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237 W 6th St 4 Unit Apartment Building $1,375,000 ($343,750/Unit) Long Beach, CA 90802
Executive Summary
FOR SALE: 4-UNIT PROPERTY | 237 W. 6th St., Long Beach Turnkey fourplex in the historic Wilmore City District, just outside Downtown Long Beach! This high-income-producing asset includes two brand-new construction units (built in 2023) featuring 2 bedrooms, 1 bathroom, modern interiors, and in-unit washer/dryers. The additional two units include a 1-bedroom, 1-bathroom and a 1-bedroom, 2-bathroom, both also equipped with in-unit laundry. Current Rents: Unit 1: $2,250 Unit 2: $2,050 Unit 3: $2,295 Unit 4: $2,295 Total Monthly Income:$8,890 Property Highlights: Prime Location – Minutes from Downtown Long Beach, freeways, and local attractions New Construction Units – Modern features, durable finishes, and strong tenant appeal Five-Car Garage – Secure parking and additional rental potential Strong Rental Income – Fully leased with market-driven rents Path of Growth – Positioned in an appreciating neighborhood with increasing demand This is an exceptional investment opportunity in a growing Long Beach submarket. Don’t miss out on this rare fourplex—schedule a showing today!
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,375,000 | Building Class | C |
| Price Per Unit | $343,750 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 2,765 SF |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1902/2023 |
| Property Subtype | Apartment | Parking Ratio | 1.81/1,000 SF |
| Apartment Style | Townhome | ||
| Zoning | LBPD10 | ||
| Price | $1,375,000 |
| Price Per Unit | $343,750 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 2,765 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1902/2023 |
| Parking Ratio | 1.81/1,000 SF |
| Zoning | LBPD10 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Porch
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+2 | 1 | $2,250 | - |
| 2+2 | 1 | $2,050 | - |
| 2+1 | 2 | $2,295 | - |
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (74)
Bike Score®
Very Bikeable (89)
Property Taxes
| Parcel Number | 7272-021-012 | Total Assessment | $811,512 (2025) |
| Land Assessment | $520,200 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $291,312 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
7272-021-012
Land Assessment
$520,200 (2025)
Improvements Assessment
$291,312 (2025)
Total Assessment
$811,512 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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237 W 6th St
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