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Multifamily

710 East 6th Street

710 East 6th Street, Long Beach, CA 90802

Listing Price: $2,180,000

Cap Rate
5.43%
Number of Units
8
GRM
12.04
Price/Unit
$272,500
Price/Gross SF
$274.49
Gross SF
7,942

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present 710 East 6th Street, an 8-unit multifamily investment opportunity located in the East Village Arts District neighborhood in Long Beach, CA.

710 East 6th Street offers a mix of one and three-bedroom floor plans, featuring vinyl and tile flooring, quartz countertops, stainless steel appliances, bathroom vanities, and more. Additionally, the property features ample garage and surface parking, private patios or balconies (select units), an on-site laundry facility, and operates solely using electricity.

Situated in a fantastic Downtown Long Beach location within the East Village Arts District, 710 East 6th Street is surrounded by an abundance of retail, dining, and entertainment options, as well as employers. Additionally, residents enjoy the properties close proximity to an abundance of everyday needs at El Super Markets and Vons. Furthermore, 710 East 6th Street benefits from its location, providing easy access to a wide variety of local amenities including, The Pike Outlets, Long Beach Convention & Entertainment Center, Alamitos Beach, Retro Row, and more.

In summary, 710 East 6th Street’s fantastic location offers residents a wide variety of activities, employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With substantial upside and strong rental metrics, 710 East 6th Street represents an attractive opportunity for a new owner to achieve significant growth.

Investment Highlights

  • Offers a Mix of Spacious One & Three-Bedroom Floor Plans
  • All Electric Building
  • Private Patios or Balconies (Select Units)
  • On-Site Laundry Facility, an In-Demand Rental Amenity
  • Ample Garage & Surface Parking, Providing an Additional Revenue Stream
  • Situated in the Desirable East Village Arts District

Exclusively Listed By

Financing By

Multifamily

710 East 6th Street

Listing Price: $2,180,000

Cap Rate
5.43%
Number of Units
8
GRM
12.04
Price/Unit
$272,500
Price/Gross SF
$274.49
Gross SF
7,942

Investment Highlights

  • Offers a Mix of Spacious One & Three-Bedroom Floor Plans
  • All Electric Building
  • Private Patios or Balconies (Select Units)
  • On-Site Laundry Facility, an In-Demand Rental Amenity
  • Ample Garage & Surface Parking, Providing an Additional Revenue Stream
  • Situated in the Desirable East Village Arts District

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present 710 East 6th Street, an 8-unit multifamily investment opportunity located in the East Village Arts District neighborhood in Long Beach, CA. 710 East 6th Street offers a mix of one and three-bedroom floor plans, featuring vinyl and tile flooring, quartz countertops, stainless steel appliances, bathroom vanities, and more. Additionally, the property features ample garage and surface parking, private patios or balconies (select units), an on-site laundry facility, and operates solely using electricity. Situated in a fantastic Downtown Long Beach location within the East Village Arts District, 710 East 6th Street is surrounded by an abundance of retail, dining, and entertainment options, as well as employers. Additionally, residents enjoy the properties close proximity to an abundance of everyday needs at El Super Markets and Vons. Furthermore, 710 East 6th Street benefits from its location, providing easy access to a wide variety of local amenities including, The Pike Outlets, Long Beach Convention & Entertainment Center, Alamitos Beach, Retro Row, and more. In summary, 710 East 6th Street’s fantastic location offers residents a wide variety of activities, employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With substantial upside and strong rental metrics, 710 East 6th Street represents an attractive opportunity for a new owner to achieve significant growth.

Exclusively Listed By

Financing By

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