2222 E 6th Street Long Beach, CA ^$ 2,900,000

2222 E 6th Street

^$ 2,900,000

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2222 E 6th Street

Long Beach, CA, 90814

^$ 2,900,000

Bedrooms16 Baths6.0 Sq 6,585

Monthly Estimate*

^$ 20,257

Listed by Keller Williams - Santa Monica

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Multi-Family Home for sale in Long Beach, CA

for $2,900,000 with 16 bedrooms and 6 full baths. This 6,585 square foot home was built in 1987 on a lot size of 0.147.

2222 E. 6th Street is a 9-unit apartment asset built in 1987, located in Long Beach, California. The property is offered at 12.28 GRM and 5.35% cap rate on current rents. The property is comprised of (2) 2BD / 2BA + Loft units; (5) 2BD / 2BA units; (1) 1BD / 1BA + Loft unit; and (1) 1BD / 1BA unit. The secure subterranean garage provides 12 parking spaces. All of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. All renovated units offer in- unit washers and dryers. The property is located in walking distance to vibrant Retro Row with attractive shopping, dining and nightlife amenities.

Multi-Family Pending

Price

^$ 2,900,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

MixedUse

Lot Size

0.147

Year Built

1987

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW23221999

Days on Market

128

Features

General

Sewer PublicSewer

Heating ForcedAir

Zoning LBR1N

Garage Spaces 12.0

Pool Features None

Year Built 1987

Stories 1

Levels One

Property SubType MixedUse

Gross Income 229089.0

Community Features Sidewalks

County Los Angeles

Net Operating Income 155054.0

Operating Expense 74034.0

Insurance Expense 5500.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Subdivision Name Alamitos Beach (AB)

Garage Y/N Y

Special Listing Conditions Standard

Status Pending

Directions E 7th Sr

City Long Beach

Entry Location 1

View Y/N N

Senior Community Y/N N

Total Units 9

MLS Area 4 - Downtown Area Alamitos Beach

Lot Size Square Feet 6404.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 6th

Listing Terms Cash CashtoNewLoan Item1031Exchange

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 11770.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 90

Building Area Units SquareFeet

Standard Status Pending

Year Built Source Assessor

Tax Lot 6

Property Sub Type Additional MixedUse

Taxes 36010.0

Cap Rate 5.35

Exterior

Parking Features Underground

Lot Features Item610UnitsAcre

Water Source Public

Total Parking 12.0

Lot Size Area 6404.0

Number of Buildings 1

Spa N

Building Area Total 6585.0

Lot Size Acres 0.147

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 9

Number of Separate Electric Meters 9

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Street Suffix Street

Laundry Features Inside

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 2222

* Excluded Features

List By

Keller Williams - Santa Monica

Broker

(310) 774-3740

Phone

Affordability Calculator

$20,257

Per Month

Monthly Principal & Interest: $20,257
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$2,090,646

Percent of Sale Price 28%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/10/2024	$2,900,000		Listed Price

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2222 E 6th Street, Long Beach, CA, 90814 is a Multi-Family Home for sale at $2,900,000 with 6,585 sqft and a lot size of 0.147. 2222 E 6th Street has 16 bedrooms, 6.0 baths, and was built in 1987. The property's zip code is 90814 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/16/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2222 E 6th Street

Multi-Family Home for sale in Long Beach, CA

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