463 W 6th St

463 W.

6th Street is a well-located, 8-unit apartment asset in the heart of Downtown Long Beach. Priced at a 6.00% cap rate and a 10.49 GRM based on current rents, the property offers strong in-place income with additional upside potential. The well-maintained building features new exterior paint and a refreshed entry awning. The unit mix includes (2) 1-bed/1-bath units and (6) studio units, all of which offer hardwood flooring and upgraded kitchens and bathrooms. Additional highlights include upgraded electrical systems and desirable 1920s architectural detailing. Ideally situated in Downtown Long Beach, the property boasts a Walk Score of 89 Very Walkable with most daily errands easily accomplished on foot. The property also offers convenient access to the 710 Freeway, providing seamless connectivity throughout Long Beach and the greater Los Angeles area.

This home located at 463 W 6th ST is currently active and has been available on pardeeproperties.com for 29 days. This property is listed at $1,630,000. It has 1 beds and 2 bathrooms. The property was built in 1923. 463 W 6th ST is in the Downtown Area, Alamitos Beach community of Los Angeles County.

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