Listed by Juan Beltran•DRE #01802418• Big Block Powerhouse Realty
Contact: 818-512-1126
For sale
$1,050,000
Est. $6,878/mo —
7
bd
•
6 ba
•
3,194
sq ft
45 E 69th, Long Beach, CA 90805
About this home
INCOME-PRODUCING OPPORTUNITY!! Prime Long Beach Location. . Excellent opportunity to own a well-maintained 6-unit income-producing property in a centrally located and desirable area of Long Beach. The property features:5 units: 1 bedroom / 1 bathroom, 1 unit: 2 bedrooms / 1 bathroom, Centrally located in the City of Long Beach, Convenient access to shopping, transportation, major freeways, and local amenities, Ideal opportunity for investors looking to expand their real estate portfolio This property offers a rare opportunity to acquire a multi-unit investment in a convenient Long Beach location with strong potential for rental income.
Make a winning offer with the help of a local agent
Around this home
Schools
K - 12
Preschool & daycare
King Elementary School
Public K-5 • Assigned • 0.3mi
4/10
Hamilton Middle School
Public 6-8 • Assigned • 1.3mi
4/10
Jordan High School
Public 9-12 • Assigned • 1.2mi
3/10
Provided by GreatSchools
About Freeway
Circle
Freeway Circle, located between Lakewood Boulevard and the San Gabriel River, is a residential and commuter-friendly Long Beach neighborhood with freeway interchanges and a golf-course edge. The neighborhood’s character concentrates at the Lakewood Blvd & E Wardlow Rd crossroads, where car lots, service shops, and big-box retail set a brisk, practical tone. Housing reads as mid-century ranches and tidy postwar streets, with pockets of low-rise apartments near the arterials. El Dorado Park Golf Course and the greenbelt along the river shape the daily backdrop. The traffic hum fades on interior blocks, where sidewalks and mature trees define the pace. Nearby cultural anchors like Rancho Los Alamitos and the Long Beach Playhouse add depth beyond the retail corridors.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
One-level home
Entry on main level
Bedrooms
Units include 1-bedroom and 2-bedroom configurations
Bathrooms
Full bathrooms in units
Kitchen
No specific kitchen appliance details provided
Laundry & utility
Laundry available (see remarks for details)
Exterior features
No pool
Sidewalks in the community
Home design
Attached community apartment
Single-story building
No ADU
Construction
Single building (year built source: appraiser)
Utilities
Public sewer
District/public water
One separate water meter
Six separate gas meters
Six separate electric meters
HOA & community
Community apartment common interest
Financial info
Total of 6 units
Building area reported as 3,194 (units not shown in interior/exterior sections)
Gross scheduled income: $88,332
Gross income: $88,332
Net operating income: $67,607
Gross multiplier: 12.3
Operating expenses: $20,725
Insurance expense: $5,000
Water/sewer expense: $1,300
Trash expense: $1,300
Other expense (new tax): $13,125
Unit rents noted: one unit at $5,821 and another at $1,540
Electricity and solar
View estimated energy costs and solar savings for this home
Two Triplexes 6 Garages New Paint Submit Offer On Income Properrty Purchase Contract-1031 Exchange
Year
Property tax
Land + Additions
Assessment*
2025
$4,989 (+4.5%)
$93,108 + $206,728
$299,836
2024
$4,773 (+1.5%)
$91,283 + $202,675
$293,958
2023
$4,703 (+5.3%)
$89,494 + $198,701
$288,195
2022
$4,467 (+2.2%)
$87,740 + $194,805
$282,545
2021
$4,372 (+0.3%)
$86,020 + $190,986
$277,006
2020
$4,361 (+1.3%)
$84,334 + $187,242
$271,576
2019
$4,305 (+5.5%)
$83,470 + $185,323
$268,793
2018
$4,081 (+1.3%)
$81,834 + $181,690
$263,524
2017
$4,030 (+7.5%)
$78,657 + $174,636
$253,293
2016
$3,748 (+3.8%)
$78,657 + $174,636
$253,293
2015
$3,610
$77,115 + $171,212
$248,327
2014
$3,613 (+2.0%)
$74,470 + $165,338
$239,808
2012
$3,542 (+3.8%)
$74,134 + $164,591
$238,725
2011
$3,414 (+1.1%)
$72,681 + $161,364
$234,045
2010
$3,377 (+1.8%)
$71,256 + $158,200
$229,456
2009
$3,318 (+7.1%)
$70,724 + $157,018
$227,742
2008
$3,098
$70,893 + $157,392
$228,285
Public record
Public record
Zoning
Permits
Beds
3
Baths
3
Stories
—
Lot width
—
Lot depth
—
Lot size
6,964 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,617
Year built
1947
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
7304004023
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
R-1-N
Single-Family Residential, Standard Lot District
The R-1-N District is a single-family residential district with standard lots. This District recognizes the outdoor lifestyle characteristic of Southern California and is established to protect such areas from overcrowding and conversion to higher densities. This implements Land Use District No. 1 of the General Plan.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Other
Park & open space
May 10, 2022 • Final
Mechanical
HVAC
Nov 16, 2021 • Final
Electrical
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Local insights from Redfin agents
The Los Angeles County market is becoming more balanced, giving buyers a little more room to negotiate while well-priced homes can still attract strong interest. With homes taking longer to sell and buyers becoming more selective, pricing and...