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1060 E 6th St, Long Beach, CA 90802

List Price: $890,000On Market FlagOn market
Mar 18, 20251,548 sqft2 beds4 baths
Listed by: Jake Glaser
License #: 02128816
Phone #: 310-494-6368
Lyon Stahl Investment Real Estate, Inc.
Source:
CRMLS Logo
MLS #: 25513223

Property Description

DELIVERED WITH TWO VACANT UNITS, INCLUDING THE RENOVATED 2-BED / 1-BATH OWNER'S UNIT AND (1) STUDIO + (1) 2-BR / 1-BA...1060 E 6th St, a well-maintained fourplex located in the North Alamitos Beach neighborhood of Long Beach. This charming property features a desirable unit mix of (3) studio apartments and (1) two-bedroom, one-bath unit. Recent upgrades include new vinyl flooring, granite/quartz countertops, updated light fixtures, and a new water heater. Units 3 and 4, consisting of (1) studio and (1) two-bedroom, one-bath unit, are currently vacant, with the two-bedroom unit newly remodeled. The property benefits from no local rent control, allowing for strong rental growth potential. The current owner also collects RUBS (Ratio Utility Billing System) to efficiently offset utility costs. This low-priced four-unit property offers a rare, low barrier to entry for investors looking to break into the Long Beach multifamily market. With strong in-place rents, minimal overhead, and no local rent control restrictions, this property presents an excellent opportunity for both new and seasoned investors to generate steady cash flow and long-term appreciation.The property is ideally situated just a 5-minute drive to the Long Beach Waterfront, providing easy access to beaches, parks, and oceanfront attractions. Residents can enjoy the convenience of nearby shopping, dining, and entertainment options, including Retro Row (4th Street), Pine Avenue, The Pike Outlets, and the East Village Arts District. The property is also in close proximity to major developments and mixed-use projects, further enhancing its long-term investment appeal.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$15,063

TurboHome Estimated Value

$947,100

$612 sqft

High Valuation
$994,455
$642/sqft
Normal Valuation
$947,100
$612/sqft
Low Valuation
$899,745
$581/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$612/sqft$947,100

Neighborhood: Downtown

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Comparative Value

$585K

$704K

$742K

$785K

$890K

$1.30M

1128 Pacific Ave, Long Beach, CA 90813

Sale Price: $585,000

Selected Comparable

317 N Winnipeg Pl D, Long Beach, CA 90814

Sale Price: $704,000

Selected Comparable

150 the Promenade N 508, Long Beach, CA 90802

Sale Price: $742,000

Selected Comparable

223 Elm Ave, Long Beach, CA 90802

Sale Price: $785,000

Selected Comparable

1060 E 6th St, Long Beach, CA 90802

List Price: $890,000

Subject Property

16 12th Pl, Long Beach, CA 90802

Sale Price: $1,300,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1060 E 6th St, Long Beach, CA 90802

1060 E 6th St, Long Beach, CA 90802

List: $890,000

Listed: 3/18/2025

Area:1,548 sqft
Price/sqft:$575
Beds:2
Baths:4
Year Built:
Lot Size:1,711

Comparable Properties

COMPARABLE
Choose comps
223 Elm Ave, Long Beach, CA 90802

223 Elm Ave, Long Beach, CA 90802

Sale: $785,000

4/18/20250.58 mi

Area:1,570 sqft
Price/sqft:$500
Beds:2
Baths:3
Year Built:
Weight:24.7%
317 N Winnipeg Pl D, Long Beach, CA 90814

317 N Winnipeg Pl D, Long Beach, CA 90814

Sale: $704,000

5/22/20251.34 mi

Area:1,206 sqft
Price/sqft:$584
Beds:2
Baths:3
Year Built:
Weight:19.8%
1128 Pacific Ave, Long Beach, CA 90813

1128 Pacific Ave, Long Beach, CA 90813

Sale: $585,000

7/15/20250.98 mi

Area:1,440 sqft
Price/sqft:$406
Beds:3
Baths:3
Year Built:
Weight:19.5%
16 12th Pl, Long Beach, CA 90802

16 12th Pl, Long Beach, CA 90802

Sale: $1,300,000

4/10/20250.76 mi

Area:2,056 sqft
Price/sqft:$632
Beds:2
Baths:3
Year Built:
Weight:18.0%
150 the Promenade N 508, Long Beach, CA 90802

150 the Promenade N 508, Long Beach, CA 90802

Sale: $742,000

10/31/20240.79 mi

Area:1,570 sqft
Price/sqft:$473
Beds:3
Baths:3
Year Built:
Weight:18.0%

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