$2,000,000

Estimated payment $13,130/month

-- Beds
12 Baths
4,820 Sq Ft
$415 Price per Sq Ft

Highlights

  • 0.17 Acre Lot
  • 1-Story Property
  • 4-minute walk to Gumbiner Park
  • Long Beach Polytechnic High School Rated A

About This Home

711 E 6th St | 12-Unit Multifamily, Long Beach. 1953-built asset totaling 5,040 SF on an 8,064 SF lot in an established residential corridor near Long Beach's downtown core. The property features (12) studio units averaging 420 SF with zero parking obligationa structural advantage in this dense urban submarket. Ten units are currently occupied and every unit is at or below market, with in-place rents averaging $1,507.50/month against market rents of $1,525 and two units positioned at market ready to lease. Offered at $2,000,000 ($166,667/unit | $396.83/SF) with a 6.64% in-place cap rate, the real story is execution simplicitya 6.77% pro forma cap and immediate distribution capacity as two market-ready units lease with zero capex required.

Listing Agent

Taylor Avakian

Lyon Stahl Investment Real Estate, Inc. License #02060040 Listed on: 08/20/2026

Lyon Stahl Investment Real Estate, Inc.

Co-Listing Agent

Freddie Gershinson

Lyon Stahl Investment Real Estate, Inc. License #02254744

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 7,554 Sq Ft Lot
  • Lot Dimensions are 50x150

Interior Spaces

  • 12 Bathrooms
  • 4,820 Sq Ft Home
  • 1-Story Property

Community Details

  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 7274-019-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

7,554 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 4820
  • Lot Acreage: 0.1734
  • Lot Dimensions: 50x150
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Total Bathrooms: 12.00
  • Price Per S Q F T: 414.94

Exterior Features

  • Other Structures: None

Lot Info

  • Assessed Improvement Percent: 30.00
  • Assessed Improvement Value: 470034
  • Assessed Land Percent: 70
  • Assessed Land Value: 1096750
  • Total Assessed Value: 1566784
  • Assessor Parcel Number: 7274-019-016
  • Lot Size Area: 7554

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 9.21
  • Number Of Units: 12
  • Type Of Units: Studios

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $22,067 $1,598,119 $1,118,685 $479,434
2025 $22,067 $1,566,784 $1,096,750 $470,034
2024 $21,108 $1,536,064 $1,075,246 $460,818
2023 $20,731 $1,505,946 $1,054,163 $451,783
2022 $19,478 $1,476,419 $1,033,494 $442,925
2021 $19,061 $1,447,471 $1,013,230 $434,241
2019 $18,938 $1,405,980 $983,178 $422,802
2018 $18,261 $1,378,440 $963,900 $414,540
2016 $7,221 $492,922 $149,747 $343,175
2015 $6,961 $485,519 $147,498 $338,021
2014 $6,979 $476,009 $144,609 $331,400
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
08/20/2026 08/20/26 For Sale $2,000,000 -- $415 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 26901557

The MLS
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