2624 E 6th

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

2624 E 6th

Long Beach, CA 90814
Asking Price
$1.10M
Cap Rate
4.4%
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily residential building located at 2624 E 6th in Long Beach.
  • Investment property featuring two individual residential rental units.
  • Offered for sale at a price point of $1,100,000.
  • Current capitalization rate for the asset is documented at 4.4%.
  • Situated in the 90814 zip code of the greater Los Angeles area.

What's Special

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.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
7.27%
DSCR
1.22
Tight
Cash-on-Cash
4.45%
Monthly Payment
$5,442.2
Annual Cash Flow
$14,693.602

Location & Travel Times