1478 Linden Avenue Active

Long Beach,CA 90813

$ 895000

- Bed

0 Bath

2630 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,630 sqft

Price per Sqft $340

Subdivision Poly High

MLS Listing ID PW-25037814

Style Craftsman

Year Built 1923

Lot Size 5,465 Sqft

Property Sub-Type Triplex

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 sell--don't miss your chance to add this value-packed triplex to your portfolio.

Location

State CA

County Los Angeles

Area 9 - Poly High

Zoning LBR2N

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Vinyl

Laundry Gas Dryer Hookup,Individual Room,Washer Hookup

Exterior

Parking Features Garage,Driveway

Garage Spaces 1.0

Pool None

Community Features Sidewalks,Street Lights

Utilities Available Sewer Connected,Electricity Connected,Natural Gas Connected

Building

Lot Description Rectangular Lot,0-1 Unit/Acre

Sewer Public Sewer

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