111 E 67th Way, Long Beach, CA 90805

Property Description

Back on the market with a major price improvement — now offered at $1,299,000! Luxurious 3-Unit Property – Live in One, Rent the Others | Newly Built ADU & JADU | Rebuilt Front Home Experience the ideal blend of comfort, flexibility, and income with this beautifully upgraded and newly constructed 3-unit property in North Long Beach. Whether you're a homeowner looking to live in one unit while generating rental income from the other two, or an extended family seeking multi-generational living, this turnkey property offers a rare combination of lifestyle and value. Property Overview: • Unit 1 – Front House (3BD/2BA): Fully rebuilt with permits. Modern open floor plan, Milgard double-pane windows, new roof, plumbing, electrical, HVAC, and automatic sprinklers. • Unit 2 – ADU (2BD/2BA): Brand-new detached construction with luxury finishes, stone-accented bathrooms, and lighted mirrors. • Unit 3 – JADU (1BD/1BA): New construction with private entry, open layout, and designer stone shower. All units include: • Modern kitchens with new appliances • In-unit washers and dryers • Private front yard space for each unit • Fresh landscaping and serene backyard with fruit trees • Parking for 4 vehicles • Independent electric and gas meters Rental Potential (Pro Forma): • Unit 1 – $4,300/mo • Unit 2 – $3,300/mo • Unit 3 – $2,200/mo Total: $9,800/month potential rental income Note: FHA financing is not available due to classification. Conventional or portfolio lending recommended. This is a unique opportunity to enjoy your own high-quality residence while others help pay your mortgage — a smart, long-term lifestyle and investment decision. Video Tour: https://vimeo.com/1036491765?share=copy#t=0 Property Website: https://111East67thWay1818171mls.f8re.com/