463 W 6th Street, Long Beach, CA 90802

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Glen Henderson

[email protected] +1(619) 889-7646

$1,630,000

Est. payment - /mo

1 Bed

2 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Downtown (Dt)

MLS Listing ID PW25164387

Bedrooms 1

Property Sub-Type Res Income 2-4 Units

Property Type Res Income 2-4 Units

Property Description

463 W. 6th Street is a well-located, 8-unit apartment asset in the heart of Downtown Long Beach. Priced at a 6.00% cap rate and a 10.49 GRM based on current rents, the property offers strong in-place income with additional upside potential. The well-maintained building features new exterior paint and a refreshed entry awning. The unit mix includes (2) 1-bed/1-bath units and (6) studio units, all of which offer hardwood flooring and upgraded kitchens and bathrooms. Additional highlights include upgraded electrical systems and desirable 1920s architectural detailing. Ideally situated in Downtown Long Beach, the property boasts a Walk Score of 89Very Walkablewith most daily errands easily accomplished on foot. The property also offers convenient access to the 710 Freeway, providing seamless connectivity throughout Long Beach and the greater Los Angeles area.

Location

State CA

County Los Angeles

Zoning Assessor

Direction 463 6th

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 7272023022

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Listed by Robert Stepp Keller Williams Realty Downey

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

463 W 6th Street Long Beach, CA 90802

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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