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Long Beach, CA 90814 2222 E 6th Street

$2,900,000

Pending
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Presented By: Robert Stepp with Keller Williams - Santa Monica; 310-463-2916
  • MLS# PW23221999
  • 01/09/2024
  • Request Tour
  • Request Info
  • BedBeds • 16
  • BathBaths • 6
  • FootageSQFT • 6,585
  • GarageGarage • 12

Home Details

2222 E. 6th Street is a 9-unit apartment asset built in 1987, located in Long Beach, California. The property is offered at 12.28 GRM and 5.35% cap rate on current rents. The property is comprised of (2) 2BD / 2BA + Loft units; (5) 2BD / 2BA units; (1) 1BD / 1BA + Loft unit; and (1) 1BD / 1BA unit. The secure subterranean garage provides 12 parking spaces. All of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. All renovated units offer in- unit washers and dryers. The property is located in walking distance to vibrant Retro Row with attractive shopping, dining and nightlife amenities.
Presented By: Robert Stepp with Keller Williams - Santa Monica; 310-463-2916

Interior Features for 2222 E 6th Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInside
Street SuffixStreet
Total Stories1

Other Rooms

Entry Level1

General for 2222 E 6th Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.35
Carport Y/NNo
CityLong Beach
Community FeaturesSidewalks
CountyLos Angeles
Days on Market90
DirectionsE 7th Sr
Electric Expense11770.0
Entry Location1
Fuel Expense0.0
Garage Spaces12.0
Garage Y/NYes
Gross Income229089.0
HOA / Comm AssnNo
HeatingForcedAir
Home Warranty Y/NNo
Insurance Expense5500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashtoNewLoan, Item1031Exchange
Lot Size Square Feet6404.0
MLS Area4 - Downtown Area, Alamitos Beach
MaintenanceExpense4500.0
MobileHomeRemainsYNNo
Net Operating Income155054.0
New ConstructionNo
Operating Expense74034.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories1
Street Name6th
Subdivision NameAlamitos Beach (AB)
Tax Lot6
Taxes$36,010
Total Units9
Trash Expense0.0
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1987
Year Built SourceAssessor
ZoningLBR1N

Exterior for 2222 E 6th Street

Building Area Total6585.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem610UnitsAcre
Lot Size Acres0.147
Lot Size Area6404.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters9
Number of Separate Gas Meters9
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesUnderground
SpaNo
Total Parking12.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,900,000
MLS#PW23221999
List Date 01/09/2024
Property Type Pending
Phone 714.964.3311
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*According to the National Association of Realtors