Address
463 W 6th, Long Beach, CA
Price
$ 1,499,000
Property Attributes
- MLS#PW26080272
- TypeSingle Family
- Listing Status Active
- CountyLos Angeles
- CityLong Beach
- Area Downtown Area, Alamitos Beach
- NeighborhoodDowntown (DT)
- Zip90802
- Style
- Year Built1923
- Price$ 1,499,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage4001
- Lot Size0.0582 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description
8-unit apartment building located in Downtown Long Beach. The property features a unit mix of (6) studios and (2) 1-bed/1-bath units, all with upgraded interiors. The building has been well maintained and has upgraded electrical panels. There is also a well sized basement with potential to be converted into a common area laundry room. Located on a corner lot with good visibility and access to local amenities, employment centers, and the 710 Freeway. Downtown Long Beach continues to see new development, supporting rental demand. Opportunity for stable cash flow with additional upside through rental increases.
| Price History | |
|---|---|
| 4/15/2026 | Listed $1,599,000 |
| 5/1/2026 | 1$1,589,000 |
| 5/15/2026 | 2$1,560,000 |
| 6/9/2026 | 4$1,499,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | FloorFurnace,WallFurnace |
| Cooling | None |
| Pool Features | None |
| Year Built | 1923 |
| Tenant Pays | Electricity,Gas |
| View | None |
| Stories Count | 2 |
| Levels | Two |
| Property Subtype | Apartment |
| Community Features | Urban |
| County | Los Angeles |
| Net Operating Income | 99710 |
| Operating Expense | 48034 |
| Insurance Expense | 8000 |
| New Construction | false |
| Property Type | ResidentialIncome |
| HOA | false |
| Contingency | None |
| Subdivision Name | Downtown (DT) |
| Garage Y/N | false |
| Special Listing Conditions | Standard |
| Status | Active |
| Directions | Magnolia and 6th |
| City | Long Beach |
| Entry Location | Front |
| Senior Community Y/N | false |
| Number Of Units Total | 8 |
| MLS Area | 4 - Downtown Area, Alamitos Beach |
| Lot Size Units | SquareFeet |
| Lot Size Square Feet | 2534 |
| Listing Terms | Cash,CashToNewLoan |
| Spa Features | None |
| Property Attached Y/N | true |
| Land Lease Y/N | false |
| Fuel Expense | 1320 |
| Trash Expense | 250 |
| Water Sewer Expense | 1380 |
| Additional Parcels Y/N | false |
| Rent Control Y/N | true |
| Building Area Units | SquareFeet |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 18 |
| Property Sub Type Additional | Apartment |
| Taxes | 18738 |
| Cap Rate | 6.7 |
| PostalCity | LONG BEACH |
Interior Features
| Flooring | Tile,Wood |
|---|---|
| Fireplace Features | None |
| Total Stories | 2 |
| Common Walls | TwoCommonWallsOrMore |
| Air Conditioning Y/N | false |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Laundry Features | None |
| Entry Level | 1 |
Exterior Features
| Fencing | Security |
|---|---|
| Parking Features | None |
| Lot Features | SixToTenUnitsAcre |
| Water Source | Public |
| Lot Size Area | 2534 |
| Foundation Details | ConcretePerimeter |
| Number of Buildings | 1 |
| Spa | false |
| Building Area Total | 4001 |
| Lot Size Acres | 0.0582 |
| Private Pool | false |
| Lot Size Source | Assessor |
| Number of Separate Water Meters | 1 |
| Number of Separate Gas Meters | 9 |
| Number of Separate Electric Meters | 9 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 90802
Price
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of September 16, 2026 7:10 AM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
