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1430 Linden Ave
Long Beach, CA 90813
9 Units in Long Beach -9.6 GRM -Fully Redone · Multifamily Property For Sale
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9 Units
Investment Highlights
- Priced to sell at 9.65 GRM and 6.8% CAP with upside to 9 GRM and a 7.6% CAP.
- Seller spent over $400K remodeling the property down to the studs.
- NO LOCAL RENT CONTROL - just CA AB 1482.
- EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
- Excellent unit mix for the location.
- Qualified Buyers can put as little as 25% down and earn over a 12% cash on cash return against in place rents.
Property Facts
| No. Units | 9 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 4,051 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1920/2019 |
| Zoning | LBR2N - Two- family Zone | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,051 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1920/2019 |
| Zoning | LBR2N - Two- family Zone |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| Studios | 7 | - | - |
Property Taxes
| Parcel Number | 7269-030-011 | Improvements Assessment | $830,614 |
| Land Assessment | $398,238 | Total Assessment | $1,228,852 |
Property Taxes
Parcel Number
7269-030-011
Land Assessment
$398,238
Improvements Assessment
$830,614
Total Assessment
$1,228,852
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