Long Beach, CA 90813 1478 Linden Avenue
$895,000
8 more
Presented By: Juan Huizar with Sage Real Estate Group, Inc.; 562-307-0838
Beds • 3
Baths • 1
SQFT • 2,630
Garage • 1
Year Built • 1923
Home Details
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.
Presented By: Juan Huizar with Sage Real Estate Group, Inc.; 562-307-0838
Interior Features for 1478 Linden Avenue
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
Laundry FeaturesWasherHookup, GasDryerHookup, LaundryRoom
Total Stories2
Other Rooms
Entry Level1
General for 1478 Linden Avenue
Additional Parcels Y/NNo
AppliancesGasRange
Architectural StyleCraftsman
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.4
Carport Y/NNo
CityLong Beach
Community FeaturesStreetLights, Sidewalks
ContingencyProperty to be sold with all tenants in place. Tenants are all month to month. All tenants are eligible for rental increases. Read attached supplements for more details.
CoolingWallWindowUnits
CountyLos Angeles
DirectionsNorth of Anaheim, South of Pacific Coast Hwy
DisclosuresRentControl
Electric On Property Y/NNo
Entry Location1
Garage Spaces1.0
Garage Y/NYes
Gross Income69000.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense3000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Conventional, FHA, FannieMae, VaLoan
Lot Size Square Feet5465.0
Lot Size UnitsSquareFeet
MLS Area9 - Poly High
MaintenanceExpense2250.0
MobileHomeRemainsYNNo
Net Operating Income48333.0
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
Operating Expense20667.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property ConditionRepairsCosmetic
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Subdivision NamePoly High (PH)
Tax Lot41
Taxes$11,187
Tenant PaysElectricity, Gas
Total Actual Rent69000.0
Trash Expense0.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected
Walk Score86
Water Sewer Expense2160.0
Waterfront Y/NNo
Year Built1923
Year Built SourceAssessor
ZoningLBR2N
Exterior for 1478 Linden Avenue
Building Area Total2630.0
Crops Included Y/NNo
FencingWood
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre, RectangularLot
Lot Size Acres0.1255
Lot Size Area5465.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDriveway, Garage
Private PoolNo
SpaNo
Total Parking1.0
Water SourcePublic
Additional Details
Price History
Keegan Cin
Team Lead
