1430 Linden Avenue, Long Beach, CA 90813

Long Beach
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
1430 Linden Avenue,Long Beach, CA 90813
$1,575,000
  • 2 Beds
  • 9 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: jonathan swire
Office: the agency
MLS#:25631677
Source:CRMLS

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Price summary

  • Price:$1,575,000

About this home

Priced to sell at 9.65 GRM and 6.8% CAP with upside to 9 GRM and a 7.6% CAP. 9 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.8%). Located on a beautiful, quiet, tree lined street. The property was purchased in 2018 and completely remodeled down to the studs. Everything is new - plumbing, electric, interiors, windows, etc. - Seller spent over $400K total. The property is professionally managed and well maintained. There are 2 structures on the lot - 2 large 1 bedrooms in the front, and 7 studio units in the rear. The property also has 9 storage spaces that could be rented out for $75-100 per month each. There is onsite laundry as well. Qualified Buyers can put down as little as 25%. EARN OVER A 12% CASH ON CASH RETURN AGAINST IN PLACE RENTS. Contact LA for more info including a Rent Roll and OM.

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Home facts

  • Year built:1920
  • Listing ID #:25631677
  • Added:60 day(s) ago
  • Updated:March 07, 2026 at 07:24 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:9

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1920
  • Levels:2 Story

Finances and disclosures

  • Price:$1,575,000
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