Spanish-Style Duplex with
2624 E 6th St Long Beach, CA 90814
2624 E 6th St, Long Beach, CA, 90814
$1,100,000
For Sale
$1,100,000
Two well-maintained 2-bedroom units with private patios and three 1-car garages, plus tenant-paid utilities.
Property Size2,048 SF
Price / SF$537.11
Days on Market79
Property Features for 2624 E 6th St
General Information
- Standard status
- Active
- Size
- 2,048 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1924
Listing Agency
Beach Equities
(562) 508-9869
Listed by
Estefanita Hands · License #01502653
(562) 508-9869
Source
Exitrealty
Added: May 1 Checked: Jul 17 at 5:08 am
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 Beach Equities
Investment Insights
Based on property information with market context.
This well-maintained Spanish-style duplex features two spacious 2-bedroom units. The downstairs unit includes 2 bathrooms and original oak hardwood floors, with a large kitchen that retains original cabinetry and includes a dishwasher and island. It also has a backyard patio, and rents two of the three 1-car garages. The upstairs unit offers 2 bedrooms and 1 bathroom, with newer vinyl flooring and a kitchen with modern cabinetry and a dishwasher, along with a rooftop patio. Both units include original design elements such as faux fireplaces, original shelving and cabinetry, and built-in pull-down desks, plus individual stackable washer/dryer units.
The property was renovated in 2005, including electrical and plumbing. Tenants are responsible for trash, gas, and electric. One unit will be delivered vacant, supporting straightforward relocation or immediate re-rental.
Located near Retro Row in the historic district of Rose Park South and described as within walking distance to the beach, shops, and restaurants, the building is suited to owner-occupants or investors seeking a residential income property with distinct outdoor spaces, in-unit laundry, and garage parking established across the three 1-car units.
The property was renovated in 2005, including electrical and plumbing. Tenants are responsible for trash, gas, and electric. One unit will be delivered vacant, supporting straightforward relocation or immediate re-rental.
Located near Retro Row in the historic district of Rose Park South and described as within walking distance to the beach, shops, and restaurants, the building is suited to owner-occupants or investors seeking a residential income property with distinct outdoor spaces, in-unit laundry, and garage parking established across the three 1-car units.
Key Highlights
- 1924 Spanish‑style duplex with two spacious 2‑bedroom units (approx. 1,024 sq ft each).
- 3 private 1‑car garages: downstairs rents 2 garages and upstairs rents 1 garage.
- Rents listed at $2,400/mo (one unit) and $2,500/mo (second unit); tenants pay trash, gas, and electric.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.4k | $32.40 |
| − Vacancy | −$3.5k | −$1.68 |
| EGI | $62.9k | $30.72 |
| − OpEx | −$18.9k | −$9.21 |
| NOI | $44.0k | $21.50 |
2,048 SF · lease $32.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$629.0K
$550.4K – $733.9K
NOI $44,033 @ 7.0% cap · market cap 4.00%
Second Best
Apartment 5plus
$559.5K
$489.6K – $652.8K
NOI $39,165 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$1.10M
$959.4K – $1.28M
NOI $76,754 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two well-maintained 2-bedroom units with private patios and three 1-car garages, plus tenant-paid utilities.
Where is this duplex located?
The property is located at 2624 E 6th St Long Beach, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 1924 Spanish‑style duplex with two spacious 2‑bedroom units (approx. 1,024 sq ft each).; 3 private 1‑car garages: downstairs rents 2 garages and upstairs rents 1 garage.; Rents listed at $2,400/mo (one unit) and $2,500/mo (second unit); tenants pay trash, gas, and electric.
