Lyon Stahl Investment Real Estate is pleased to present 6127 Linden Avenue, a fully occupied, three unit investment property located in Long Beach. Listed for under $260,000 per unit, this 1950’s construction property consists of three bedrooms and three bathrooms. Each unit is one bedroom and one bathroom that are individually metered for gas and electric. Exceptional rents and on site coin laundry provide a current CAP rate of 4.46% and a GRM of 14.83.
This adorable property is occupied by good tenants and has been very well maintained. Interior renovations in 2018 have included kitchens, bathrooms, counters, paint, stoves, and lighting fixtures. The exterior has recently been painted and the composite roof was replaced in the last 5 years. All three garage doors have been replaced within the last year and all three water heaters are new or in like new condition.