$1,499,000
-$61,000463 W 6th, Long Beach CA 90802
Multi-Family (8 Units)
Property type
61 days
On market
$375
Price per sqft
0 cars
Garage
1923
Year built
2,534 sqft
Lot size
Home highlights
Open Houses
Overview
8-unit apartment building located in Downtown Long Beach. The property features a unit mix of (6) studios and (2) 1-bed/1-bath units, all with upgraded interiors. The building has been well maintained and has upgraded electrical panels. There is also a well sized basement with potential to be converted into a common area laundry room. Located on a corner lot with good...
Listing provided by: Cody Charnell DRE #01950585 562-896-3851, Sage Real Estate Group, Inc.
Listing updated: Jun 9, 2026 at 05:31pm.
Last checked: Jun 14, 2026 at 04:30pm
Source: CRMLS #PW26080272
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 0 | 1 | — | $1,450 | $1,595 | $1,595 | Unfurnished |
| 1 | 0 | 1 | — | $1,600 | $1,600 | $1,595 | Unfurnished |
| 1 | 0 | 1 | — | $1,695 | $1,695 | $1,695 | Unfurnished |
| 1 | 0 | 1 | — | $1,550 | $1,550 | $1,550 | Unfurnished |
| 1 | 1 | 1 | — | $1,720 | $1,720 | $1,720 | Unfurnished |
| 1 | 1 | 1 | — | $1,795 | $1,795 | $1,795 | Unfurnished |
| 1 | 0 | 1 | — | $1,550 | $1,550 | $1,550 | Unfurnished |
| 1 | 0 | 1 | — | $1,600 | $1,600 | $1,600 | Unfurnished |
# of Buildings: 1
# of Units Total: 8
Separate Electric Meters: 9
Separate Gas Meters: 9
Separate Water Meters: 1
Rent Control: Yes
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
9.6x
List Price / Annual Gross Rent
Cap Rate
6.7%
NOI / List Price
Gross Scheduled Income: $155,520
Vacancy Allowance: $7,776
Vacancy Allowance Rate: 5%
Operating Expense: $48,034
Net Operating Income: $99,710
Annual Operating Expenses
Electric: $0
Fuel: $1,320
Insurance: $8,000
Licenses: $600
New Taxes: $18,738
Professional Management: $8,865
Trash: $250
Water / Sewer: $1,380
Interior
Flooring: Tile, Wood
Cooling: None
Heating: Floor Furnace, Wall Furnace
Fireplace: None
Laundry: None
Entry Location: Front
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Foundation: Concrete Perimeter
Common Walls: Two Common Walls Or More
Lot Features: Six To Ten Units Acre
Pool: None
Spa: None
Fencing: Security
Water Source: Public
Sewer: Public Sewer
View: None
Garage and Parking
Parking: None
Garage Spaces: 0
Uncovered Spaces: 0
Carport Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7272023022
Additional Parcels: No
Tax Lot: 18
Tax Block: 37
Subdivision: Downtown (DT)
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Urban
Nearby Schools
Nearby schools around the 463 W 6th, Long Beach, CA 90802. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,199,200
Total Interest
$1,529,514
Total Payment
$2,728,714
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$9,291
per month
Property History for 463 W 6th
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90802.
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