$1,150,000
-$150,00045 E 69th Way, Long Beach CA 90805
Multi-Family (6 Units)
Property type
116 days
On market
$360
Price per sqft
0 cars
Garage
1953
Year built
7,352 sqft
Lot size
Open Houses
Overview
6-Unit Investment Property – Prime Long Beach Location Great opportunity to own a 6-unit income property in a centrally located area of Long Beach. The property features: 5 units: 1 bedroom / 1 bathroom 1 unit: 2 bedrooms / 1 bathroom Perfect for investors looking to expand their portfolio. The property is ideally situated near downtown Long Beach and popular...
Listing provided by: Eduardo Vasquez DRE #01934166, Smart Sell Real Estate
Listing updated: Apr 24, 2026 at 01:57am.
Last checked: Jun 5, 2026 at 05:01pm
Source: CRMLS #IG26026371
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 5 | 1 | 0 | — | $1,117 | $5,585 | $12,500 | Unfurnished |
| 1 | 2 | 0 | — | $1,500 | $1,500 | $2,800 | Unfurnished |
# of Buildings: 1
# of Units Total: 6
Separate Electric Meters: 6
Separate Gas Meters: 6
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
13.5x
List Price / Annual Gross Rent
Cap Rate
6.55%
NOI / List Price
Gross Scheduled Income: $85,020
Operating Expense: $7,880
Net Operating Income: $77,140
Annual Operating Expenses
Insurance: $5,000
Professional Management: $0
Trash: $1,440
Water / Sewer: $1,440
Interior
Entry Location: Front
Exterior
Property Attached: Yes
Stories Total: 1
Common Walls: Two Common Walls Or More
Lot Features: Walkstreet
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7304002013
Additional Parcels: No
Tax Lot: 14
Tax Block: 4
Subdivision: North Long Beach (NLB)
Community
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 45 E 69th Way, Long Beach, CA 90805. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$920,000
Total Interest
$1,173,409
Total Payment
$2,093,409
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,163
per month
Property History for 45 E 69th Way
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90805.
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