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2200 E 6Th St, Long Beach, CA 90814
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2200 E 6Th St Long Beach, CA 90814

$2,375,000 Sold Price as of 03/19/2024
  • 18 Beds
  • 11 Baths
  • 1,754 Sq.Ft.
Sold
$2,375,000 Sold Price as of 03/19/2024 Refinance Your Mortgage
Map preview of 2200 E 6Th St, Long Beach, CA 90814

Property Overview: 2200 E 6Th St Long Beach, CA has 18 bedrooms, 11 bathrooms, 1,754 living square feet and 6,333 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 2200 E. 6th Street is an 8-unit apartment asset located in Long Beach, California. The property is offered at 11.95 GRM and 5.55% cap rate on current rents. The property is comprised of (6) 2BD / 1BA units; (1) 3BD / 2BA unit: and (1) 3BD / 3BA + Office unit. Four (4) garages offer the potential for ADU conversion. All 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. With an excellent Walk Score of 95, 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: 1 minute ago | Last updated: March 25th, 2024 | Source CRMLS | DOM: 68

Home details

Lot Sq. Ft
6,333
HOA Dues
$0/mo
Year built
1964
Garage
4 Car
Property Type:
Mixed Use
Status
Sold
MLS#
PW24005997
City
Long Beach
County
Los Angeles
Time on Site
252 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,995
  • Total Rent: $2,995
  • Pro Forma/Market Rent: $3,050
Unit Breakdown 3
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,115
  • Total Rent: $12,690
  • Pro Forma/Market Rent: $2,195
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.55%
  • Gross Rent Multiplier: 11.95
  • Gross Scheduled Income: $221,820
  • Net Operating Income: $147,190
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $67,975
  • Electric: $1,521
  • Gas/Fuel: $1,521
  • Licenses: $900
  • New Taxes: $33,035
  • Trash: $1,521
  • Gardener: $1,200
  • Insurance: $7,100
  • Maintenance: $5,600
  • Professional Management: $10,758
  • Water/Sewer: $1,521
  • Other Expenses: $2,400
  • Other Expense Description: Reserves

Property Details for 2200 E 6Th St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 7262028002
  • 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: E 7th St
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 2200 E 6Th St

Last sold for $2,375,000 on March 19th, 2024

  • March, 2024

  • Mar 19, 2024

    Date

    Sold

    CRMLS: PW24005997

    $2,375,000

    Price

  • Jan 10, 2024

    Date

    Active

    CRMLS: PW24005997

    $2,650,000

    Price

  • September, 2017

  • Sep 20, 2017

    Date

    Sold (Public Records)

    Public Records

    $2,000,000

    Price

  • May, 2001

  • May 30, 2001

    Date

    Sold (Public Records)

    Public Records

    $475,000

    Price

Show More

Tax History for 2200 E 6Th St

Assessed Value (2020): $2,081,640
Year Land Value Improved Value Assessed Value
2020 $936,360 $1,145,280 $2,081,640

Home Value Compared to the Market

This property vs the competition

2200 E 6Th St sold on March 19, 2024 for 223.57% 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 $1510.83 per/sqft which puts the price per square foot 140.58% higher than the current median sale per square foot for the city of Long Beach.

About 2200 E 6Th St

Detailed summary of property

2200 E 6Th St is a mixed use that recently sold in Long Beach, CA 90814. This mixed use property offered 18 bedrooms, 11 bathrooms, roughly 1,754 living square feet, and sits on an approximately 6,333 square foot lot. 2200 E 6Th St was first listed on ArdentRealEstateGroup.com on January 11, 2024. The homeowner sold the property for $2,375,000. 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 223.57% higher than the current median priced home. Local homes that are currently for sale include 4315 W Pico Blvd, 2625 Chariton St and 5008 Rosewood Ave. While the average home in Long Beach, CA is selling in 62 days, 2200 E 6Th St has a days on market of 68 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 2200 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 2200 E 6Th St

Public county record property details
Beds
17
Baths
9
Year built
1964
Sq. Ft.
7,302
Lot Size
6,333
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
7262-028-002

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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