938 East 6th Street is a well-maintained 10-unit apartment building in Long Beach, California. The property is located near Alamitos Avenue between 4th and 7th Streets, conveniently near the numerous dining, shopping and retail opportunities available in rapidly redeveloping downtown Long Beach and the city's popular Retro Row. Additionally, the property is across from the Museum of Latin American Art and less than a five minute walk from both Franklin Classical Middle School and St. Anthony School.
The offering is a highly desirable 1987 construction that features 10 large one-bedroom/one-bath units that average 798 square feet. The units are separately metered for gas and electricity and have private balconies. The property is securely gated and also features ample covered parking and shared laundry.
938 East 6th Street presents an excellent opportunity for an investor to acquire a sought-after 80s construction in a rapidly redeveloping, dense rental market with low vacancy rates. Furthermore, an astute investor could add value and capture additional potential upside. Listed by Steven Bogoyevac, Steven M. Bogoyevac, Broker.