
Long Beach, California 90802
This Turnkey Quadruplex is a Strong Value Opportunity, listed at $1,350,000—positioned well below the $1,436,025 Fair Market Value by 5%. This valuation gap offers $86,025 in Instant Equity. Boasting an Excellent Condition Rating, the property features four renovated 2-bedroom units with hardwood flooring and stainless appliances. Located in the East Village Arts District near Stevenson Elementary, it blends historic character with modern rental appeal. This is an ideal asset for Owner-Occupants looking to house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 432 E 6th Street Subject | $1,350,000* List Price | 0 | 0 | 2,640 | $544 | - |
A 237 W 6th Street Sold | $1,346,000 | 0 | 0 | 2,765 | $487 | 0.5 mi |
B 1728 E Florida Street Sold | $1,049,000 | 0 | 0 | 1,728 | $607 | 1.0 mi |
C 629 Olive Avenue Sold | $1,050,000 | 0 | 0 | 1,824 | $576 | 0.2 mi |
D 416 Lime Active | $995,000 List Price | 0 | 0 | 2,204 | $451 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property has undergone a beautiful and extensive recent renovation, making it turnkey. The units feature modern updated kitchens with contemporary cabinets and appliances, updated bathrooms with new fixtures and tiling, hardwood flooring throughout living areas, and fresh paint. While the building was constructed in 1941, the comprehensive updates bring all visible components to a virtually new, high-quality standard, meeting current aesthetic and functional expectations for a fully renovated property.
Situated in the vibrant and highly desirable East Village Arts District of Downtown Long Beach, offering immediate access to the beach, eclectic shops, restaurants, cafes, and entertainment, which is highly attractive to renters and owner-occupants.
The property is beautifully updated and turnkey, with all four 2-bedroom, 1-bathroom units featuring modern upgrades including hardwood flooring, fresh paint, stainless steel appliances, and updated kitchens and bathrooms, minimizing immediate capital expenditure for a new owner.
As a 4-unit multifamily property, it presents an exceptional investment opportunity for strong rental income or for an owner-user to live in one unit and rent out the others, providing significant financial flexibility.
Built in 1941, despite cosmetic updates, the property may still have original or older underlying infrastructure (plumbing, electrical, roof) that could require significant maintenance or replacement in the future, leading to unforeseen costs.
With a lot size of only 2019 sqft for a 4-unit property, there is likely minimal to no dedicated outdoor space or common areas, which can be a drawback for tenants seeking more expansive living environments or private outdoor amenities.
Located in a dense downtown urban area, the property may lack dedicated parking for all four units, potentially creating significant inconvenience for tenants and impacting desirability, a common issue in such sought-after districts.
Welcome to 432 E 6th Street, a beautifully updated, turnkey 4-unit multifamily property located in the vibrant and highly desirable East Village Arts District of Downtown Long Beach. This exceptional investment opportunity combines classic charm with modern upgrades, all just minutes from the beach, eclectic shops, restaurants, cafes, and entertainment. Each of the four spacious units features 2 bedrooms and 1 bathroom, thoughtfully renovated to appeal to today’s renters or owner-occupants. Interior highlights include hardwood flooring throughout, fresh modern paint palette, stainless steel appliances, updated kitchens and bathrooms. This property offers the perfect blend of urban lifestyle and historic character. Ideal for investors looking for strong rental income or owner-users seeking to live in one unit while renting out the others. Don’t miss this rare opportunity to own a fully updated, income-producing asset in one of Long Beach’s most sought-after communities. #436 to be delivered vacant.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,640 | 2,765 | 47% |
| Lot Size | 2,019 | 4,450 | 7% |
| Price | $1.35M | $1.25M | 67% |
| Price per sq ft | $511 | $487 | 53% |
| Built year | 1941 | 1923 | 87% |
| HOA | $0 | $0 | 50% |
| Days on market | 79 | 194 | 13% |
Feb 2, 2026
$1,350,000
Initial Listing
Jan 6, 2012
$427,000
Public Record
Sep 6, 2007
$830,000
Public Record
Jan 9, 2007
$585,000
Public Record
Apr 22, 2002
$98,000
Public Record
Sep 16, 1999
$75,000
Public Record
Jun 21, 1996
$22,500
Public Record