3117 6th Street, Long Beach, CA 90814
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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
- DMCA Notice
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DescriptionPresenting 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.
Property Location and Similar Properties
Features
Building Area Total
- 6000.00
Commoninterest
- Community Apartment
Common Walls
- 1 Common Wall
Country
- US
Electric Expense
- 0.00
Fuel Expense
- 7145.00
Garage Spaces
- 5.00
Insurance Expense
- 2963.00
Laundry Equipment Own Lease
- Own
Laundry Features
- Community
Laundry Income
- 780.00
Lockboxtype
- None
Lot Features
- Paved
Netoperatingincome
- 152215.00
Newtaxesexpense
- 41595.00
Parcel Number
- 7258029024
Pool Features
- None
Professionalmanagementexpense
- 13006.00
Property Type
- Apartment
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 428520851:CRM
Tenant Pays
- Cable TV
Totalactualrent
- 20517.00
Totalexpenses
- 106932.00
Trash Expense
- 0.00
Water Sewer Expense
- 0.00
Water Source
- Public
Year Built
- 1961
Year Built Source
- Assessor
Zoning
- LBR2N