$3,225,000
For Sale

3117 E 6th Street

Long Beach, CA 90814
0.15 acres | #DW24247496
Listing OfficeeXp Realty of California Inc.
Browse 20 photos
Type:Multi-Family
Structure:House
Zone:Residential

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.

  • Property Details
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$3,200,000
      • MLS #DW24247496
      • MLS #DW24247496
      • Property SubtypeApartment
      • Cost3225000
      • Acres0.1492
      • Utility SourcePublic
      • Lot DescriptionPaved
      • Year Built1961
      • Stories1
      • Parking Spaces5

Location

Marylin PaulReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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