6 7th

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6 7th

Long Beach, CA 90802
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).

  • Multifamily apartment building available for sale in Long Beach
  • Single unit residential asset located in the 90802 zip code
  • Situated within a major California coastal and port city
  • Positioned in a dense market with consistent housing demand
  • Suitable for private investors or expanding residential portfolios

What's Special

This single-unit apartment building located at 6 7th in Long Beach provides a distinct asset for investors seeking residential holdings in this coastal California market. The property sits within the 90802 zip code, an area characterized by its proximity to the Pacific Ocean and steady demand for urban rental housing. Long Beach remains a significant economic hub in Southern California, benefiting from its major international port and a diverse employment base that supports long-term residential stability. Investors may consider this multifamily asset for its potential as a straightforward rental unit or a component of a broader residential portfolio. Given the ongoing appeal of the metropolitan region, this building offers functional utility for those looking to establish a presence in a dense, well-connected suburban environment. Its scale allows for manageable operations, making it an efficient entry point or addition for property owners focused on local market engagement.

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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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