Seller's Agent in 2021
Sarah Martin
Real Broker
(714) 317-9002
1 in this area
65 Total Sales
621 E 6th St Long Beach, CA 90802
East Village Neighborhood
14
Beds
13
Baths
8,136
Sq Ft
7,437
Sq Ft Lot
Highlights
- 0.17 Acre Lot
- Open Floorplan
- Fireplace
- Long Beach Polytechnic High School Rated A
- No HOA
- Cooling Available
About This Home
As of March 2021Great stable investment opportunity, 11-Unit Apartment Building. This property is located at 621 E. 6th St. in Downtown Long Beach, California. Property consists of 8,136 sqft of rentable living space with 11 residential units. (6) 1 Bedroom 1 Bath (1) 2 Bedroom 2 Bath (3) Studios (1) 3 Bedroom 2 Bath. Additionally, each unit is separately metered for gas and electricity. Property being sold Tenant Occupied and in AS-IS condition. This property is just steps to downtown Long Beach with a wide variety of businesses, restaurant’s and entertainment. Don’t miss this rare opportunity to acquire a stable asset in a prime costal location with true rental upside.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 7,437 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- Apartment
- Composition Roof
Interior Spaces
- 8,136 Sq Ft Home
- Open Floorplan
- Fireplace
- Living Room
- Vinyl Flooring
- Laundry Room
Bedrooms and Bathrooms
- 14 Bedrooms
- 13 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Cooling Available
- Heating Available
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 21
- Tax Tract Number 57620
- Assessor Parcel Number 7274018038
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 11 Units
- Alamitos Beach Subdivision
Building Details
- 11 Separate Electric Meters
- 11 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $38,748
- Gross Income $196,980
- Net Operating Income $154,992
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/05/2021 03/05/21 | Sold | $2,000,000 | 0.0% | $246 / Sq Ft | |
| 12/28/2020 12/28/20 | Pending | -- | -- | -- | |
| 10/13/2020 10/13/20 | Off Market | $2,000,000 | -- | -- | |
| 10/12/2020 10/12/20 | For Sale | $2,299,000 | +15.0% | $283 / Sq Ft | |
| 09/11/2020 09/11/20 | Off Market | $2,000,000 | -- | -- | |
| 08/10/2020 08/10/20 | Price Changed | $2,299,000 | -7.9% | $283 / Sq Ft | |
| 07/10/2020 07/10/20 | For Sale | $2,495,000 | +91.2% | $307 / Sq Ft | |
| 11/09/2014 11/09/14 | Sold | $1,305,000 | -5.4% | $160 / Sq Ft | View Prior Sale |
| 09/05/2014 09/05/14 | Pending | -- | -- | -- | |
| 08/25/2014 08/25/14 | For Sale | $1,380,000 | -- | $170 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Sarah Martin
-
Cameron Samimi
Buyer's Agent in 2021
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
(310) 259-7556
1 in this area
203 Total Sales
-
Kevin King
Seller's Agent in 2014
Kevin King
Marcus & Millichap
(562) 257-1245
1 in this area
42 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20135477
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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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