NOT LISTED FOR SALE

1060 E 6th St Long Beach, CA 90802

North Alamitos Beach Neighborhood

Estimated Value: $831,598 - $901,000

2 Beds
4 Baths
1,548 Sq Ft
$560/Sq Ft Est. Value

Sale Details

Date Sold: July 12, 2019

Last sale price $676,200 $437 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,554 / mo

45 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Wall Furnace
  • Long Beach Polytechnic High School Rated A
  • Tile Flooring
  • Back Yard

About This Home

As of July 2019

Opportunity awaits on this fantastic and affordable four-plex nestled in the popular North Alamitos Beach neighborhood. Consisting of one 2 bedroom/1 bath unit and 3 studio apartments, this property offers new exterior paint, remodeled kitchens with granite counters, remodeled bathrooms, newer windows, newer carpet and newer tile flooring. It also has plenty of outdoor space with a large back concrete patio. Located across the street from the Museum of Latin American Art (MOLAA) and a short stroll to 4th street shopping. There is tons of potential upside here -- this property is adjacent to Downtown Long Beach which has more than $5 billion currently in private and public development underway. Drive-by only, please do not disturb the tenants.

Last Agent to Sell the Property

Eric Greene

Keller Williams Coastal Prop. License #01358668 Listed on: 05/06/2019

Keller Williams Coastal Prop.

Last Buyer's Agent

John Alden

Alden Pacific Investments, Inc. License #02114291

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 1,711 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • 1,548 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Raised Foundation
  • Composition Roof

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace
  • Septic Type Unknown

Additional Features

  • Gas Range
  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 7266007001

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,000
  • Fuel Expense $1,000
  • Insurance Expense $1,200
  • Trash Expense $600
  • Water Sewer Expense $1,000
  • New Taxes Expense $8,300
  • Operating Expense $13,100
  • Gross Income $42,600
  • Net Operating Income $34,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

1,711 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: No
  • Water Sewer Expenses: 1000.00
  • Zoning: LBR3S
  • Architectural Style: Traditional
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7266007001
  • Year Built: 1904
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Price Per Square Foot: 436.82

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Sewer: Unknown
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 1711.00
  • Lot Size Acres: 0.0393

Multi Family

  • Electric Expense: 1000.00
  • Fuel Expense: 1000.00
  • Gross Income: 42600.00
  • Gross Scheduled Income: 42600.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 1711.0000 Square Feet
  • Net Operating Income: 34200.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 8400.00
  • Rent Control: No
  • Total Actual Rent: 3550.00
  • Total Expenses: 13100.00

Tax Info

  • New Taxes Expense: 8300.00
  • Tax Census Tract: 5765.01

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2019
Closed on
May 15, 2019
Sold by
Bought by
Seller's Agent
Eric Greene
Keller Williams Coastal Prop.
Buyer's Agent
John Alden
Alden Pacific Investments, Inc.
List Price
$689,900
Sold Price
$676,200
Premium/Discount to List
-$13,700
-1.99%
Current Estimated Value
$867,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,450
Avg. Annual Appreciation
3.62%
Original Mortgage
$631,750
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2015
Sold by
Bought by

Purchase Details

Closed on
Oct 4, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,748
Interest Rate
4.27%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2010
Sold by
Bought by

Purchase Details

Closed on
Jan 7, 2010
Sold by
Bought by

Purchase Details

Closed on
May 11, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.93%

Purchase Details

Closed on
Jan 5, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.93%

Purchase Details

Closed on
Sep 1, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.82%

Purchase Details

Closed on
May 15, 2000
Sold by
Bought by

Purchase Details

Closed on
Feb 25, 2000
Sold by
Bought by

Purchase Details

Closed on
Dec 27, 1999
Sold by
Bought by

Purchase Details

Closed on
Sep 3, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.54%

Purchase Details

Closed on
Nov 20, 1996
Sold by
Bought by

Purchase Details

Closed on
May 10, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $631,750
Previous Owner $315,748
Previous Owner $432,000
Previous Owner $285,000
Previous Owner $188,000
Previous Owner $102,000
Previous Owner $99,000
Closed $35,250
Closed $108,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/12/2019 07/12/19 Sold $676,200 -2.0% $437 / Sq Ft
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: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,082 $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

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Eric Greene

    Keller Williams Coastal Prop.

    Section Image

  • J

    Buyer's Agent in 2019

    John Alden

    Alden Pacific Investments, Inc.

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19104356

California Regional Multiple Listing Service (CRMLS)

APN: 7266-007-001

California Los Angeles County Long Beach 90802 North Alamitos Beach

1060 E 6th St, Long Beach, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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