$890,000
$60K PRICE DROP

Estimated payment $5,468/month

Total Views 4,984
2 Beds
4 Baths
1,548 Sq Ft
$575 Price per Sq Ft

About This Home

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.

Listing Agent

Jake Glaser

Lyon Stahl Investment Real Estate, Inc. License #02128816 Listed on: 09/22/2025

Lyon Stahl Investment Real Estate, Inc.

Co-Listing Agent

Spencer Chan

Lyon Stahl Investment Real Estate, Inc. License #02197531

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Home Design

  • Split Level Home

Interior Spaces

  • 1,548 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Bathrooms

Additional Features

  • 1,711 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 7266-007-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 1548
  • Lot Acreage: 0.0393
  • Probate: No
  • Stories: 2
  • Year Built: 1904
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 574.94

Exterior Features

  • Other Structures: None

Utilities

  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 34.93
  • Assessed Improvement Value: 253252
  • Assessed Land Percent: 65.07
  • Assessed Land Value: 471767
  • Total Assessed Value: 725019
  • Assessor Parcel Number: 7266-007-001
  • Lot Size Area: 1711

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.23
  • Number Of Units: 4
  • Type Of Units: 0+1,2+1

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,651 $739,519 $481,202 $258,317
2024 $9,651 $725,019 $471,767 $253,252
2023 $9,482 $710,804 $462,517 $248,287
2022 $8,901 $696,868 $453,449 $243,419
2021 $8,719 $683,205 $444,558 $238,647
2020 $8,697 $676,200 $440,000 $236,200
2019 $5,019 $367,515 $252,668 $114,847
2018 $4,887 $360,310 $247,714 $112,596
2016 $4,503 $346,321 $238,096 $108,225
2015 $4,330 $341,120 $234,520 $106,600
2014 $4,317 $334,439 $229,927 $104,512
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2025 09/22/25 For Sale $890,000 0.0% $575 / Sq Ft
09/09/2025 09/09/25 Off Market $890,000 -- --
08/20/2025 08/20/25 Price Changed $890,000 -1.7% $575 / Sq Ft
05/30/2025 05/30/25 Price Changed $905,000 -2.7% $585 / Sq Ft
05/12/2025 05/12/25 Price Changed $930,000 -2.1% $601 / Sq Ft
03/18/2025 03/18/25 For Sale $950,000 +40.5% $614 / Sq Ft
07/12/2019 07/12/19 Sold $676,200 -2.0% $437 / Sq Ft View Prior Sale
06/20/2019 06/20/19 Pending -- -- --
06/18/2019 06/18/19 For Sale $689,900 0.0% $446 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $689,900 -- $446 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $676,500 Chicago Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $320,000 North American Title
Grant Deed $215,500 North American Title Co
Trustee Deed $250,000 Accommodation
Grant Deed $540,000 Fatco
Interfamily Deed Transfer -- Diversified Title Company
Grant Deed $380,000 Diversified Title & Escrow
Interfamily Deed Transfer -- United Title Company
Grant Deed $235,000 United Title Company
Grant Deed $110,000 Fidelity National Title Co
Grant Deed -- Fidelity National Title
Trustee Deed $114,821 Fidelity National Title Ins
Trustee Deed $117,206 Fidelity National Title Ins
Corporate Deed $110,000 Investors Title Company
Trustee Deed $63,750 Fidelity National Title Ins
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $631,750 New Conventional
Previous Owner $315,748 FHA
Previous Owner $432,000 Purchase Money Mortgage
Previous Owner $285,000 Purchase Money Mortgage
Previous Owner $188,000 No Value Available
Previous Owner $102,000 No Value Available
Previous Owner $99,000 No Value Available
Closed $35,250 No Value Available
Closed $108,000 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 25513223

The MLS

APN: 7266-007-001