3117 E 6Th Street

Long Beach, CA 90814

PRICE INCREASE

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+$25,000 (+0.78%)

$3,225,000

List Price

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1961

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Property 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.

Listing Information

List Price $3,225,000
Status Active
MLS DW24247496
Type Residential Income
Subtype Apartment
Year Built 1961
Lot Size 6,501
Structure Size N/A
DOM 3
Courtesy Of eXp Realty of California Inc.
Listing Agent Martin Marquez DRE#02012061

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Maps

Listing information courtesy of: Martin Marquez, eXp Realty of California Inc. 562-888-0488. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 14th, 2024 at 11:11 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.