525 Linden Avenue Active

Long Beach,CA 90802

$ 2500000

- Bed

0 Bath

6868 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,868 sqft

Price per Sqft $364

MLS Listing ID PW-24201233

Year Built 1973

Lot Size 7,536 Sqft

Property 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.

Location

State CA

County Los Angeles

Zoning LBPD30

Interior

Laundry None

Exterior

Parking Features Gated

Garage Spaces 4.0

Pool None

Community Features Curbs,Sidewalks

Building

Lot Description 6-10 Units/Acre

Sewer Public Sewer,Septic Type Unknown,Unknown

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