About 463 W 6th Street
463 W. 6th Street is a well-located, 8-unit apartment asset in the heart of Downtown Long Beach. Priced at a 6.38% cap rate and a 9.99 GRM based on current rents, the property offers strong in-place income with additional upside potential. The well-maintained building features new exterior paint and a refreshed entry awning. The unit mix includes (2) 1-bed/1-bath units and (6) studio units, all of which offer hardwood flooring and upgraded kitchens and bathrooms. Additional highlights include upgraded electrical systems and desirable 1920s architectural detailing. Ideally situated in Downtown Long Beach, the property boasts a Walk Score of 89Very Walkablewith most daily errands easily accomplished on foot. The property also offers convenient access to the 710 Freeway, providing seamless connectivity throughout Long Beach and the greater Los Angeles area.
Features of 463 W 6th Street
MLS® # | PW25164387 |
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Price | $1,560,000 |
Bedrooms | 1 |
Bathrooms | 2.00 |
Acres | 0.06 |
Type | Residential Income |
Sub-Type | Res Income 2-4 Units |
Status | Active |
Community Information
Address | 463 W 6th Street |
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Area | LONG BEACH (90802) |
City | Long Beach |
County | Los Angeles |
State | CA |
Zip Code | 90802 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Pool | N/K |
Interior
Fireplace | Yes |
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Stories | 2 Story |
Exterior
Lot Description | Sidewalks |
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Additional Information
Date Listed | July 21st, 2025 |
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Days on Market | 60 |
Zoning | Assessor |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Keller Williams Realty Downey |
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