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3117 E 6th St, Long Beach, CA 90814
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3117 E 6th St Long Beach, CA 90814

$3,150,000 Sold Price as of 10/23/2019
  • 16 Beds
  • 9 Baths
  • 6,706 Sq.Ft.
Sold
$3,150,000 Sold Price as of 10/23/2019 Refinance Your Mortgage
Map preview of 3117 E 6th St, Long Beach, CA 90814

Property Overview: 3117 E 6th St Long Beach, CA has 16 bedrooms, 9 bathrooms, 6,706 living square feet and 6,501 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 3117 E. 6th Street is a 9-unit investment opportunity in popular Eastside Long Beach, just two blocks from Fourth Street/ Retro Row. The property offers a desirable mix of (2) one-bedroom/one-bath units and (7) two- bedroom/one-bath units. All units have been completely renovated with new wood- style flooring, quartz countertops, Shaker- style cabinetry, stainless steel appliances and designer fixtures and hardware throughout. The building also features community BBQ and dining facilities. The Eastside location gives tenants walkability to Fourth Street/Retro Row shops, eateries, and boutiques. This property provides an excellent opportunity for a buyer to own a completely turnkey asset in a highly sought-after submarket. The area surrounding Rose Circle Park, known for its enclave of desirable 1910-1922 Craftsman Bungalows, has developed into a bustling, walkable neighborhood offering many dining, nightlife and retail amenities. Eclectic and hip Fourth Street Retro Row is a popular destination for its selection of vintage and contemporary clothing, furniture, homegoods, art antiques and skateboards as well as locally-owned restaurants, coffee shops and wine bars.

Listed by Robert Stepp | BRE #01456379 | Keller Williams Pacific Estate
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 57

Home details

Lot Sq. Ft
6,501
HOA Dues
$0/mo
Year built
1961
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW19179969
City
Long Beach
County
Los Angeles
Time on Site
1521 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
  • # of Electric Meters: 9
  • # of Gas Meters: 9
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 7
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,054
  • Total Rent: $14,378
  • Pro Forma/Market Rent: $2,054
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,695
  • Total Rent: $3,390
  • Pro Forma/Market Rent: $1,695
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $213,180
  • Net Operating Income: $140,989
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $71,132
  • Electric: $1,322
  • Gas/Fuel: $1,322
  • Licenses: $500
  • New Taxes: $42,020
  • Trash: $1,322
  • Gardener: $1,180
  • Insurance: $5,785
  • Maintenance: $3,375
  • Professional Management: $9,545
  • Water/Sewer: $1,322
  • Other Expenses: $1,575
  • Other Expense Description: Reserves

Property Details for 3117 E 6th St

Interior Features
Laundry Information
  • No Laundry
  • None
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
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 9
  • Parcel Number: 7258029024
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Eastside (ES)
  • Directions: E 7th St & Obispo Ave
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Urban
View more facts & features

Local Long Beach Agent

Sale History for 3117 E 6th St

Last sold on May 14th, 2020

  • May, 2020

  • May 14, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2019

  • Oct 24, 2019

    Date

    Sold

    CRMLS: PW19179969

    $3,150,000

    Price

  • Sep 25, 2019

    Date

    Pending

    CRMLS: PW19179969

    $3,200,000

    Price

  • Jul 29, 2019

    Date

    Active

    CRMLS: PW19179969

    $3,200,000

    Price

  • October, 2019

  • Oct 23, 2019

    Date

    Sold (Public Records)

    Public Records

    $3,150,000

    Price

Show More

Tax History for 3117 E 6th St

Assessed Value (2020): $3,150,520
Year Land Value Improved Value Assessed Value
2020 $1,650,000 $1,500,520 $3,150,520

Home Value Compared to the Market

This property vs the competition

3117 E 6th St sold on October 23, 2019 for 290.72% 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 $477.18 per/sqft which puts the price per square foot 24.02% lower than the current median sale per square foot for the city of Long Beach.

About 3117 E 6th St

Detailed summary of property

3117 E 6th St is a multi family that recently sold in Long Beach, CA 90814. This multi family property offered 16 bedrooms, 9 bathrooms, roughly 6,706 living square feet, and sits on an approximately 6,501 square foot lot. 3117 E 6th St was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $3,150,000. 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 290.72% higher than the current median priced home. Local homes that are currently for sale include 16861 Green Ln, 15408 Pioneer Blvd and 3300 W Orange Ave. While the average home in Long Beach, CA is selling in 62 days, 3117 E 6th St has a days on market of 57 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 3117 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 3117 E 6th St

Public county record property details
Beds
16
Baths
9
Year built
1961
Sq. Ft.
6,706
Lot Size
6,500
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
3-4,6
APN
7258-029-024

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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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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