams Realty Brokerage Phone: 714-240-8287 License #01442456 Listed on: 11/22/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,267
Year Built
- Built in 1929 | Remodeled
Lot Details
- 6,473 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Security Fence
- Wrought Iron Fence
- Front and Back Yard Sprinklers
- Lawn
- Garden
- Back and Front Yard
- Density is 2-5 Units/Acre
- On-Hand Building Permits
Parking
- 4 Car Garage
- Parking Available
- Gravel Driveway
- Gated Parking
- Parking Lot
Home Design
- Triplex
- Modern Architecture
- Entry on the 1st floor
- Additions or Alterations
- Major Repairs Completed
- Slab Foundation
- Fire Rated Drywall
- Common Roof
Interior Spaces
- 2,268 Sq Ft Home
- 1-Story Property
Kitchen
- Gas Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- Mirrored Closets Doors
- 5 Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Zoned Heating and Cooling
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Legal Lot and Block 4 / B
- Tax Tract Number 6305
- Assessor Parcel Number 7304009021
- $473 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
- North Long Beach Subdivision
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $118,800
- Net Operating Income $95,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 22, 2025
Sold by
Tavanian Matilda
Bought by
67Th Long Beach Property Llc
Current Estimated Value
Purchase Details
Listed on
Nov 22, 2024
Closed on
May 30, 2025
Sold by
Pakarian Sacha Serge
Bought by
Tavanian Matilda
Seller's Agent
Mohammad Vahdati
Keller Williams Realty
Buyer's Agent
Luis Adrian Arce
Warranted Management dba PMI San Diego
List Price
$1,395,000
Sold Price
$1,299,000
Premium/Discount to List
-$96,000
-6.88%
Views
180
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.11%
Original Mortgage
$974,250
Interest Rate
6.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 4, 2025
Sold by
Lb Home Builders Llc
Bought by
Tavanian Matilda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$974,250
Interest Rate
6.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 20, 2024
Sold by
Solhjou Bahram
Bought by
Lb Home Builders Llc
Purchase Details
Listed on
Jan 15, 2024
Closed on
Mar 11, 2024
Sold by
Blakely Andre and Bower Mark
Bought by
Solhjou Bahram
Seller's Agent
Victor Palacios
Star Realty of Southern California
Buyer's Agent
Mohammad Vahdati
Keller Williams Realty
List Price
$749,000
Sold Price
$720,000
Premium/Discount to List
-$29,000
-3.87%
Views
47
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.88%
Original Mortgage
$540,000
Interest Rate
6.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 2, 2018
Sold by
Montegomery Brooke Lee
Bought by
Montegomery Brooke and Brooke Montgomery Revocable Tr
Purchase Details
Listed on
Nov 6, 2017
Closed on
Nov 8, 2017
Sold by
Harden Kimberly
Bought by
Montgomery Brooke Lee
Seller's Agent
Javier Alvarez
Circle Real Estate
Buyer's Agent
Kimberly R Lee
Jazzed Realty, Inc.
List Price
$487,000
Sold Price
$487,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.97%
Purchase Details
Closed on
Sep 5, 1995
Sold by
Navarro Mike
Bought by
Harden Kimberly
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | -- | First American Title Company | |
| Grant Deed | -- | First American Title Company | |
| Grant Deed | $1,299,000 | First American Title Company | |
| Grant Deed | $1,299,000 | First American Title Company | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Grant Deed | $720,000 | Ticor Title Company Of Califor | |
| Grant Deed | $720,000 | Ticor Title Company Of Califor | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $487,000 | Fidelity National Title Co | |
| Grant Deed | $487,000 | Fidelity National Title Co | |
| Grant Deed | $101,000 | North American Title Co | |
| Grant Deed | $101,000 | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $974,250 | New Conventional | |
| Previous Owner | $540,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/02/2025 07/02/25 | Sold | $1,299,000 | 0.0% | $573 / Sq Ft | |
| 04/30/2025 04/30/25 | Price Changed | $1,299,000 | -2.3% | $573 / Sq Ft | |
| 02/14/2025 02/14/25 | Price Changed | $1,329,000 | -4.7% | $586 / Sq Ft | |
| 11/22/2024 11/22/24 | For Sale | $1,395,000 | +93.8% | $615 / Sq Ft | |
| 04/11/2024 04/11/24 | Sold | $720,000 | -3.9% | $469 / Sq Ft | View Prior Sale |
| 03/06/2024 03/06/24 | Pending | -- | -- | -- | |
| 03/05/2024 03/05/24 | For Sale | $749,000 | 0.0% | $488 / Sq Ft | |
| 01/29/2024 01/29/24 | Pending | -- | -- | -- | |
| 01/15/2024 01/15/24 | For Sale | $749,000 | +53.8% | $488 / Sq Ft | |
| 11/22/2017 11/22/17 | Sold | $487,000 | 0.0% | $317 / Sq Ft | View Prior Sale |
| 11/07/2017 11/07/17 | Pending | -- | -- | -- | |
| 11/06/2017 11/06/17 | For Sale | $487,000 | -- | $317 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,267 | $1,019,000 | $669,000 | $350,000 |
| 2024 | $9,267 | $692,580 | $508,980 | $183,600 |
| 2023 | $7,100 | $532,602 | $382,775 | $149,827 |
| 2022 | $6,677 | $522,160 | $375,270 | $146,890 |
| 2021 | $6,551 | $511,922 | $367,912 | $144,010 |
| 2020 | $6,534 | $506,674 | $364,140 | $142,534 |
| 2019 | $6,457 | $496,740 | $357,000 | $139,740 |
| 2018 | $2,604 | $188,563 | $89,048 | $99,515 |
| 2017 | $2,489 | $184,866 | $87,302 | $97,564 |
| 2016 | $2,309 | $181,242 | $85,591 | $95,651 |
| 2015 | $2,219 | $178,521 | $84,306 | $94,215 |
| 2014 | $2,207 | $175,025 | $82,655 | $92,370 |
Source: Public Records
Agents Affiliated with this Home
-
Mohammad Vahdati
-
Luis Adrian Arce
L
Buyer's Agent in 2025
Luis Adrian Arce
Warranted Management dba PMI San Diego
(858) 254-0317
1 in this area
4 Total Sales
-
Victor Palacios
Seller's Agent in 2024
Victor Palacios
Star Realty of Southern California
(562) 923-6900
1 in this area
68 Total Sales
-
Javier Alvarez
Seller's Agent in 2017
Javier Alvarez
Circle Real Estate
(562) 318-4021
70 Total Sales
-
K
Seller Co-Listing Agent in 2017
Kim Hardin
Keller Williams Pacific Estate
-
Kimberly R Lee
K
Buyer's Agent in 2017
Kimberly R Lee
Jazzed Realty, Inc.
(323) 833-9385
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24239230
APN: 7304-009-021
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
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