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636 Linden Ave
Long Beach, CA 90802
20 Units Long Beach - $187,000/Unit! · Multifamily Property For Sale
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20 Units
Investment Highlights
- Unit Mix Comprised of All Studio Units
- Tenants Enjoy Gated Entryway
- Strong 33%+ Upside in Rental Income!
- Well-Maintained Courtyard-Style Property in Proximity to Downtown Long Beach
- Current GRM: 14.47 | Current Cap Rate: 4.51%
Property Facts
| No. Units | 20 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 7,204 SF |
| Property Subtype | Apartment | Average Occupancy | 95% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1939 |
| Zoning | LBPD30 - restricted Density Multiple Dwelling | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,204 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1939 |
| Zoning | LBPD30 - restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
Site Amenities
- Fenced Lot
- Laundry Facilities
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 20 | - | - |
Property Taxes
| Parcel Number | 7274-018-010 | Improvements Assessment | $1,406,100 |
| Land Assessment | $2,599,959 | Total Assessment | $4,006,059 |
Property Taxes
Parcel Number
7274-018-010
Land Assessment
$2,599,959
Improvements Assessment
$1,406,100
Total Assessment
$4,006,059
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