Properties

Long Beach, CA 90802 1060 E 6th Street

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Presented By: Jake Glaser with Lyon Stahl Investment Real Estate, Inc.;
  • MLS# 25513223
  • 03/18/2025
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  • Beds • 2
  • Baths • 1
  • SQFT • 1,548

Home Details

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.
Presented By: Jake Glaser with Lyon Stahl Investment Real Estate, Inc.;

Interior Features for 1060 E 6th Street

Bedrooms

Total Bedrooms2

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4

Other Interior Features

Air Conditioning Y/NNo
Heating Y/NYes
Total Stories2

General for 1060 E 6th Street

Cap Rate5.1
CityLong Beach
CoolingNone
CountyLos Angeles
DirectionsProperty located between Alamitos Ave and Cerritos Ave on 6th Street in the North Alamitos Beach neighborhood
Full Baths
Gross Income67260
HOANo
HeatingWall Furnace
LevelsMulti/Split
Living Area1548
Lot Size Square Feet1711
Lot Size UnitsSquare Feet
MLS Area4 - Downtown Area, Alamitos Beach
Net Operating Income45347
New ConstructionNo
Number Of Units Total4
PostalCityLONG BEACH
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1904
ZoningLBR3S

Exterior for 1060 E 6th Street

Building Area Total1548
Lot Size Acres0.0393
Lot Size Area1711
Number of Buildings1
Parking FeaturesNone
Total Parking0

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $890,000
MLS#25513223
List Date 03/18/2025
Property Type Multi-Family
Phone 888.795.6274
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