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1056 E 6th St, Long Beach, CA 90802

  • $2,380,000

  • bed

  • bath

Multi-family for sale 64 days
Movoto is helping 68 homebuyers near you

About 1056 E 6th St

Property type Multi-family
Neighborhood
Year built 1955
HOA fee $0/month
Lot size 6,458 Sqft
Movoto estimate
Parking 4 garage spaces
Rental estimate
Property description
Discover an exceptional investment opportunity in the heart of Long Beach's vibrant East Village/Alamitos Beach corridor. Situated just minutes from the beach, Downtown Long Beach, major transit lines, and local dining and retail, 1056 E. 6th St. offers the perfect blend of convenience and desirability for tenants. The property consists of eight (8) well-maintained 1-bedroom/1-bath units and one (1) 2-bedroom/1-bath unit. This practical and efficient layout appeals to the strong local demand for smaller rental units, supporting consistent occupancy and dependable renter interest. Includes four secure, private garages, offering valuable on-site parking-an attractive amenity in this neighborhood. The garages also provide an opportunity for additional rental income or enhanced tenant convenience. 1056 E. 6th St. is a proven income-producing asset located in one of Long Beach's most desirable rental submarkets. Ideal for investors seeking stability, long-term performance, and a well-located multifamily property with enduring renter appeal.
Listed by
Listing Agent - Christopher Eto
Listing Agent Contact: Chris.eto66@gmail.com
Listing Office - Ocean Palisades Realty, Inc.
Source: CRMLS mls logo
MLS#SB26083768 • last updated 2 months ago
Movoto checked CRMLS for data 3 minutes ago
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Overview
Type Residential Income
SubType Apartment
Status Active
Lot Size (Acres) 0.1483
Lot Size (SqFt) 6458
Year Built 1955
Interior
Exterior
Building Area Square Feet, 5570
# Parking Spaces 4
# Garage Spaces 4
Lot Description 6-10 Units/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Curbs
Subdivision Alamitos Beach (AB), Alamitos Beach (AB)
Directions Between Alamitos Ave And Cerritos Ave
APN 7266007005
Multifamily Details
Vacancy Allowance Rate 3
Vacancy Allowance 5919
Expense: Trash 999.55
Laundry Income 340
Operating Expense 58749
Cap Rate 5.57
Expense: Insurance 7003
Total Expenses 58749
Expense: Water/ Sewer 2560.6
Gross Income 190819
Gross Operating Income 197298
Expense: Electric 732.38
Gross Multiplier 12.06
Gross Scheduled Income 190819
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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • CA
  • Los Angeles County
  • Long Beach
  • 90802
  • Franklin
  • 1056 E 6th St

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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