$2,135,000
SOLD JUN 10, 2025
4 Beds
4 Baths
7,942 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$269 Per Sq Ft

2% Below List Price

11 Days on Market

Highlights

  • 0.17 Acre Lot
  • No HOA
  • Level Lot
  • Long Beach Polytechnic High School Rated A
  • Laundry Room
  • Radiant Heating System

About This Home

As of June 2025

710 East 6th Street is an 8-unit multifamily investment opportunity located in the East Village Arts District neighborhood in Long Beach, CA. 710 East 6th Street offers a mix of one and three-bedroom floor plans, featuring vinyl and tile flooring, quartz countertops, stainless steel appliances, bathroom vanities, and more. Additionally, the property features ample garage and surface parking, private patios or balconies (select units), an on-site laundry facility, and operates solely using electricity. Situated in a fantastic Downtown Long Beach location within the East Village Arts District, 710 East 6th Street is surrounded by an abundance of retail, dining, and entertainment options, as well as employers. Additionally, residents enjoy the properties close proximity to an abundance of everyday needs at El Super Markets and Vons. Furthermore, 710 East 6th Street benefits from its location, providing easy access to a wide variety of local amenities including, The Pike Outlets, Long Beach Convention & Entertainment Center, Alamitos Beach, Retro Row, and more. In summary, 710 East 6th Street’s fantastic location offers residents a wide variety of activities, employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With substantial upside and strong rental metrics, 710 East 6th Street represents an attractive opportunity for a new owner to achieve significant growth.

Last Agent to Sell the Property

Tyler Leeson

Marcus & Millichap RE Invest Brokerage Email: tleeson@marcusmillichap.com License #01451551 Listed on: 02/24/2025

Last Buyer's Agent

Martin Feinberg

Keller Williams Los Angeles License #00977561

Keller Williams Los Angeles

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1964

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 7,942 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Rain Gutters
  • Radiant Heating System

Listing and Financial Details

  • Legal Lot and Block 8 / 50
  • Tax Tract Number 5762
  • Assessor Parcel Number 7281003007
  • $1,768 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Alamitos Beach Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 8 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $1,800
  • Fuel Expense $1,800
  • Insurance Expense $6,800
  • Maintenance Expense $5,600
  • Other Expense $7,368
  • Professional Management Expense $9,067
  • Trash Expense $1,800
  • Water Sewer Expense $1,800
  • New Taxes Expense $27,037
  • Operating Expense $63,072
  • Gross Income $186,780
  • Net Operating Income $118,277

Property Details

Home Type

Apartment

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • CapRate: 5.43
  • Professional Management Expense: 9067.00
  • Property Attached: No
  • Subdivision Name Other: Alamitos Beach (AB)
  • Water Sewer Expenses: 1800.00
  • Zoning: LBPD30
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7281003007
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 268.82

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Radiant
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 7405.20
  • Lot Size Acres: 0.1700

Multi Family

  • Electric Expense: 1800.00
  • Fuel Expense: 1800.00
  • Gross Income: 186780.00
  • Gross Multiplier: 11.67
  • Gross Operating Income: 175589.00
  • Gross Scheduled Income: 181020.00
  • Insurance Expense: 6800.00
  • Lot Size Area: 0.1700 Acres
  • Maintenance Expense: 5600.00
  • Net Operating Income: 118277.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 63072.00
  • Operating Expense Percent: 34.80
  • Other Expense: 7368.00
  • Other Expense Description: Misc
  • Other Income1: 5760.00
  • Other Income Description: Misc
  • Rent Control: No
  • Total Expenses: 63072.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 27037.00
  • Tax Block: 50
  • Tax Census Tract: 5762.00
  • Tax Lot: 8
  • Tax Tract Number: 5762
  • TaxOtherAnnualAssessmentAmount: 1768.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2025 06/10/25 Sold $2,135,000 -2.1% $269 / Sq Ft
03/07/2025 03/07/25 Pending -- -- --
02/24/2025 02/24/25 For Sale $2,180,000 -- $274 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25040707

California Regional Multiple Listing Service (CRMLS)