Millman Team Real Estate

$890,000
2 Bed
4 Bath
1,548 Sqft
0.04 Acre Lot

1060 E 6th Street, Long Beach, California 90802

  • Residential Income Property Type
  • 1,548 Sqft Square Footage
  • None Cars Garage
  • 1904 Year Built
Property Description

DELIVERED WITH TWO VACANT UNITS, INCLUDING THE RENOVATED 2-BED / 1-BATH OWNER’S UNIT AND (1) STUDIO + (1) 2-BR / 1-BA…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. Units 3 and 4, consisting of (1) studio and (1) two-bedroom, one-bath unit, are currently vacant, with the two-bedroom unit newly remodeled. 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.

Basic Details
Residential Income
For Sale
25513223
$890,000
2
4
1,548 Sqft
1904
0.04 Acre
Active
Features
: Wall Furnace
: None
: None
$0
Address Map
CA
Los Angeles
Long Beach
90802
6th
1060
Street
W119° 49' 17.6''
N33° 46' 26''
Property located between Alamitos Ave and Cerritos Ave on 6th Street in the North Alamitos Beach neighborhood
4 - Downtown Area, Alamitos Beach
E
LBR3S
Additional Information
$0
$0
$0
$0
$0
1548
: Multi/Split
4
2025-03-18
905000
2
Broker/Agent Information
Lyon Stahl Investment Real Estate, Inc.
Jake Glaser
Listing Information
Spencer Chan
CLW-C143567
CLW-X82195
Lyon Stahl Investment Real Estate, Inc.
CLW-C141551
CLW-X82195
Active
2025-09-22T21:09:47Z
CRMLS
: Standard
2025-03-18T00:00:00Z
Agent info
Ray Millman
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