Alex Sanchez
eXp Realty of Southern California, Inc.
(562) 261-0539
65 Total Sales
1 in East Village
$470,000 Price
431 E 6th St Long Beach, CA 90802
East Village Neighborhood
3
Beds
4
Baths
20,981
Sq Ft
0.33
Acre Lot
Highlights
- Fitness Center
- 3-minute walk to 5Th Street Station
- City Lights View
- Long Beach Polytechnic High School Rated A
- Built in 2015 | Newly Remodeled
- 0.33 Acre Lot
About This Home
As of April 2016Completed in October of 2015, the Sixth Street Lofts is a 30-unit four-story modern apartment building located in the trendy East Village Arts District in the heart of downtown Long Beach. Currently in lease-up, this property has an excellent unit mix of 9 large Studio units, 15 large 1BR/1BA units, and 6 2BR/2BA units. The units themselves are very impressive with open floorplans, 10-foot ceilings, wood-style plank flooring, luxurious cherry cabinets, designer-appointed granite countertops, walk-in closets, extra storage, individual balconies, central A/C and a complete appliance package that includes a full-sized washer/dryer. Many of the units have outstanding city views as well.
The Sixth Street Lofts offer modern amenities to tenants not always associated with 30-unit buildings. Securitized garage parking offers tenants 42 garage spaces. There is an entertainment lounge available for the tenants and a rooftop deck with a fireplace and great city skyline views. Tenants also have access to a 24-hour fitness room and plentiful bicycle storage. An elevator serves the building, and complimentary Wi-Fi is offered in the common areas. Tenants who work outside of Long Beach can walk to the Metro Blue Line rail system, which is only blocks away.
Last Agent to Sell the Property
Marcus & Millichap License #01198357 Listed on: 11/05/2015
Last Buyer's Agent
General NONMEMBER
NONMEMBER MRML
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 2015 | Newly Remodeled
Lot Details
- 14,260 Sq Ft Lot
- Lot Dimensions are 100' x 150'
- Two or More Common Walls
Parking
- 42 Car Garage
- Parking Available
- Assigned Parking
- Community Parking Structure
Home Design
- Modern Architecture
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 20,981 Sq Ft Home
- 4-Story Property
- Open Floorplan
- High Ceiling
- City Lights Views
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Bathrooms
Laundry
- Dryer
- Washer
Additional Features
- Urban Location
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Legal Lot and Block 23 / 44
- Tax Tract Number 7273
- Assessor Parcel Number 7273028044
Community Details
Overview
- No Home Owners Association
- 30 Units
Amenities
- Community Fire Pit
- Recreation Room
- Laundry Facilities
- Community Storage Space
Recreation
- Fitness Center
Building Details
- 31 Separate Electric Meters
- 31 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $6,000
- Insurance Expense $7,343
- Maintenance Expense $21,604
- Other Expense $15,000
- Professional Management Expense $54,009
- Trash Expense $3,000
- Water Sewer Expense $13,000
- New Taxes Expense $121,000
- Gross Income $60,010
- Net Operating Income $441,158
Security
- Card or Code Access
Home Values in the Area
Average Home Value in this Area
Agents Specializing in East Village, CA
-
Alex Sanchez
-
Cyrus Mohseni
Cyrus Mohseni
Responds QuicklyThe Keystone Team
(657) 341-0810
178 Total Sales
2 in East Village
$340K - $353K Price Range
-
Roddy de la Garza
Roddy de la Garza
Epique Realty
(323) 615-1579
115 Total Sales
1 in East Village
$587,500 Price
-
Aaron Aalcides
Aaron Aalcides
Epique Realty
(424) 344-4752
58 Total Sales
1 in East Village
$471,000 Price
-
ROBERT WATKINS
ROBERT WATKINS
RE/MAX TIME REALTY
(909) 406-2551
77 Total Sales
1 in East Village
$490,000 Price
-
June Shoji
June Shoji
Responds QuicklyCENTURY 21 On Target
(562) 268-4324
8 Total Sales
2 in East Village
$440K - $490K Price Range
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 |
|---|---|---|---|
| $9,800,000 | Chicago Title | ||
| Long Beach Pacific Associates | $960,009 | First American Title | |
| Sixth Street Long Beach Development Llc | -- | Accommodation | |
| Hqt Homes 207 Llc | -- | First American Title Ins Co | |
| East West Bank | $90,000 | Accommodation | |
| Creative Conception Llc | -- | First American Title Ins Co | |
| Creative Concepts Llc | -- | Accommodation | |
| Young Nicholaus S A | $1,650,000 | First American Title Ins Co |
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 |
|---|---|---|---|
| Open | $6,000,000 | ||
| Closed | Bella Mare Sixth St Lofts Llc | $6,140,000 | |
| Previous Owner | Long Beach Pacific Associates | $4,460,000 | |
| Previous Owner | Sixth Street Long Beach Development Llc | $8,000,000 | |
| Previous Owner | Creative Conception Llc | $4,056,000 | |
| Previous Owner | Young Nicholaus S A | $504,500 |
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 |
|---|---|---|---|---|
| 04/04/2016 04/04/16 | Sold | $9,800,000 | -10.9% | $467 / Sq Ft |
| 01/22/2016 01/22/16 | Pending | -- | -- | -- |
| 11/05/2015 11/05/15 | For Sale | $11,000,000 | -- | $524 / 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 |
|---|---|---|---|---|
| 2026 | $154,038 | $11,833,235 | $5,312,880 | $6,520,355 |
| 2025 | $154,038 | $11,601,211 | $5,208,706 | $6,392,505 |
| 2024 | $147,302 | $11,373,737 | $5,106,575 | $6,267,162 |
| 2023 | $144,819 | $11,150,724 | $5,006,447 | $6,144,277 |
| 2022 | $135,866 | $10,932,083 | $4,908,282 | $6,023,801 |
| 2021 | $133,145 | $10,717,730 | $4,812,042 | $5,905,688 |
| 2019 | $131,109 | $10,399,838 | $4,669,315 | $5,730,523 |
| 2018 | $128,043 | $10,195,920 | $4,577,760 | $5,618,160 |
| 2016 | $102,633 | $8,494,112 | $994,112 | $7,500,000 |
| 2015 | $29,883 | $2,329,180 | $979,180 | $1,350,000 |
| 2014 | $10,360 | $895,043 | $895,043 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Wenzel
MW
Seller's Agent in 2016
Matthew Wenzel
Marcus & Millichap
(562) 257-1200
12 Total Sales
-
GN
Buyer's Agent in 2016
General NONMEMBER
NONMEMBER MRML
-
CA
Buyer's Agent in 2016
Chris Arthur
ITECH MLS
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW15240528
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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