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Active Under Contract

Buy a multi-family propertyat 2415 E 6th Street, Long Beach, CA 90814

$2,900,000

$0/mo

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Multifamily

7,014 Sq. Ft. lot

0 Bathrooms

280 Days on market

SB23135186 MLS ID

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About 2415 E 6th Street multi-family property

Great investment opportunity located in the City of Long Beach! This property consists of 9 Units total with a mix of 7 units (1BD/1BR), 1 Unit (2BD/1.5BR), and 1 Unit (3BD/2BR). This property is located minutes away from downtown Long beach, near many restaurants and markets for convenience as well as a only a couple minutes away from the beach front. Don't miss out!
Great investment opportunity located in the City of Long Beach! This property consists of 9 Units total with a mix of 7 units (1BD/1BR), 1 Unit (2BD/1.5BR), and 1 Unit (3BD/2BR). This property is located minutes away from downtown Long beach, near many restaurants and markets for convenience as well as a only a couple minutes away from the beach front. Don't miss out!

Property details

Building

2 total stories

Built in 1974

Stories: 2

5699 total building sqft

No Common Walls

Two

Community

Sidewalks

Expenses

Electric Expense: $1,233

Insurance Expense: $3,415

Maintenance Expense: $5,000

Operating Expense: $60,371

Other Expense: $1,000

Pest Control Expense: $660

Water Sewer Expense: $1,908

Garage

4 garage spaces

Income

Gross Income: 194868

Gross Scheduled Income: 194868

Net Operating Income: 128651

Laundry

Common Area

Listing

Listing ID: SB23135186

Property Subtype: Apartment

12 days on market

Listed on 2023-07-21

Location

County: Los Angeles

Subdivision: N/A

Lot

7014 sqft

0.161 acres

Area: 7014

0-1 Unit/Acre

Parking

4 total parking spaces

Assigned

Possession

Close Of Escrow

Property

Single building

9 units

Sewer

Public Sewer

Taxes

New Taxes: $35,082

Tenant Pays

Electricity

Utilities

10 separate electric meters

0 separate gas meters

Monthly cost

Estimated monthly cost

$18,480/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$2,726,000

+$87,000

$2,813,000

Seller agent commission$87,000 (3%)*

$0 (0%)

Buyer agent commission$87,000 (3%)*

$87,000 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $87,000 more selling your home
with an Unreal Estate agent

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State

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Unreal Estate checked: Aug 8, 2023 at 4:34 p.m.

Data updated: Aug 2, 2023 at 8:05 p.m.

Property listed by ADW Management USA, Inc., Frederick Okuda
Based on information from California Regional Multiple Listing Service, Inc. as of 08/02/2023 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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