711 E 6th Street, Long Beach, CA 90802
Local realty services provided by:ERA North Orange County Real Estate
711 E 6th Street,Long Beach, CA 90802
$1,900,000
- - Beds
- 12 Baths
- 4,820 sq. ft.
- Multi-family
- Active
Listed by: taylor avakian, freddie gershinson
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26901557
Source:CRMLS
Price summary
- Price:$1,900,000
- Price per sq. ft.:$394.19
About this home
711 E 6th St | 12-Unit Multifamily, Long Beach. 1953-built asset totaling 5,040 SF on an 8,064 SF lot in an established residential corridor near Long Beach's downtown core. The property features (12) studio units averaging 420 SF with zero parking obligation, a structural advantage in this dense urban submarket. Ten units are currently occupied and every unit is at or below market, with rents averaging $1,507.50/month against market rents of $1,525 and two units positioned at market ready to lease. Offered at $1,900,000 ($158,333/unit | $376.98/SF) with a 7.06% current cap rate, the real story is execution simplicity: a 7.20% pro forma cap as below-market units turn to $1,525, with two market-ready vacancies leasing at zero capex.
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Home facts
- Year built:1923
- Listing ID #:26901557
- Added:50 day(s) ago
- Updated:November 12, 2026 at 01:08 PM
Rooms and interior
- Total bathrooms:12
- Living area:4,820 sq. ft.
Structure and exterior
- Year built:1923
- Building area:4,820 sq. ft.
- Lot area:0.17 Acres
- Levels:1 Story
Finances and disclosures
- Price:$1,900,000
- Price per sq. ft.:$394.19
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