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Listed by Juan Huizar • Sage Real Estate Group, Inc.
$ 895,000
Est. payment /mo
Active
1478 Linden Avenue Long Beach, CA 90813
2,630 SqFt
UPDATED:
Key Details
Property Type Single Family Home
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 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
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