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Julieanne Phan

julieannephan@icloud.com +1(714) 655-1434

$ 1,575,000

Est. payment -/mo

Save

Pending

1430 Linden AVE Long Beach, CA 90813

2 Beds

9 Baths

4,051 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 4,051 sqft

Price per Sqft $388

MLS Listing ID 25631677

Bedrooms 2

HOA Y/N No

Year Built 1920

Lot Size 6,838 Sqft

Property Description

Priced to sell at 9.65 GRM and 6.8% CAP with upside to 9 GRM and a 7.6% CAP. 9 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.8%). Located on a beautiful, quiet, tree lined street. The property was purchased in 2018 and completely remodeled down to the studs. Everything is new - plumbing, electric, interiors, windows, etc. - Seller spent over $400K total. The property is professionally managed and well maintained. There are 2 structures on the lot - 2 large 1 bedrooms in the front, and 7 studio units in the rear. The property also has 9 storage spaces that could be rented out for $75-100 per month each. There is onsite laundry as well. Qualified Buyers can put down as little as 25%. EARN OVER A 12% CASH ON CASH RETURN AGAINST IN PLACE RENTS. Contact LA for more info including a Rent Roll and OM.

Location

State CA

County Los Angeles

Area 9 - Poly High

Zoning LBR2N

Interior

Heating Wall Furnace

Fireplace No

Exterior

Parking Features None

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7269030011

Special Listing Condition Standard

Listed by Jonathan Swire The Agency

SCHOOLSPROPERTIES

Elementary Schools 20

9

Los Cerritos Elementary School

Public | KG - 5
9

Fremont Elementary School

Public | KG - 5
8

Signal Hill Elementary School

Public | KG - 5
8

Alvarado Elementary School

Public | KG - 5
7

Muir Academy

Public | KG - 8
7

Chavez Elementary School

Public | KG - 5
7

Birney Elementary School

Public | KG - 5
7

Lafayette Elementary School

Public | KG - 5
7

Robert Louis Stevenson Elementary School

Public | KG - 5
7

Longfellow Elementary School

Public | KG - 5
7

Lincoln Elementary School

Public | KG - 5
6

Garfield Elementary School

Public | KG - 5
6

Robinson K - 8 Academy

Public | KG - 8
6

Roosevelt Elementary School

Public | KG - 5
6

Mann Elementary School

Public | KG - 5
6

Bryant Elementary School

Public | KG - 5
5

Elizabeth Beth Hudson K - 8 School

Public | KG - 8
5

Daniel Webster Elementary School

Public | KG - 5
5

Oropeza Elementary School

Public | KG - 5
5

Smith Elementary School

Public | KG - 5

Middle Schools 9

9

Intellectual Virtues Academy of Long Beach

Public | 6 - 8
7

Hughes Middle School

Public | 6 - 8
6

Franklin Classical Middle School

Public | 6 - 8
6

Jessie E. Nelson Academy

Public | 6 - 8
5

Stephens Middle School

Public | 6 - 8
5

Washington Middle School

Public | 6 - 8
5

Jefferson Leadership Academies

Public | 6 - 8
0

Regency High School

Private | 7 - 12
0

Zinsmeyer Academy

Private | 8 - 12

High Schools 9

7

Renaissance High School for the Arts

Public | 9 - 12
7

Wilson High School

Public | 9 - 12
6

Polytechnic High School

Public | 9 - 12
1

Cabrillo High School

Public | 9 - 12
1

Beach High-Intensive Learning Program

Public | 9 - 12
0

Reid High School

Public | 11 - 12
0

Educational Partnership High School

Public | 9 - 12
0

St Anthony High School

Private | 9 - 12
0

Long Beach Unified School District Regional Occupational Program

Public | 10 - 12

School and business data provided by Attom Data.

Julieanne Phan

Broker

+1(714) 655-1434

Julieanne Phan

1430 Linden AVE Long Beach, CA 90813

Key Details

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Interior

Exterior

Building

Others

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1430 Linden AVE