45 E 69th Way

Baths
3,194 Sq. Ft.
$360 / Sq. Ft.
3,194
Sq. Ft.
$360
per Sq. Ft.

Description

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.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.
  1. Listed by Eduardo Vasquez • DRE #01934166 • Brokerage DRE #01519644 • Smart Sell Real Estate • 310-251-5825

Property Details for 45 East 69th Way

Parking Spaces Total
0
Private Pool
No
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3194
Assessor Parcel Number
7304-002-013
Property Attached YN
true
LISTING UPDATED: 02/20/2026 01:41 AM

Property Details for 45 East 69th Way

StatusActive
MLS #IG26026371
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1953
Lot Size0.17 AC / 7,352 SF
CountyLos Angeles County

Location

Listing Courtesy of Smart Sell Real Estate, Eduardo Vasquez, DRE #01934166
Add your commute

Building Information for 45 East 69th Way

Stories1Residences-Year Built1953Building Size-Lot Size0.17 AC / 7,352 SF

Payment Calculator

$6,103 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,605

Property Taxes

$498

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 45 East 69th Way

Income / Expense / Tax Details
Income Details
  • Gross Income: $85,020
  • Gross Scheduled Income: $85,020
  • Net Operating Income: $77,140
  • Cap Rate: 6.55
Expense Details
  • Operating Expense: $7,880
  • Insurance Expense: $5,000
  • Professional Management Expense: $0
  • Trash Expense: $1,440
  • Water Sewer Expense: $1,440
  • Total Expenses: $7,880
Tax / Assessment Info
  • Tax Block: 4
  • Tax Tract Number: 5490
  • Tax Lot: 14
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
  • Heating Type: See Remarks
  • Heating: See Remarks
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Walkstreet
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: North Long Beach
  • Builders Tract Code: North Long Beach (NLB)
Unit Information
Unit 1
  • Unit Type Units Total: 5
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,117
  • Unit Type Total Rent: $5,585
  • Unit Type Pro Forma: 12500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1

Property History for 45 East 69th Way

DateEvent & SourcePriceAppreciation
Feb 20, 2026

Price Change

CLAW #IG26026371MR

$1,150,000
Feb 20, 2026

Price Change

CRMLS #IG26026371

$1,150,000
Feb 9, 2026

Listed (Active)

CRMLS #IG26026371

$1,300,000
Feb 9, 2026

Listed (Active)

CLAW #IG26026371MR

$1,300,000
DateEvent & SourcePrice
02/20/2026

Price Change

CLAW #IG26026371MR

$1,150,000
02/20/2026

Price Change

CRMLS #IG26026371

$1,150,000
02/09/2026

Listed (Active)

CRMLS #IG26026371

$1,300,000
02/09/2026

Listed (Active)

CLAW #IG26026371MR

$1,300,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 45 East 69th Way

Taxable ValueLand$167,955Additions$205,344Total$373,299
Tax Record2025$5,974 ($498 / month)
Home Facts
Total Finished SqFt3,194 SqFtAbove Grade Finished SqFt3,194 SqFtLot Size7,350 SqFtStyleMulti-Family Res (5+ Units)Year Built1953ZoningLBR1NCountyLOS ANGELESAPN7304-002-013

Schools near 45 East 69th Way

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
King Elementary School
PublicK to 5

Hamilton Middle School
Public6 to 8

Jordan High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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45 East 69th Way is a mixed use property for sale in Long Beach, CA 90805. This property was listed for sale on February 9, 2026 by Smart Sell Real Estate, it's currently listed at $1,150,000. This listing's school district is Long Beach Unified School District. Nearby schools include King Elementary School, Hamilton Middle School and Jordan High School. 45 East 69th Way is a 3-bed, 0-bath, 3,194 sqft mixed use property built in 1953.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Smart Sell Real Estate, Eduardo Vasquez, DRE #01934166

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.