Address
1056 E 6th Street, Long Beach, CA
Price
$ 2,200,000
Property Attributes
- MLS#SB26180743
- TypeMulti-Family
- Listing Status Active
- CountyLos Angeles
- CityLong Beach
- Area Downtown Area, Alamitos Beach
- NeighborhoodAlamitos Beach (AB)
- Zip90802
- Style
- Year Built1955
- Price$ 2,200,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage5570
- Lot Size0.1483 Acres
Data Source:
California Regional MLS (CRMLS)
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 an array of local dining, shopping, and entertainment, 1056 E. 6th St. offers an ideal blend of convenience, accessibility, and tenant appeal. 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 unit mix caters to the strong local demand for smaller rental units, supporting consistent occupancy and dependable renter interest. A standout feature is the property’s existing four-car garage, providing secure, private on-site parking—an increasingly valuable amenity in this neighborhood. Additional parking is available directly in front of the garages, creating the potential for up to eight (8) total on-site parking spaces, depending on vehicle size and configuration and applicable local ordinances. The garage area may also present a compelling ADU conversion opportunity, potentially allowing an investor to add residential units, increase rentable square footage, and enhance the property’s overall income potential. Buyers should independently verify parking configuration, ADU feasibility, unit count, permitting requirements, and development potential with the City of Long Beach and appropriate professionals. 1056 E. 6th St. is a proven income-producing asset located in one of Long Beach’s most desirable rental submarkets. With its strong existing unit mix, valuable on-site parking, and potential value-add opportunity through ADU development, the property is well positioned for investors seeking stability, long-term appreciation, and additional upside from a strategically located multifamily investment.
| Price History | |
|---|---|
| 8/18/2026 | Listed $2,200,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Wall Furnace |
| Cooling | Wall/Window Unit(s) |
| Utilities | Electricity Connected,Natural Gas Connected |
| Possession | Close Of Escrow |
| Garage Spaces | 4 |
| Pool Features | None |
| Year Built | 1955 |
| Tenant Pays | Electricity,Gas |
| Stories Count | 2 |
| Levels | Two |
| Property Subtype | Apartment |
| Gross Income | 196678 |
| Community Features | Curbs |
| County | Los Angeles |
| Net Operating Income | 133852 |
| Operating Expense | 56926 |
| Insurance Expense | 5901 |
| New Construction | false |
| Property Type | Residential Income |
| HOA | false |
| Subdivision Name | Alamitos Beach (AB) |
| Garage Y/N | true |
| Special Listing Conditions | Standard |
| Status | Active |
| Directions | Between Alamitos Ave and Cerritos Ave |
| City | Long Beach |
| Entry Location | 1 |
| Senior Community Y/N | false |
| Number Of Units Total | 9 |
| MLS Area | 4 - Downtown Area, Alamitos Beach |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 6458 |
| Listing Terms | Cash,Cash to New Loan,Conventional,Submit |
| Property Attached Y/N | true |
| Land Lease Y/N | false |
| Current Financing | None |
| Trash Expense | 1198 |
| Water Sewer Expense | 2851 |
| Additional Parcels Y/N | false |
| Rent Control Y/N | false |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 12 |
| Property Sub Type Additional | Apartment |
| Cap Rate | 6.08 |
| PostalCity | LONG BEACH |
Interior Features
| Flooring | Laminate,Vinyl |
|---|---|
| Fireplace Features | None |
| Total Stories | 2 |
| Common Walls | 2+ Common Walls |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Laundry Features | Common Area,Inside |
| Entry Level | 1 |
Exterior Features
| Lot Features | 6-10 Units/Acre |
|---|---|
| Water Source | Public |
| Total Parking | 4 |
| Lot Size Area | 6458 |
| Number of Buildings | 1 |
| Building Area Total | 5570 |
| Lot Size Acres | 0.1483 |
| Private Pool | false |
| Lot Size Source | Assessor |
| Number of Separate Gas Meters | 9 |
| Number of Separate Electric Meters | 9 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 90802
Price
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of September 17, 2026 5:14 AM UTC 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.
