Long Beach, CA 90813 1125 Linden Avenue
$1,320,000
10 more
Presented By: Augustin Joo with California Bridge Realty; 714-425-5480
Beds • 7
Baths • 7
SQFT • 3,500
Garage • 2
Year Built • 1905
Home Details
A great income-producing property consists of two buildings. A front single-family home that has 2 beds and 2 baths with a good-sized family room and a kitchen. A Duplex built in 2008 in the back has one 2 bed and 2 bath unit and a 3 bed and 3 bath unit separated by one shared wall. All units come with a 2-car garage and extra parking spaces. All units have separate utility meters for water, gas, and electricity. An excellent income property located behind St Mary's Hospital of Long Beach less than 2 miles away from the Aquarium of the Pacific.
Presented By: Augustin Joo with California Bridge Realty; 714-425-5480
Interior Features for 1125 Linden Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories3
Other Rooms
Entry Level2
General for 1125 Linden Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.9
Carport Y/NNo
CityLong Beach
Community FeaturesCurbs, StreetLights
ContingencyThe buyer is to cooperate with the seller's 1031 Exchange.
CountyLos Angeles
Current FinancingConventional
Directionsgo west on Anaheim ave and turn left on Linden ave
Electric Expense400.0
Electric On Property Y/NNo
Entry Locationground level with steps, Mid level
ExclusionsAll mineral rights underneath the property
Fuel Expense200.0
Garage Spaces2.0
Garage Y/NYes
Gross Income87192.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense2700.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Listing TermsCash, CashToNewLoan, Exchange1031
Lot Size Square Feet7523.0
Lot Size UnitsSquareFeet
MLS Area4 - Downtown Area, Alamitos Beach
MaintenanceExpense2000.0
MobileHomeRemainsYNNo
Net Operating Income63992.0
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
Operating Expense23200.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Subdivision NameDowntown (DT)
Tax Lot19
Taxes$16,368
Tenant PaysElectricity, Gas, Water
Total Actual Rent82920.0
Trash Expense0.0
Water Sewer Expense500.0
Waterfront Y/NNo
Year Built1905
Year Built SourceAppraiser
ZoningLBR4N
Exterior for 1125 Linden Avenue
Building Area Total3500.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.1727
Lot Size Area7523.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters3
Open Parking Y/NNo
Parking FeaturesDriveway, Garage
Private PoolNo
SpaNo
Total Parking10.0
Additional Details
Price History
Justin Hughey
Price
$1,320,000
MLS#PW24246703
List Date
12/18/2024
Property Type
Multi-Family
Phone
(562) 818-1655
