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/