12
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$895,000
Est. payment /mo
6 Beds
3 Baths
5,465 Sqft Lot
Contingent
1478 Linden Avenue Long Beach, CA 90813
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID PW25037814
Bedrooms 6
HOA Y/N No
Lot Size 5,465 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
For Sale: Spanish-Style Triplex with ADU Potential 1478 Linden Ave., Long Beach, CA 90813 An exceptional income-generating triplex in the heart of Long Beach, offering strong cash flow with room for additional development. This Spanish-style property consists of a detached front house and a rear duplex, all with recently remodeled kitchens and solid rental income. Property Breakdown: 1478 Linden Ave. (Front House 1,238 sq. ft.) 3-bedroom, 1-bathroom Private front yard & large backyard Laundry hookups 1-car garage (included in lease) Current rent: $2,365/month 1480 Linden Ave. (Downstairs Rear Unit -592 sq. ft) 1-bedroom, 1-bathroom + bonus office nook. Private front yard Private laundry room (attached to back of garage) Current rent: $1,550/month 1482 Linden Ave. (Upstairs Rear Unit - 800 sq. ft) 2-bedroom, 1-bathroom + bonus office nook No laundry hookups Current rent: $1,835/month Investment Highlights: Total monthly rental income: $5,750 Actual 5.4% cap rate Alley access with gated entry Massive backyard with potential to build 2-3 ADUs between the two structures This is an incredible opportunity for investors looking for immediate cash flow with upside potential. Priced to selldont miss your chance to add this value-packed triplex to your portfolio.
For Sale: Spanish-Style Triplex with ADU Potential 1478 Linden Ave., Long Beach, CA 90813 An exceptional income-generating triplex in the heart of Long Beach, offering strong cash flow with room for additional development. This Spanish-style property consists of a detached front house and a rear duplex, all with recently remodeled kitchens and solid rental income. Property Breakdown: 1478 Linden Ave. (Front House 1,238 sq. ft.) 3-bedroom, 1-bathroom Private front yard & large backyard Laundry hookups 1-car garage (included in lease) Current rent: $2,365/month 1480 Linden Ave. (Downstairs Rear Unit -592 sq. ft) 1-bedroom, 1-bathroom + bonus office nook. Private front yard Private laundry room (attached to back of garage) Current rent: $1,550/month 1482 Linden Ave. (Upstairs Rear Unit - 800 sq. ft) 2-bedroom, 1-bathroom + bonus office nook No laundry hookups Current rent: $1,835/month Investment Highlights: Total monthly rental income: $5,750 Actual 5.4% cap rate Alley access with gated entry Massive backyard with potential to build 2-3 ADUs between the two structures This is an incredible opportunity for investors looking for immediate cash flow with upside potential. Priced to selldont miss your chance to add this value-packed triplex to your portfolio.
For Sale: Spanish-Style Triplex with ADU Potential 1478 Linden Ave., Long Beach, CA 90813 An exceptional income-generating triplex in the heart of Long Beach, offering strong cash flow with room for additional development. This Spanish-style property consists of a detached front house and a rear duplex, all with recently remodeled kitchens and solid rental income. Property Breakdown: 1478 Linden Ave. (Front House 1,238 sq. ft.) 3-bedroom, 1-bathroom Private front yard & large backyard Laundry hookups 1-car garage (included in lease) Current rent: $2,365/month 1480 Linden Ave. (Downstairs Rear Unit -592 sq. ft) 1-bedroom, 1-bathroom + bonus office nook. Private front yard Private laundry room (attached to back of garage) Current rent: $1,550/month 1482 Linden Ave. (Upstairs Rear Unit - 800 sq. ft) 2-bedroom, 1-bathroom + bonus office nook No laundry hookups Current rent: $1,835/month Investment Highlights: Total monthly rental income: $5,750 Actual 5.4% cap rate Alley access with gated entry Massive backyard with potential to build 2-3 ADUs between the two structures This is an incredible opportunity for investors looking for immediate cash flow with upside potential. Priced to selldont miss your chance to add this value-packed triplex to your portfolio.
Location
State CA
County Los Angeles
Area Long Beach (90813)
Zoning Assessor
Interior
Cooling Wall/Window
Building
Lot Description Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional, FHA, VA
Space Rent $2,365
Listing Terms Cash, Conventional, FHA, VA
Listed by Juan Huizar • Sage Real Estate Group, Inc.