45 E 69th Way Long Beach, CA 90805
Starr King NeighborhoodHighlights
- Laundry Room
- Heating Available
- 1-Story Property
About This Home
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.
Listing Agent
Smart Sell Real Estate Brokerage Phone: 310-251-5825 License #01934166 Listed on: 02/09/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953
Lot Details
- 7,352 Sq Ft Lot
- Two or More Common Walls
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 3,194 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- Unit 1 Bathroom: 0
- Unit 2 Bathroom: 0
Utilities
- Heating Available
Listing and Financial Details
- Legal Lot and Block 14 / 4
- Tax Tract Number 5490
- Assessor Parcel Number 7304002013
Community Details
Overview
- 6 Units
- North Long Beach Subdivision
Building Details
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $5,000
- Trash Expense $1,440
- Water Sewer Expense $1,440
- Operating Expense $7,880
- Gross Income $85,020
- Net Operating Income $77,140
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/20/2026 02/20/26 | Price Changed | $1,150,000 | -11.5% | $360 / Sq Ft |
| 02/09/2026 02/09/26 | For Sale | $1,300,000 | -- | $407 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG26026371
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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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Ask me questions while you tour the home.