Updated Quadplex with
For Sale
$1,675,000
1805 E 6th, Long Beach, CA 90802
Four residential units combine private carports, dedicated laundry rooms, and updated interiors in a coastal Long Beach setting.
Property Size3,726 SF
Days on Market69
Property Features for 1805 E 6th
General Information
Standard status
Active
Size
3,726 SF
Total Parking Spaces
4
Property subtype
Quadruplex
Site & Location
Neighborhood
North Alamitos Beach
Units
Unit Mix
3 x 2BR/2BA, 1 x 1BR/1BA
Multifamily Units
4
Amenities
dedicated laundry room
additional storage
Building Details
Building Size
3,726 SF
Year Built
1964
Stories
2
Listing Agency:
Coldwell Banker Envision
Listed By:
Maria Palacios · License #01378393
(562) 883-1003
Source:
Nolanrossre.kw
Added: Aug 20
Changed: Oct 25
Last Checked: Oct 26 at 12:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Envision
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Investment Insights
Based on property information with market context.
This updated four-unit property at 1805 E 6th in Long Beach includes three 2-bedroom, 2-bath residences and one 1-bedroom, 1-bath residence. Each unit has a private carport and a dedicated laundry room with washer and dryer hookups, while additional storage is available throughout the property. The building was constructed in 1964.
The property is less than a mile from the beach and situated between North Alamitos Beach and Rose Park South. Shoreline Village, dining, entertainment, and shopping are located minutes away. Walk Score is 97, Bike Score is 87, and Transit Score is 73. Two units are expected to be delivered vacant at close of escrow.
The property is less than a mile from the beach and situated between North Alamitos Beach and Rose Park South. Shoreline Village, dining, entertainment, and shopping are located minutes away. Walk Score is 97, Bike Score is 87, and Transit Score is 73. Two units are expected to be delivered vacant at close of escrow.
Key Highlights
- Four‑unit property with three 2‑bedroom, 2‑bath units and one 1‑bedroom, 1‑bath unit
- Each residence includes a private carport and dedicated laundry room with washer and dryer hookups
- Two units are expected to be delivered vacant at close of escrow
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,111
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,602,220
$1.6M
Cap Rate 7%
$1,144,443
$1.1M
Cap Rate 9%
$890,122
$890.1K
Market Conditions
NOI Build-Up for 3,726 SF
Gross rent
$120.7K $32.40/SF
− Vacancy
−$6.3K −$1.68/SF
EGI
$114.4K $30.72/SF
− OpEx
−$34.3K −$9.21/SF
NOI
$80.1K $21.50/SF
Area
Long Beach, CA
Vacancy
5.20%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,602,220
Cap Rate 7%
$1,144,443
Cap Rate 9%
$890,122
Alternative Uses
Best Use
Multifamily LT 5
$1.14M
$1.00M – $1.34M
NOI $80,111 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$1.02M
$890.7K – $1.19M
NOI $71,254 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$1.99M
$1.75M – $2.33M
NOI $139,642 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,932
Businesses Nearby
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Business Placement
Demographics for 90802, CA
41,686
Population
25,055
Households
1.7
Avg Household Size
37
Median Age
44%
College-Educated
88%
High-School Grad
6.5 sq mi
ZIP Area
6,413
Density / Sq Mi
$72,152
Median Household Income
$52,011
Median Earnings
$1,855
Median Rent
$546,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units combine private carports, dedicated laundry rooms, and updated interiors in a coastal Long Beach setting.
Where is this quadplex located?
The property is located at 1805 E 6th Long Beach, CA.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: Four‑unit property with three 2‑bedroom, 2‑bath units and one 1‑bedroom, 1‑bath unit; Each residence includes a private carport and dedicated laundry room with washer and dryer hookups; Two units are expected to be delivered vacant at close of escrow
