23
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$1,785,000
Est. payment /mo
11 Beds
5,967 SqFt
Active Under Contract
2506 E 6th Long Beach, CA 90814
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 5,967 sqft
Price per Sqft $299
MLS Listing ID CRSB25229317
Bedrooms 11
HOA Y/N No
Year Built 1988
Lot Size 6,512 Sqft
Acres 0.15
Property Sub-Type Triplex
Property Description
Absolutely enormous 1988 triplex with three huge homes on one lot in the heart of Rose Park South. Comprised of nearly 6000 rentable square feet, this rare unique property features a 3267 square foot 5 bed, 4 bath front house perfect for an owner-occupant including an attached 2 car direct access garage with laundry, huge primary suite with jacuzzi bathroom, dual vanity, vaulted ceilings, balcony, fireplace and a private back patio. Two separate townhome style rear units each with 3 beds, 2 baths, primary suites, fireplaces, laundry, balconies, and a 2 car garage for each unit. All three units have been renovated in the last few years with new vinyl flooring, cabinets, lighting, bathrooms, paint, and more. Priced to sell at under $300/sq ft in one of the best areas of the city. Move right in or maximize investment square footage. 11.6X GRM on in-place rents with an upside to 11.2X GRM. 5.6% cap rate on actuals and 5.9% cap rate on market rents. Located on a quiet street in Rose Park South, one of the best historic neighborhoods in the city. 2 blocks from Retro Row, the trendiest strip of boutiques and restaurants on 4th st. Only 6 blocks to Alamitos Beach and a short walk to Carrol Park, Bixby Park, the Long Beach Museum of Art, and so much more.
Location
State CA
County Los Angeles
Interior
Heating Forced Air
Cooling Central Air
Flooring Tile, Vinyl
Fireplace No
Laundry Laundry Closet
Exterior
Exterior Feature Other
View Y/N false
View None
Total Parking Spaces 6
Building
Lot Description Other
New Construction No
Others
Tax ID 7263021023
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Listed by Anthony Walker • Buckingham Investments, Inc
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289
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