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3117 E 6th St
For Sale $3,225,000
$3,225,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 6,501 Sq Ft
Description
Presenting a prime investment opportunity in the heart of Long Beach's vibrant Eastside neighborhood! This fully renovated 9-unit property, originally built in 1961 and beautifully updated in 2019, offers 6,706 sq ft of living space on a 6,534 sq ft lot. The complex features 2 one-bedroom/one-bath units and 7 two-bedroom/one-bath units, all meticulously renovated with modern wood-style flooring, quartz countertops, Shaker-style cabinetry, stainless steel appliances, and designer fixtures. Located just two blocks from the bustling Fourth Street/Retro Row, this property boasts excellent walkability and access to a diverse array of shops, restaurants, and entertainment. With a current NOI of $152,215 and a strong occupancy rate, this turnkey investment promises strong returns in a highly desirable location.
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 | $3,225,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 5 spots |
| Year Built | 1961 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7258029024 |
| MLS # | DW24247496 |
| Property ID | 292000877 |
| Lot Sqft | 6,501 |
| Zoning | LBR2N |
| Total Units | 9 |
| Days on Market | 375 |
| Original List Price | $3,200,000 |
| Date Updated | December 14, 2024 |
| Date Created | December 11, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $20,517 | $0 |
| Net Income (Yr) | $ 152,215 |
| Cap Rate | 4.72% |
Listing Provided By
Martin Marquez an agent of . Lic #02012061
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 14, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT