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$950,000

Beds
2
sq ft
1,548

1060 E 6th St, Long Beach, CA 90802

1060 E 6th St

Long Beach, CA 90802

  • 15 days on market
1060 E 6th St, a well-maintained fourplex located in the North Alamitos Beach neighborhood of Long Beach. This charming property features a desirable unit mix of (3) studio apartments and (1) two-bedroom, one-bath unit. Recent upgrades include new vinyl flooring, granite countertops, updated light fixtures, and new water heaters. The property benefits from no local rent control, allowing for strong rental growth potential. The current owner also collects RUBS (Ratio Utility Billing System) to efficiently offset utility costs.This low-priced four-unit property offers a rare, low barrier to entry for investors looking to break into the Long Beach multifamily market. With strong in-place rents, minimal overhead, and no local rent control restrictions, this property presents an excellent opportunity for both new and seasoned investors to generate steady cash flow and long-term appreciation.The property is ideally situated just a 5-minute drive to the Long Beach Waterfront, providing easy access to beaches, parks, and oceanfront attractions. Residents can enjoy the convenience of nearby shopping, dining, and entertainment options, including Retro Row (4th Street), Pine Avenue, The Pike Outlets, and the East Village Arts District. The property is also in close proximity to major developments and mixed-use projects, further enhancing its long-term investment appeal.

Details

Property type

Lot size

1,711 sq ft

Price per sq ft

$614

Year built

1904

HOA

No

Price History

03/18/2025
CLAW

CLAW #25513223

Listed
$950,000
+40.49%
07/12/2019
CRMLS

CRMLS #PW19104356

Sold
$676,200

Schools & Community

Neighborhood: 

Hellman

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 04/03/2025 at 4:45 PM

Listing updated: 04/02/2025 at 8:51 PM

Listed by: Jake Glaser, Lyon Stahl Investment Real Estate, Inc. Phone #: (310) 425-9838

MLS: CLAW #25513223

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