$1,395,000 - 2122 E 6th Street, Long Beach

  • 0Beds
  • Baths
  • 3,840SQ. Feet
  • 0.12Acres

LARGE 4-Plex Townhouse style 2 bd/ 1.5ba units in a well maintained building in one of the best areas of Long Beach -- around the corner from Retro Row and just a few blocks from the beach. Great current rents, however still well below market value with additional upside potential. Market CAP rate of 5.6% and GRM of 13.8. Two of the units have been updated and have granite counters in the kitchen and bathrooms. New double pane high- efficiency windows were installed in every unit just last year. Includes 5 GARAGE SPACES that could easily be rented for $150 per space for additional income, bringing CAP rate to over 6.3% Each unit separately metered for gas and electric. Low operating expenses for owner. Excellent buy for any owner-occupier or investor.

Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:PW19226415
  • Price:$1,395,000
  • Bathrooms:0.00
  • Square Footage:3,840
  • Acres:0.12
  • Year Built:1965
  • Type:Residential Income
  • Status:Active

Community Information

  • Address:2122 E 6th Street
  • Area:Downtown Area, Alamitos Beach (4)
  • Subdivision:Alamitos Beach (AB)
  • City:Long Beach
  • County:Los Angeles
  • State:CA
  • Zip Code:90814

Amenities

  • Parking Spaces:5
  • # of Garages:5

Interior

  • Heating:Central Furnace

Exterior

  • Lot Description:Near Public Transit, Walkstreet
  • Windows:Double Pane Windows

Additional Information

  • Date Listed:September 24th, 2019
  • Days on Market:52
  • Zoning:LBR1N

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  • City:
    Long Beach
  • Price Range:
    $1,649,999 - $1,649,999
  • Current Listings:
    1
  • HOA Dues:
    $
  • Average Price per Square Foot:
    $358
  • Link:
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Provided By: Jasmina Blount(01983868), Realty One Group Diamond.

Based on information from California Regional Multiple Listing Service, Inc. as of November 16th, 2019 at 6:22pm CST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.