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2103 E 6Th St, Long Beach, CA 90814
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2103 E 6Th St Long Beach, CA 90814

$1,700,000 Sold Price as of 03/19/2024
  • 10 Beds
  • 6 Baths
  • 4,400 Sq.Ft.
Sold
$1,700,000 Sold Price as of 03/19/2024 Refinance Your Mortgage
Map preview of 2103 E 6Th St, Long Beach, CA 90814

Property Overview: 2103 E 6Th St Long Beach, CA has 10 bedrooms, 6 bathrooms, 4,400 living square feet and 5,302 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 2103 E. 6th Street is a 5-unit apartment asset built in 1980, located in Long Beach, California. The property is offered at 12.43 GRM and 5.25% cap rate on current rents. The property is comprised of (1) 3BD / 2BA unit; (1) 2BD / 1BA + Loft unit: (2) 2BD / 1BA units; and (1) 1BD / 1BA unit. Gated parking provides four (4) parking spaces. Four (4) of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathrooms, and modern fixtures and features throughout. Renovated units offer in-unit washers and dryers. The property is located in walking distance to vibrant Retro Row with attractive shopping, dining and nightlife amenities.

Listed by Robert Stepp | BRE #01456379 | Keller Williams - Santa Monica
Last checked: 11 minutes ago | Last updated: March 22nd, 2024 | Source CRMLS | DOM: 73

Home details

Lot Sq. Ft
5,302
HOA Dues
$0/mo
Year built
1980
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
PW23206478
City
Long Beach
County
Los Angeles
Time on Site
317 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,495
  • Total Rent: $3,495
  • Pro Forma/Market Rent: $3,695
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,495
  • Total Rent: $2,495
  • Pro Forma/Market Rent: $2,595
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,148
  • Total Rent: $4,296
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,095
  • Total Rent: $2,095
  • Pro Forma/Market Rent: $2,195
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.25%
  • Gross Rent Multiplier: 12.43
  • Gross Scheduled Income: $148,872
  • Net Operating Income: $97,153
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $47,253
  • Electric: $6,018
  • Gas/Fuel: $0
  • Licenses: $900
  • New Taxes: $23,015
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $4,000
  • Maintenance: $2,750
  • Professional Management: $7,220
  • Water/Sewer: $0
  • Other Expenses: $1,250
  • Other Expense Description: Reserves

Property Details for 2103 E 6Th St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 5
  • Parcel Number: 7262026022
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Alamitos Beach (AB)
  • Directions: Cherry Ave & E 7th St
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 2103 E 6Th St

Last sold for $1,700,000 on March 19th, 2024

  • March, 2024

  • Mar 19, 2024

    Date

    Sold

    CRMLS: PW23206478

    $1,700,000

    Price

  • Nov 6, 2023

    Date

    Active

    CRMLS: PW23206478

    $1,850,000

    Price

  • February, 2018

  • Feb 23, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,350,000

    Price

  • July, 2003

  • Jul 31, 2003

    Date

    Sold (Public Records)

    Public Records

    $551,000

    Price

Show More

Tax History for 2103 E 6Th St

Assessed Value (2020): $1,404,540
Year Land Value Improved Value Assessed Value
2020 $884,340 $520,200 $1,404,540

Home Value Compared to the Market

This property vs the competition

2103 E 6Th St sold on March 19, 2024 for 125.89% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $420.45 per/sqft which puts the price per square foot 33.05% lower than the current median sale per square foot for the city of Long Beach.

About 2103 E 6Th St

Detailed summary of property

2103 E 6Th St is a mixed use that recently sold in Long Beach, CA 90814. This mixed use property offered 10 bedrooms, 6 bathrooms, roughly 4,400 living square feet, and sits on an approximately 5,302 square foot lot. 2103 E 6Th St was first listed on ArdentRealEstateGroup.com on November 7, 2023. The homeowner sold the property for $1,700,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 125.89% higher than the current median priced home. Local homes that are currently for sale include 732 S Ferris Ave, 4652 Gratian St and 2630 E 1St St. While the average home in Long Beach, CA is selling in 62 days, 2103 E 6Th St has a days on market of 73 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 2103 E 6Th St Long Beach, CA 90814 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 2103 E 6Th St

Public county record property details
Beds
7
Baths
5
Year built
1980
Sq. Ft.
4,403
Lot Size
5,302
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
4,5
APN
7262-026-022

The source for these homes facts are from public records.

90814 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$625,000
Median List Price/Sq.Ft.
$642
Median Sold Price
$692,500
Median Sold Price/Sq.Ft.
$596
Total Inventory
45
Median Sale to List Price %
106.54%
Avg Days on Market
31
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (21.43%), Other (35.71%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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