2421 E 6th

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2421 E 6th

Long Beach, CA 90814
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The asset is located in the Long Beach market.
  • This apartment building contains a total of four units.
  • The property is situated within the 90814 ZIP code.
  • This multifamily building is available for purchase now.
  • Long Beach provides strong connectivity to major regional employment hubs.

What's Special

Long Beach serves as a major economic hub within the Southern California landscape, characterized by its robust coastal economy and dense residential infrastructure. This multifamily apartment building is situated at 2421 E 6th, providing accessibility to regional transit corridors and the diverse amenities of the surrounding urban core. The property consists of 4 units, offering a manageable scale for investors targeting the local rental market. Given the ongoing demand for housing in this coastal region, this asset represents a stable addition to a residential investment portfolio. Its configuration and location within the 90814 ZIP code support consistent occupancy potential, suitable for those looking to maintain a foothold in the Long Beach residential sector. Future owners can leverage the established tenant base and the area's ongoing appeal to professionals and commuters alike.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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