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938 E 6th St
Long Beach, CA 90802
Multifamily Property For Sale · 10 Units

Property Facts

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 7,897 SF
No. Stories 2
Year Built 1987
Parking Ratio 1.27/1,000 SF
Zoning LBR3S - Low-Density Multi-Family Residential

Amenities

Unit Amenities

  • Balcony

Site Amenities

  • Laundry Facilities
  • Security System

About 938 E 6TH ST , LONG BEACH, CA 90802

Marcus & Millichap is pleased to present 938 East 6th Street, a well-maintained 10-unit apartment building in Long Beach, California. The property is located near Alamitos Avenue between 4th and 7th Streets, conveniently near the numerous dining, shopping and retail opportunities available in rapidly redeveloping downtown Long Beach and the citys popular Retro Row. Additionally, the property is across from the Museum of Latin American Art and less than a five minute walk from both Franklin Classical Middle School and St. Anthony School. The offering is a highly desirable 1987 construction that features 10 large one-bedroom/one-bath units that average 798 square feet. The units are separately metered for gas and electricity and have private balconies. The property is securely gated and also features ample covered parking and shared laundry. 938 East 6th Street presents an excellent opportunity for an investor to acquire a sought-after 80s construction in a rapidly redeveloping, dense rental market with low vacancy rates. Furthermore, an astute investor could add value and capture additional potential upside.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 10 - 789

Property Taxes

Property Taxes

Parcel Number
7266-007-012
Land Assessment
$1,871,726
Improvements Assessment
$802,167
Total Assessment
$2,673,893
  • Listing ID: 11267491

  • Date on Market: 1/16/2018

  • Last Updated:

  • Address: 938 E 6th St, Long Beach, CA 90802

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