463 W 6th St Long Beach, CA 90802
West Village NeighborhoodEstimated payment $10,633/month
Highlights
- 0.06 Acre Lot
- No HOA
- Security Fence
- Wood Flooring
- Floor Furnace
About This Home
8-unit apartment building located in Downtown Long Beach. The property features a unit mix of (6) studios and (2) 1-bed/1-bath units, all with upgraded interiors. The building has been well maintained and has upgraded electrical panels. There is also a well sized basement with potential to be converted into a common area laundry room. Located on a corner lot with good visibility and access to local amenities, employment centers, and the 710 Freeway. Downtown Long Beach continues to see new development, supporting rental demand. Opportunity for stable cash flow with additional upside through rental increases.
Listing Agent
Sage Real Estate Group, Inc. Brokerage Phone: 562-896-3851 License #01950585 Listed on: 04/15/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 2,534 Sq Ft Lot
- Two or More Common Walls
- Security Fence
- Density is 6-10 Units/Acre
Home Design
- Apartment
- Entry on the 1st floor
- Concrete Perimeter Foundation
Interior Spaces
- 4,001 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 8 Bathrooms
Location
- Urban Location
Utilities
- Floor Furnace
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 18 / 37
- Tax Tract Number 5759
- Assessor Parcel Number 7272023022
- $1,439 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 8 Units
- Downtown Subdivision
Building Details
- Rent Control
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $29
- Fuel Expense $706
- Insurance Expense $8,000
- Professional Management Expense $8,865
- Trash Expense $250
- Water Sewer Expense $1,380
- Operating Expense $52,431
- Gross Income $149,397
- Net Operating Income $147,744
Map
Home Values in the Area
Average Home Value in this Area
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 | $25,864 | $2,016,294 | $1,310,591 | $705,703 |
| 2024 | $25,864 | $1,976,760 | $1,284,894 | $691,866 |
| 2023 | $25,419 | $1,938,000 | $1,259,700 | $678,300 |
| 2022 | $23,850 | $1,900,000 | $1,235,000 | $665,000 |
| 2021 | $17,730 | $1,389,244 | $899,220 | $490,024 |
| 2019 | $6,781 | $465,045 | $298,830 | $166,215 |
| 2018 | $6,611 | $455,943 | $292,971 | $162,972 |
| 2016 | $6,085 | $437,452 | $281,596 | $155,856 |
| 2015 | $5,860 | $430,882 | $277,367 | $153,515 |
| 2014 | $5,860 | $422,442 | $271,934 | $150,508 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/15/2026 04/15/26 | For Sale | $1,599,000 | -- | $400 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26080272
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Ask me questions while you tour the home.