1430 Linden Avenue, Long Beach, CA 90813
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
1430 Linden Avenue,Long Beach, CA 90813
$1,575,000
- 2 Beds
- 9 Baths
- 4,051 sq. ft.
- Multi-family
- Active
Listed by: jonathan swire
Office: the agency
MLS#:25631677
Source:CRMLS
Price summary
- Price:$1,575,000
- Price per sq. ft.:$388.79
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.
Contact an agent
Home facts
- Year built:1920
- Listing ID #:25631677
- Added:2 day(s) ago
- Updated:January 06, 2026 at 05:33 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:9
- Living area:4,051 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1920
- Building area:4,051 sq. ft.
- Lot area:0.16 Acres
Finances and disclosures
- Price:$1,575,000
- Price per sq. ft.:$388.79
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