$2,700,000
$2,900,000
6.9%For more information regarding the value of a property, please contact us for a free consultation.
6,585 SqFt
SOLD DATE : 05/30/2024
Key Details
Sold Price $2,700,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 6,585 sqft
Price per Sqft $410
Subdivision Alamitos Beach (Ab)
MLS Listing ID PW23221999
Sold Date 05/30/24
HOA Y/N No
Year Built 1987
Lot Size 6,403 Sqft
Acres 0.147
Property Description
2222 E. 6th Street is a 9-unit apartment asset built in 1987, located in Long Beach, California. The property is offered at 12.28 GRM and 5.35% cap rate on current rents. The property is comprised of (2) 2BD / 2BA + Loft units; (5) 2BD / 2BA units; (1) 1BD / 1BA + Loft unit; and (1) 1BD / 1BA unit. The secure subterranean garage provides 12 parking spaces. All of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. All renovated units offer in- unit washers and dryers. The property is located in walking distance to vibrant Retro Row with attractive shopping, dining and nightlife amenities.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR1N
Rooms
Ensuite Laundry Inside
Interior
Laundry Location Inside
Heating Forced Air
Fireplace No
Laundry Inside
Exterior
Garage Underground
Garage Spaces 12.0
Garage Description 12.0
Pool None
Community Features Sidewalks
Parking Type Underground
Total Parking Spaces 12
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7262028006
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Jonathan Swire • The Agency
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner