Long Beach, CA 90802,621 E 6th Street

$1,305,000

$1,380,000

5.4%
Est.Price: ?

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Est. payment /mo

7,448 Sqft Lot


SOLD DATE : 11/09/2014

Key Details

Sold Price $1,305,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Belmont Heights (Bh)

MLS Listing ID PW14182961

Sold Date 11/09/14

HOA Y/N No

Year Built 1923

Lot Size 7,448 Sqft

Property Description

We are proud to present a well-maintained 11-unit apartment building located at 621 East 6th Street in Downtown Long Beach, California. The property features an excellent unit mix of four studio/one-bathroom units, five one-bedroom/one-bathroom units, one two-bedroom/two-bathroom unit and one three-bedroom/ two-bathroom unit. Built in 1923, the subject property consists of 8,136 rentable square feet with a lot size of 7,437 square feet. There are separate meters for gas and electricity. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy being in Downtown Long Beach which is known for its major tourist attractions, variety of businesses, hotels, restaurants, and entertainment. This is a rare opportunity to acquire a quality asset in a prime location with true rental upside and stable return

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Interior

Fireplace No

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Sidewalks

Total Parking Spaces 2

Private Pool No

Building

Lot Description 11-15 Units/Acre

Sewer Unknown

Water Public

Others

Tax ID 7274018038

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash to Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Kevin King • Marcus & Millichap
Bought with Sarah Martin • First Team Real Estate
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