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.
Property Details
Price:
$3,225,000
MLS #:
DW24247496
Status:
Active
Baths:
0
Address:
3117 E 6th Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
699notdefined
City:
Long Beach
Listed Date:
Dec 11, 2024
State:
CA
ZIP:
90814
Lot Size:
6,501 sqft / 0.15 acres (approx)
Year Built:
1961
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Schools
Interior
Exterior
Community Features
Sidewalks
Garage Spaces
5.00
Lot Features
Paved
Parking Spots
5.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Tenant Pays
Cable T V
Map
Community
- Address3117 E 6th Street Long Beach CA
- Area699 – Not Defined
- CityLong Beach
- CountyLos Angeles
- Zip Code90814
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3117 E 6th Street
Long Beach, CA
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