Listing provided courtesy of Robert Stepp of Keller Williams Realty Downey. Last updated 2025-08-02 08:11:37.000000. Listing information © 2025 Sandicor.
Asking Price: $1,650,000 |
463 6th, Long Beach CA 90802
Community: 4 - Downtown Area, Alamitos Beach
This Apartment property was built in 1923 and is priced at $1,650,000. Please see the additional details below.
463 W. 6th Street is a well-located, 8-unit apartment asset in the heart of Downtown Long Beach. Priced at a 6.00% cap rate and a 10.49 GRM based on current rents, the property offers strong in-place income with additional upside potential.
The well-maintained building features new exterior paint and a refreshed entry awning. The unit mix includes (2)
1-bed/1-bath units and (6) studio units, all of which offer hardwood flooring and upgraded kitchens and bathrooms. Additional highlights include upgraded electrical systems and desirable 1920s architectural detailing.
Ideally situated in Downtown Long Beach, the property boasts a Walk Score of 89—“Very Walkable”—with most daily errands easily accomplished on foot. The property also offers convenient access to the 710 Freeway, providing seamless connectivity throughout Long Beach and the greater Los Angeles area.
