45 E 69th Way Long Beach, CA 90805
Starr King NeighborhoodEstimated payment $8,064/month
Highlights
- 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 |
|---|---|---|---|---|
| 02/09/2026 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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