Seller's Agent in 2019
Robert Stepp
Keller Williams Realty Downey
(310) 463-2916
3 in this area
81 Total Sales
3117 E 6th St Long Beach, CA 90814
Bluff Heights Neighborhood
3
Beds
2
Baths
6,706
Sq Ft
6,501
Sq Ft Lot
About This Home
As of October 20193117 E. 6th Street is a 9-unit investment opportunity in popular Eastside Long Beach, just two blocks from Fourth Street/ Retro Row. The property offers a desirable mix of (2) one-bedroom/one-bath units and (7) two- bedroom/one-bath units. All units have been completely renovated with new wood- style flooring, quartz countertops, Shaker- style cabinetry, stainless steel appliances and designer fixtures and hardware throughout. The building also features community BBQ and dining facilities. The Eastside location gives tenants walkability to Fourth Street/Retro Row shops, eateries, and boutiques. This property provides an excellent opportunity for a buyer to own a completely turnkey asset in a highly sought-after submarket. The area surrounding Rose Circle Park, known for its enclave of desirable 1910-1922 Craftsman Bungalows, has developed into a bustling, walkable neighborhood offering many dining, nightlife and retail amenities. Eclectic and hip Fourth Street Retro Row is a popular destination for its selection of vintage and contemporary clothing, furniture, homegoods, art antiques and skateboards as well as locally-owned restaurants, coffee shops and wine bars.
Last Agent to Sell the Property
Keller Williams Realty Downey License #01456379 Listed on: 07/29/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 6,501 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 4 Car Garage
- Parking Available
Home Design
- 6,706 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Legal Lot and Block 21 / F
- Tax Tract Number 5768
- Assessor Parcel Number 7258029024
Community Details
Overview
- 9 Units
Building Details
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,322
- Fuel Expense $1,322
- Gardener Expense $1,180
- Insurance Expense $5,785
- Maintenance Expense $3,375
- Other Expense $1,575
- Pest Control $1,863
- Professional Management Expense $9,545
- Trash Expense $1,322
- Water Sewer Expense $1,322
- New Taxes Expense $42,020
- Operating Expense $71,132
- Gross Income $212,121
- Net Operating Income $140,989
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
Closed on
Apr 8, 2020
Sold by
Bought by
Purchase Details
Listed on
Jul 29, 2019
Closed on
Sep 10, 2019
Sold by
Bought by
Seller's Agent
Robert Stepp
Keller Williams Realty Downey
Buyer's Agent
Chase Wybenga
Circle Real Estate
List Price
$3,200,000
Sold Price
$3,150,000
Premium/Discount to List
-$50,000
-1.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,025,000
Interest Rate
0.035%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 16, 2017
Sold by
Bought by
Purchase Details
Closed on
Nov 4, 2002
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
$190,000
Interest Rate
0.0628%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| -- | None Available | ||
| $3,150,000 | Ticor Title Company | ||
| $1,985,000 | Fidelity National Title | ||
| -- | Natc |
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 | $1,025,000 | ||
| Previous Owner | $690,000 | ||
| Previous Owner | $190,000 |
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 |
|---|---|---|---|---|
| 10/23/2019 10/23/19 | Sold | $3,150,000 | -1.6% | $470 / Sq Ft |
| 09/24/2019 09/24/19 | Pending | -- | -- | -- |
| 07/29/2019 07/29/19 | For Sale | $3,200,000 | -- | $477 / 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 | $45,627 | $3,444,981 | $1,804,513 | $1,640,468 |
| 2024 | $43,658 | $3,377,433 | $1,769,131 | $1,608,302 |
| 2023 | $42,923 | $3,311,210 | $1,734,443 | $1,576,767 |
| 2022 | $40,268 | $3,246,285 | $1,700,435 | $1,545,850 |
| 2021 | $39,474 | $3,182,634 | $1,667,094 | $1,515,540 |
| 2020 | $39,372 | $3,150,520 | $1,650,000 | $1,500,520 |
| 2019 | $26,531 | $2,065,714 | $1,040,400 | $1,025,314 |
| 2018 | $27,837 | $2,025,220 | $1,020,000 | $1,005,220 |
| 2016 | $8,549 | $628,952 | $101,499 | $527,453 |
| 2015 | $8,229 | $619,506 | $99,975 | $519,531 |
| 2014 | $8,217 | $607,372 | $98,017 | $509,355 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Stepp
-
Chase Wybenga
Buyer's Agent in 2019
Chase Wybenga
Circle Real Estate
(562) 888-0488
22 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19179969
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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