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1060 E 6th St
For Sale $890,000 ($574.94 per Sq Ft)
$890,000 ($574.94 per Sq Ft)
- 2 Bedrooms
- 4.00 Bathrooms
- 1,548 Sq Ft
- 1,711 Sq Ft
Description
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. 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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $890,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 1,548 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1904 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7266007001 |
| MLS # | 25513223 |
| Property ID | 291992992 |
| Lot Sqft | 1,711 |
| Zoning | LBR3S |
| Total Units | 4 |
| Days on Market | 313 |
| Original List Price | $950,000 |
| Date Updated | December 10, 2025 |
| Date Created | March 18, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 0 | 1.00 | $1,200 | $1,495 |
| Unit #2 | 0 | 1.00 | $1,285 | $1,495 |
| Unit #3 | 0 | 1.00 | $1,375 | $1,495 |
| Unit #4 | 2 | 1.00 | $1,695 | $2,250 |
| Gross Income (Yr) | $ 65,242 |
| Operating Expenses | $ 19,895 |
| Net Income (Yr) | $ 45,347 |
| Cap Rate | 5.10% |
Listing Provided By
Jake Glaser an agent of Lyon Stahl Investment Real Estate, Inc.. Lic #02128816
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Robert Crawford
REAL ESTATE AGENT