1124 Linden Ave, Long Beach, CA 90813

1124 Linden Ave, Long Beach, CA 90813

Long Beach, CA
$1,025,000

Property Description

Lyon Stahl Investment Real Estate as exclusive listing broker, is pleased to present an opportunity to acquire a 4-Unit apartment building that is situated on a 7,274 square foot lot located in the city Long Beach, CA. The subject property is located at 1124 Linden Ave, Long Beach, CA.

The subject property is composed of three (3) 1 bedroom and 1 bath units and one (1) 3 bedrooms and 2 bath unit. Each 1 bedroom unit is approximately 500 square feet each and each studio unit is about 440 square feet.

There are 4 parking spaces in the back of the property and the has a driveway in the front also has some space for tenants to access parking. Gas & electric are individually metered and the owner pays for water.

Property Features

  • Sale Price: $1,025,000
  • Area Size: 3,396 SF
  • Land Area: 7,274 SF
  • Year Built: 1913
  • Closing Date: 7/19/19
  • Units: 4
  • Current GRM: 12.68
  • Current Cap Rate: 5.30%
  • Price Per Unit: $262,500

Lyon Stahl Investment Real Estate

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