Stacey Alysson Melman

1060 E 6th ST Long Beach CA 90802 MLS #25513223

1060 E 6th ST
Long Beach, CA, 90802
$890,000
2 Beds
4 Baths
1,548 SqFt
0.04 Acres
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MLS #25513223 image #0
1060 E 6th St, a well-maintained fourplex located in the North Alamitos Beach neighborhood of Long Beach. This charming property features a desirable unit mix of (3) studio apartments and (1) two-bedroom, one-bath unit. Recent upgrades include new vinyl flooring, granite/quartz countertops, updated light fixtures, and a new water heater. The property benefits from no local rent control, allowing for strong rental growth potential. The current owner also collects RUBS (Ratio Utility Billing System) to efficiently offset utility costs.This low-priced four-unit property offers a rare, low barrier to entry for investors looking to break into the Long Beach multifamily market. With strong in-place rents, minimal overhead, and no local rent control restrictions, this property presents an excellent opportunity for both new and seasoned investors to generate steady cash flow and long-term appreciation.The property is ideally situated just a 5-minute drive to the Long Beach Waterfront, providing easy access to beaches, parks, and oceanfront attractions. Residents can enjoy the convenience of nearby shopping, dining, and entertainment options, including Retro Row (4th Street), Pine Avenue, The Pike Outlets, and the East Village Arts District. The property is also in close proximity to major developments and mixed-use projects, further enhancing its long-term investment appeal.
AGENT: Jake Glaser
LISTING BROKERAGE: Lyon Stahl Investment Real Estate, Inc.
1060 E 6th ST
Long Beach, CA

Property Details

Price:
$890,000
MLS #:
25513223
Status:
Active
Beds:
2
Baths:
4
Type:
Single Family
Neighborhood:
4downtownareaalamitosbeach
Listed Date:
Mar 19, 2025
Finished Sq Ft:
1,548
Total Sq Ft:
1,548
Lot Size:
1,711 sqft / 0.04 acres (approx)
Year Built:
1904
4 – Downtown Area, Alamitos Beach4downtownareaalamitosbeach
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Schools

Interior

Cooling
NO
Heating
WL
Levels
S

Exterior

Financial

Gross Operating Income
$65,242
Net Operating Income
$45,347

Map

Community

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