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2461 Linden Ave
Long Beach, CA 90806
Long Beach Apartments · Multifamily Property For Sale
·
7 Units
Investment Highlights
- Turnkey investment: Ideal acquisition for an investor looking for an asset in great condition with strong in-place cash flow
- Remodeled asset with all 2-bedrooms
- Strong rental location three blocks from the Metro Blue Line, five minutes from the 405 and 710 freeways, and conveniently near retail
- 5.27% Cap rate on current rents
- Property boasts newer roof, copper plumbing, and new vinyl windows
Property Facts
| No. Units | 7 | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 4,923 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 0.81/1,000 SF |
| Zoning | LBR2N | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 4,923 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 0.81/1,000 SF |
| Zoning | LBR2N |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 7 | $1,918 | 700 |
Property Taxes
| Parcel Number | 7208-008-014 | Improvements Assessment | $1,275,000 |
| Land Assessment | $561,000 | Total Assessment | $1,836,000 |
Property Taxes
Parcel Number
7208-008-014
Land Assessment
$561,000
Improvements Assessment
$1,275,000
Total Assessment
$1,836,000
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