711 E 6th St, Long Beach, CA 90802
711 E 6th St, Long Beach, CA 90802
711 E 6th St, Long Beach, CA 90802
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Ever Banuelos

Ever Banuelos

+1(323) 833-9824
$1,900,000
Est. payment /mo
12 Baths
4,820 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,820 sqft

Price per Sqft $394

MLS Listing ID 26901557

Year Built 1923

Lot Size 7,554 Sqft

Acres 0.1734

Property Sub-Type Multi-Family

Property Description

711 E 6th St | 12-Unit Multifamily, Long Beach. 1953-built asset totaling 5,040 SF on an 8,064 SF lot in an established residential corridor near Long Beach's downtown core. The property features (12) studio units averaging 420 SF with zero parking obligation, a structural advantage in this dense urban submarket. Ten units are currently occupied and every unit is at or below market, with rents averaging $1,507.50/month against market rents of $1,525 and two units positioned at market ready to lease. Offered at $1,900,000 ($158,333/unit | $376.98/SF) with a 7.06% current cap rate, the real story is execution simplicity: a 7.20% pro forma cap as below-market units turn to $1,525, with two market-ready vacancies leasing at zero capex.

Location

State CA

County Los Angeles

Area Downtown Area, Alamitos Beach

Zoning LBPD30

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Exterior

Parking Features None

Building

Level or Stories One

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.

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Ever Banuelos
Ever Banuelos

Team Leader License ID: 01945384

+1(323) 833-9824 | ever.banuelos@gmail.com

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