$2,500,000
 $13,421 forsale estimated payment Sourced by Back At You

525 Linden Avenue , Long Beach, CA 90802

Long Beach, CA 90802

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Description

We are pleased to present a 10 unit apartment building located at 525 Linden Avenue in Long Beach, California. This is a value-add opportunity in a great location of East Village in Long Beach. The subject property is close to 4th Street Retro Row, Downtown Long Beach and 2nd Street in Belmont Shore where there are restaurants, shops, bars, grocery stores and entertainment venues. The subject property consists 6,868 rentable square feet spread throughout a 7,536 square foot lot. It was built in 1973 and consists of 8 one bedroom / one bathroom units and 2 two bedroom / two bathroom units. The subject property is also separately metered for gas and electricity which helps keep expenses to a minimum. There are a total of 8 garages which are able to generate income as well. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to the ocean breeze and walking distance to shops, restaurants, cafes, entertainment centers and grocery stores.

Details

MlsPW24201233
Listing TypeFor Sale
StyleAttachd
SubtypeResale
StatusActive
Year1973
Days On Site74
Listing Provided ByMarcus & Millichap 562-257-1200 | Kevin King

Features

Sq Feet6,868
Garage4
Storys2
Units10
Buildings1
ZoningLBPD30
Acreage0.17

Market Activity 90802

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountyLos Angeles
CityLong Beach
Zip Code90802
Area699 Not Defined
Listing VS Median (in 90802)
Price:
$2,500,000
low | high
Med:
$449,000
100% of Average
SqFt:
6,868
low | high
Med:
660
100% of Average
$ / SqFt:
$364
low | high
Med:
$680
36.892848484848% of Average
On Site:
74
low | high
Med:
33.000000
100% of Average
Sourced by Back At You
Listing Updated: December 5, 2024 at 4:10:10 PM PST
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