711 E 6th Street
Long Beach, CA 90802
0
Bed
12
Bath
4,820Sqft
7,554Sqft(Lot)
711 E 6th St | 12-Unit Multifamily, Long Beach. 1953-built asset totaling 5,040 SF on an 8,064 SF lot in an established residential corridor near Long Beach's downtown core. The property features (12) studio units averaging 420 SF with zero parking obligationa structural advantage in this dense urban submarket. Ten units are currently occupied and every unit is at or below market, with in-place rents averaging $1,507.50/month against market rents of $1,525 and two units positioned at market ready to lease. Offered at $2,000,000 ($166,667/unit | $396.83/SF) with a 6.64% in-place cap rate, the real story is execution simplicitya 6.77% pro forma cap and immediate distribution capacity as two market-ready units lease with zero capex required.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Heating & Cooling
Heating: None Cooling: None
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Building Information
Year Built: 1923Building Area Total: 4820Stories: 1Private Pool: No
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Lot Information
Lot Dimensions: 50x150 Main Square Feet: 7554 Lot Size Acres: 0.1734 Lot Size Square Feet: 7,554
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Listing Price Information
Listing Price: $2000000
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Tax Information
Parcel Number: 7274019016
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Virtual Tour
Parking Information
None
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Location Information
Direction: Near the corner of E 6th St and Lime Ave
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1820 E 2nd, Long Beach, CA, 90802 | $5,095,000 | 12 | 12 | -- | 8,273 Sq. Ft |
| 1427 E 4th, Long Beach, CA, 90802 | $1,999,000 | 2 | 6 | -- | 2,951 Sq. Ft |
| 530 Almond Avenue, Long Beach, CA, 90802 | $1,199,900 | 4 | 3 | 1,962 | 7,332 Sq. Ft |
| 421 Almond Avenue, Long Beach, CA, 90802 | $825,000 | 2 | 1 | 744 | 3,500 Sq. Ft |
| 216 Esperanza, Long Beach, CA, 90802 | $1,394,900 | 4 | 4 | -- | 3,296 Sq. Ft |
| 1310 E Ocean #405, Long Beach, CA, 90802 | $799,000 | 1 | 1 | 990 | 428,970.98 Sq. Ft |
| 1152 E 1st Street, Long Beach, CA, 90802 | $6,700,000 | 8 | 30 | 19,800 | 8,234 Sq. Ft |
| 1057 E Appleton #10, Long Beach, CA, 90802 | $459,000 | 2 | 1 | 782 | 8,175 Sq. Ft |
| 939 E 4th, Long Beach, CA, 90802 | $1,525,000 | 2 | 6 | -- | 4,000 Sq. Ft |
| 947 E Broadway #2, Long Beach, CA, 90802 | $290,000 | 1 | 1 | 582 | 7,203 Sq. Ft |
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ByOwner last updated this listing 10/06/2026 @ 14:24
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