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Key Facts

Type Apartment
Levels Residential Income
Size -
Garage No
Maintenance Fees $5,600
Taxes 
Days Active 1
Approx. Age 1923
MLS® Number PW25164387

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

463 W. 6th Street is a well-located, 8-unit apartment asset in the heart of Downtown Long Beach. Priced at a 6.00% cap rate and a 10.49 GRM based on current rents, the property offers strong in-place income with additional upside potential. The well-maintained building features new exterior paint and a refreshed entry awning. The unit mix includes (2) 1-bed/1-bath units and (6) studio units, all of which offer hardwood flooring and upgraded kitchens and bathrooms. Additional highlights include upgraded electrical systems and desirable 1920s architectural detailing. Ideally situated in Downtown Long Beach, the property boasts a Walk Score of 89—“Very Walkable”—with most daily errands easily accomplished on foot. The property also offers convenient access to the 710 Freeway, providing seamless connectivity throughout Long Beach and the greater Los Angeles area.Show Description
MLS® NumberPW25164387
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelNone
Exposure
Exterior
GarageNo
Approx. Age1923
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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