Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    3117 6th Street, Long Beach, CA 90814
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    3117 6th Street
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    • MLS#: DW24247496 ( Apartment )
    • Street Address: 3117 6th Street
    • Viewed: 1
    • Price: $3,225,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1961
    • Bldg sqft: 0
    • Days On Market: 12
    • Additional Information
    • County: LOS ANGELES
    • City: Long Beach
    • Zipcode: 90814
    • Provided by: eXp Realty of California Inc.
    • Contact: Martin Martin
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      Presenting a prime investment opportunity in the heart of Long Beach's vibrant Eastside neighborhood! This fully renovated 9 unit property, originally built in 1961 and beautifully updated in 2019, offers 6,706 sq ft of living space on a 6,534 sq ft lot. The complex features 2 one bedroom/one bath units and 7 two bedroom/one bath units, all meticulously renovated with modern wood style flooring, quartz countertops, Shaker style cabinetry, stainless steel appliances, and designer fixtures. Located just two blocks from the bustling Fourth Street/Retro Row, this property boasts excellent walkability and access to a diverse array of shops, restaurants, and entertainment. With a current NOI of $152,215 and a strong occupancy rate, this turnkey investment promises strong returns in a highly desirable location.
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    Features
    Building Area Total
    1. 6000.00
    Commoninterest
    1. Community Apartment
    Common Walls
    1. 1 Common Wall
    Country
    1. US
    Electric Expense
    1. 0.00
    Fuel Expense
    1. 7145.00
    Garage Spaces
    1. 5.00
    Insurance Expense
    1. 2963.00
    Laundry Equipment Own Lease
    1. Own
    Laundry Features
    1. Community
    Laundry Income
    1. 780.00
    Lockboxtype
    1. None
    Lot Features
    1. Paved
    Netoperatingincome
    1. 152215.00
    Newtaxesexpense
    1. 41595.00
    Parcel Number
    1. 7258029024
    Pool Features
    1. None
    Professionalmanagementexpense
    1. 13006.00
    Property Type
    1. Apartment
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 428520851:CRM
    Tenant Pays
    1. Cable TV
    Totalactualrent
    1. 20517.00
    Totalexpenses
    1. 106932.00
    Trash Expense
    1. 0.00
    Water Sewer Expense
    1. 0.00
    Water Source
    1. Public
    Year Built
    1. 1961
    Year Built Source
    1. Assessor
    Zoning
    1. LBR2N
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836