2624 E 6th, Long Beach, California 90814, Long Beach, 90814 - 4 bed, 3 bath
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Long Beach, California 90814
This historic Spanish-style duplex represents a Strong Value Opportunity, listed at $1,100,000—positioned well below the $1,171,514 Fair Market Value by 6%. This valuation gap provides $71,514 in Instant Equity. With a Condition Rating of 3, the property features a 2005 renovation, a 2019 roof, and Mills Act eligibility. The layout offers significant Value-Add Potential through unit subdivision and rental income from three garages. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a historic, income-generating asset in Rose Park South.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2624 E 6th Subject | $1,075,000* List Price | 4 | 3 | 2,048 | $560 | - |
A 678 Coronado Sold | $1,050,000 | 0 | 0 | 1,975 | $532 | 0.4 mi |
B 361 Gladys Sold | $1,345,000 | 0 | 0 | 2,582 | $521 | 0.2 mi |
C 367 Loma Sold | $1,310,000 | 0 | 0 | 2,192 | $598 | 0.6 mi |
D 672 Junipero Active Under Contract | $1,295,000 List Price | 0 | 0 | 2,284 | $567 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1924 but underwent a major renovation in 2005 (19 years ago) covering electrical and plumbing systems. The property is well-maintained with a roof recoated in 2019, functional kitchens (one modern, one original but restored), and updated flooring in the upstairs unit, making it move-in ready.
The property is eligible for the Mills Act, providing a significant financial incentive through substantial property tax reductions for the preservation of this historic 1924 duplex.
Situated in the desirable Rose Park South historic district, the property offers high walkability to the beach and the popular 'Retro Row' commercial corridor.
With three detached garages, one unit delivered vacant, and a downstairs layout that may allow for subdivision into two units, there are multiple opportunities to increase rental yield.
A $125,000 price reduction shortly after listing suggests the property may have been initially overvalued or is facing resistance in the current interest rate environment.
Being in a historic district entails strict adherence to preservation guidelines, which can increase the cost and complexity of future exterior renovations or repairs.
*GREAT OPPORTUNITY near the best of Retro Row, in the historic district of Rose Park South! Well maintained Spanish-style Duplex with two spacious 2 bedroom units and 3 1-car garages that rent for $2500/mo + $2600/mo. Each unit is approx 1,024 sq ft with large original windows and restored plaster walls and ceilings. *The Downstairs Unit: has 2 bedrooms and 2 bathrooms, original oak hardwood floors, large kitchen with original cabinetry, dishwasher, and an island. It has access to the backyard with a deck, and rents 2 of the 1 car garages. This unit has 2 front doors and 2 back doors, and could possibly be split into 2 units - buyer to check with city. *The Upstairs Unit: has 2 bedrooms and 1 bathroom, newer vinyl flooring, a large kitchen with modern cabinetry and dishwasher. It has a rooftop patio, and rents 1 garage. BOTH units feature large closets, high ceilings, ceiling fans, and original details such as faux fireplaces flanked by original shelving, cabinetry, and built in pull-down desks. Both units each have their own stackable washer/dryers and lots of storage. Tenants pay trash, gas and electric. The property has was renovated in 2005, including electrical and plumbing and garage renovations. There is parking in front of the 3 garages. Roof was recoated in 2019. Walking distance to the beach, shops and restaurants. *1 Unit will be delivered vacant.* This property is eligible for the Mills Act.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,048 | 2,100 |
| Lot Size | 3,208 | 5,077.5 |
| Price | $1.07M | $1.14M |
| Price per sq ft | $525 | $519 |
| Built year | 1924 | 1950 |
| HOA | $0 | $0 |
| Days on market | 67 | 68 |
Jul 9, 2026
$1,075,000
$1,100,000
-2% Price Drop
Initial Listing
Jun 3, 2026
$1,100,000
$1,225,000
-10% Price Drop
Initial Listing
May 16, 2026
$1,225,000
Initial Listing
Jun 26, 2007
$834,000
Public Record
Jan 16, 2004
$540,000
Public Record