FOR SALE: 4-UNIT PROPERTY 237 W. 6th St., Long Beach Turnkey fourplex in the historic Wilmore City District, just outside Downtown Long Beach! This high-income-producing asset includes two brand-new construction units (built in 2023) featuring 2 bedrooms, 1 bathroom, modern interiors, and in-unit washer/dryers. The additional two units… Read More include a 1-bedroom, 1-bathroom and a 1-bedroom, 2-bathroom, both also equipped with in-unit laundry. Current Rents: Unit 1: $3,145 Unit 2: $2,050 Unit 3: $2,295 Unit 4: $2,295 Total Monthly Income:$9,740. ?Property Highlights: Prime Location – Minutes from Downtown Long Beach, freeways, and local attractions New Construction Units – Modern features, durable finishes, and strong tenant appeal Five-Car Garage – Secure parking and additional rental potential Strong Rental Income – Fully leased with market-driven rents Path of Growth – Positioned in an appreciating neighborhood with increasing demand This is an exceptional investment opportunity in a growing Long Beach submarket. Don’t miss out on this rare fourplex—schedule a showing today! Read Less
Property listed by Sage Real Estate Group, Inc., Juan Huizar 562-307-0838
Listing Snapshot
Days Online
195
Last Updated
Property Type
Quadruplex
Lot Size
0.17 Acres
Year Built
1902
MLS Number
PW25032669
30 Days Snapshot Of 90802
$558k
-13%
(avg) sold price
33
+3%
homes sold
104
-6%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
GasRange, Dryer, Washer
Building
Built in 1902, Building area total: 2,765, 2 buildings, Architectural style: Craftsman, Attached, Common walls: TwoCommonWallsOrMore
Community
Sidewalks
Cooling
CentralAir
Expenses
Gardener expense: $1,680, Insurance expense: $2,340, New taxes expense: $19,362, Operating expense: $25,482, Trash expense: $1,200, Water sewer expense: $900
Fireplaces
None
Floors
Vinyl
Garage
5 spaces
Heating
ForcedAir
Income
Gross income: $106,680, Net operating income: $81,198
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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