710 E 6th St - Apartments FOR SALE


Long Beach, CA 90802- Downtown Long Beach
$2,180,000 USD
714-713-9086
710 E 6th St, Long Beach, CA for Sale
$2,180,000 USD
Apartments - FOR SALE
1/12
null | 5.43% Cap Rate

710 E 6th St
Long Beach, CA 90802
Downtown Long Beach


HIGHLIGHTS

  • Offers a Mix of Spacious One & Three-Bedroom Floor Plans
  • All Electric Building
  • Private Patios or Balconies (Select Units)
  • On-Site Laundry Facility, an In-Demand Rental Amenity
  • Ample Garage & Surface Parking, Providing an Additional Revenue Stream
  • Situated in the Desirable East Village Arts District

OVERVIEW

The Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present 710 East 6th Street, 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. *Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*

FOR SALE DETAILS

PRICE

$2,180,000 USD

PRICE/SF

$274 USD /SF

# OF UNITS

8

PRICE/UNIT

$272,500

CAP RATE

5.43%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,462 SF

ZONING

LBPD30

APN/PARCEL ID

7281-003-007

ASK ABOUT THIS PROPERTY

Tyler LeesonMarcus & MillichapMore Info
714-713-9086

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Tyler LeesonMarcus & MillichapMore Info
714-713-9086

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.