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This multifamily apartment building at 2624 E 6th in Long Beach comprises two units and is currently available for purchase at $1,100,000. The asset maintains a 4.4% capitalization rate, providing a stable investment foundation within a coastal Southern California market. Long Beach functions as a significant economic hub for the region, balancing dense residential pockets with robust commercial activity and consistent housing demand driven by its proximity to major employment centers and transit corridors. Investors looking to grow a residential portfolio will find this property well-positioned in a historically established neighborhood. Given the current configuration, the site presents a straightforward management opportunity for an owner-operator or an investor seeking long-term income stability in the 90814 zip code. The local market remains a sought-after area for renters who value access to the Pacific coastline and urban amenities, making this property a functional addition to a balanced real estate portfolio.
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