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27 photos
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$890,000
Est. payment /mo
2 Beds
1,548 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,548 sqft
Price per Sqft $574
MLS Listing ID CL25513223
Bedrooms 2
HOA Y/N No
Year Built 1904
Lot Size 1,711 Sqft
Acres 0.04
Property Sub-Type OTHER
Property Description
DELIVERED WITH TWO VACANT UNITS, INCLUDING THE RENOVATED 2-BED / 1-BATH OWNER'S UNIT AND (1) STUDIO + (1) 2-BR / 1-BA...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/quartz countertops, updated light fixtures, and a new water heater. Units 3 and 4, consisting of (1) studio and (1) two-bedroom, one-bath unit, are currently vacant, with the two-bedroom unit newly remodeled. 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 o
Location
State CA
County Los Angeles
Zoning LBR3
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Fireplace No
Building
New Construction No
Others
Tax ID 7266007001
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Listed by Jake Glaser • Lyon Stahl Investment Real Estate, Inc.
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