Keegan Cin | Realtor® | License # DRE 01971604

Property

Long Beach, CA 90802 1060 E 6th Street

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Presented By: Jake Glaser with Lyon Stahl Investment Real Estate, Inc.;
  • MLS# 25513223
  • 03/19/2025
  • Request Tour
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  • Beds • 2
  • Baths • 4
  • SQFT • 1,548
  • Year Built • 1904

Home Details

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 countertops, updated light fixtures, and new water heaters. 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.
Presented By: Jake Glaser with Lyon Stahl Investment Real Estate, Inc.;

Interior Features for 1060 E 6th Street

Bedrooms

Total Bedrooms2

Bathrooms

Half Baths0
Total Baths4
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2

General for 1060 E 6th Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.0
Carport Y/NNo
CityLong Beach
CoolingNone
CountyLos Angeles
DirectionsProperty located between Alamitos Ave and Cerritos Ave on 6th Street in the North Alamitos Beach neighborhood
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income73200.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet1711.0
Lot Size UnitsSquareFeet
MLS Area4 - Downtown Area, Alamitos Beach
MobileHomeRemainsYNNo
Net Operating Income47524.0
New ConstructionNo
Number Of Units Total4
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Waterfront Y/NNo
Year Built1904
ZoningLBR3S

Exterior for 1060 E 6th Street

Building Area Total1548.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.0393
Lot Size Area1711.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesNone
Private PoolNo
SpaNo
Total Parking0.0

Additional Details

Price History

Keegan Cin

Team Lead
Price $950,000
MLS#25513223
List Date 03/19/2025
Property Type Multi-Family
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